At the end of October, I did a guest post over at Starr O’Hara’s “Dispatches from Dystopia” (which I recommend subscribing to, if you haven’t already.) You can read the whole thing here, and I’m posting an exerpt below:
Earlier this year, we watched as truckers protesting the dictatorial rule of Canada's Premier Justin Trudeau had their bank accounts frozen as thanks for their activism. Then, in October, PayPal announced that it was going to start seizing cash from customers’ accounts (to the tune of $2,500 a pop) whenever it deemed that they had violated its new policies on "misinformation.” (PayPal later said that this policy statement had been a "mistake".)
Both episodes were wake-up calls for anyone still laboring under the delusion that governments and their cronies won't try to control us by controlling our access to our own money.
But what to do about it? Sure, crypto enthusiasts and sound-money folks have been warning of this kind of thing for ages. But do we already have in place easily usable alternatives that we can trust? The short answer is: Not entirely. The longer answer is: But we're getting closer!
Of course the crypto world keeps chugging along, bringing more (and hopefully better) attempts at ease of use. There are also some alternatives for moving and processingfiat money that are worth mentioning…
Read the rest here.
Great article. Thanks
👍🏻