Israel Plans Its Own Digital Currency
According to TrueNews.com https://www.trunews.com/article/israel-plans-its-own-digital-currency Israel is now planing to release its own digital currency. Other countries including Venezuela have announced similar plans. The primary motivation for this movement is of course to prevent tax fraud. Venezuela where you cannot even buy toilet paper due to socialist programs that have failed miserably, not to mention acute government corruption is expecting its citizens to trust them!
But the sad reality is, this movement by governments is just getting started. Central banks and governments of ALL countries WILL adopt some form of blockchain currency, they simply have no choice. The "Official" currency of each country will eventually be the only legal means for commerce. We will not be allowed to transact in other currencies "legally". Cash will be banned.
Payrolls, loans, rents, banking accounts EVERYTHING will eventually be required to transact and/or be held in the official blockchain currency, where the government will be able to track EVERY transaction and quickly remove you of your assets if you violate the rules.
As this trend progresses, countries will join forces to create a world dominate block chain currency. These final currencies will be the only means to legally buy and sell on a international basis.
No, I'm not a fortune teller, but it is pretty obvious what is happening and even more so, everything I have eluded to is clearly defined in the book of Revelation. (Yes the Bible).
How long down the road is this final group of currencies? My guess we are still many years away. So, for now enjoy the ramp up of the crpto space, as your government WILL outlaw all but the official coin. Along with the ability of being able to trade the "Official" coins, you will be required to pledge certain new allegiances to this movement.
Sounds a bit over the top conspiracy theory rolled up together with big brother gone awry; but Just remember, you have been warned!
Will they be successful? Yes, but there will always be a black market and dark internet. Each person will be forced to make a decision when the time comes.
Be wise and invest for the future.
Craig
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interesting