Crypocurrency - leading to cashless society and BIG BROTHER?

Hey folks,

Call me paranoid, or a conspiracy theorist? Well perhaps but ......

Read the following article on cryptocurrency as a disruptive technology, and you will find that large countries
such as CHINA are starting to embrace this technology....do we want this in western countries? Could it be
used against us rather than empowering us to interact free of a centralized control? These are good questions
as new coins are developed that have more relevance to our day-to day financial transactions.
It seems that people are just blindly accepting it - as only a good thing. But why the ill-considered spirit of optimism?
Could it be used by nefarious Governments and agencies to not only monitor our activities but subtly control us ( or overtly control us?). These are just questions - I am by no means trashing Cryptocurrencies. But perhaps we should throw a little caution to the wind and really step back and think carefully where this could lead for future generations.

If there is no access to a black market because of over-regulation to stop this very thing, then people will have no way
to stop indiscrimate sharing of their information with other agencies due to the development of centralized coins.
I propose this is what Governments probably want - of course I'm only speculating. Don't forget, they can look back retrospectively at our financial 'breadcrumbs' and see what we've been up to in the past as well. Do we want that level of privacy invasion?
Anyway, I am sure many here will disagree with my fears.....but I am just opening the door to a possible future,
an Orwellian nightmare such as the New World Order using a cashless society to not only prevent tax evasion but limit the masses ( proletariat) financial prosperity and keeping us from breaking outside of THEIR newly defined 'caste' system. AFter all, if the ELITE already own 90% of the worlds wealth -do you think they want the status quo 'disrupted'? I fear not, they will plan to use this technology to their own advantage and create a 'technocracy'. They have the money, organizational prowess and legal duress to pull it off - just look at the interest of Rothschilds and the like....

http://www.franklintempletonglobal.com/franklintempletonglobal/disruptingmoney?utm_campaign=au-dis-money-18&utm_source=ProfessionalPlanner&utm_medium=banner&utm_content=dis-money-18_en_en_cryptocurencies_text_static&bps=bpspg

Sort:  

Congratulations @youroptions! You have completed some achievement on Steemit and have been rewarded with new badge(s) :

Award for the number of upvotes
Award for the number of upvotes received

Click on the badge to view your Board of Honor.
If you no longer want to receive notifications, reply to this comment with the word STOP

To support your work, I also upvoted your post!

Do not miss the last post from @steemitboard!


Participate in the SteemitBoard World Cup Contest!
Collect World Cup badges and win free SBD
Support the Gold Sponsors of the contest: @good-karma and @lukestokes


Do you like SteemitBoard's project? Then Vote for its witness and get one more award!

Heya Marc,
I think you'd really enjoy some of the deep state type blog posts of https://steemit.com/@aggroed
He started a thing called Steem Monsters, which has kinda taken over his political/crypto posts, but I'm sure he'll do more...
https://steemit.com/qanon/@aggroed/qanon-the-deep-state-shadow-war-continues

Coin Marketplace

STEEM 0.28
TRX 0.12
JST 0.033
BTC 69747.29
ETH 3747.51
USDT 1.00
SBD 3.78