Mongoose: US Corruption Goes Parabolic — Bitchain as a Control Vehicle for Confiscating Money

Corruption, Government

The Corruption In The U.S. Has Reached Insane Levels – Dave Kranzler

A digital currency system not only will enable the Government to monitor everything you do with your money, it will also enable them to more easily “corral” any money you keep in a bank in order to use that capital for the bail-ins which will inevitably hit the system when 2008 Redux hits the system.

Phi Beta Iota: There are clearly major issues to be resolved if we are to migrate from a corrupt system controlled by the few to an honest system serving the many.We have a couple of posts scheduled that discuss how an independent blockchain system can in fact avoid government control and monitoring. Below are a couple of alternative views.

Can the ECB create money for a universal basic income?

Crime, terrorism and tax evasion: why banks are waging war on cash