If you haven’t yet heard about the threat to liberty posed by Central Bank Digital Currencies (CBDCs), you will very soon. Our financial system has shifted to digital dollars increasingly over the past 40 years. Most transactions, indeed, most of the money in the system is in the form of numbers in a computer, not in cold, hard cash. But governments can’t control you as easily if you have cash in hand, and that cannot be allowed to stand.

The only limits on a cash transaction used to be the amount of cash the bank had in the vault. Then, to keep us safe, of course, the government required banks to report cash transactions over $10,000. The requirements have been successively ratcheted-up (each time resulting in greater safety for us, naturally) to the point where the Biden Administration now wants banks to report all transfers into and out of accounts with balances over $600!

https://tomrenz.substack.c...