zerohedge.com / Via Capt. William E Simpson of WesternJournalism.com / Mar 3, 2017
Like many people, I am a careful person when it comes to digital commerce, yet nonetheless I had two of my credit cards hacked (twice in the last four years) — one time by a supposedly reliable online retail company, another time when I rented a trailer. And both times, it required an incredible amount of time, police reports, phone calls, etc., just to get back to square one and get my money back.
But my experience was not unusual. Nearly 18 million Americans suffered from some form of identity theft in 2014 alone.
Digital commerce and credit cards are very problematic and are not the panacea that companies and the government want the public to believe.
Looking to a future in which governments abolish cash in useful denominations, it follows that they will then focus on eliminating personal and commercial commerce through the use of compact high-value commodities such as gold and silver, a natural progression if $100 bills are taken out of circulation in the United States.
Read more ... source: The Bitcoin Channel
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