Headline: Epoch Times, 23 Feb 2023 | The Fastest-Growing Crime in America
Excerpt: “The United States is awash in crime. Rather staggeringly, as I have shown elsewhere, 11 of the world’s 50 most dangerous cities are now in the United States. Of all the various crimes plaguing the country, identity theft is the fastest-growing form of criminal activity.”
The genesis of the internet is generally dated January 1, 1983. But, this is not a study of the creation and the growth of the utilization of the internet. Instead, the focus is how internet criminality wreaks havoc on all finances, private, public, and governmental.
Is there anything you cannot purchase through the internet? You can pay bills, contribute to worthy causes, participate in webinars, view far away places, enjoy music from all over the world, and communicate somewhat privately with people on every continent. For instance, early this morning, I sent a greeting to a friend in Russia. It’s her birthday!
The Tor browser claims to be able to guard your browsing and communications from the prying keyboards of third parties. Likewise, virtual private networks (VPN). Can Tor truly preserve anonymity? Read TOR Anonymity: Things Not To Do While Using TOR Browser for an answer.
President Biden began pushing for a central bank digital currency (CBDC) on 9 March 2022 with Executive Order 14067. The executive order is unconstitutional, as per Article I, Section 8, clauses 1 and 5, but will the House of Representatives courageously challenge this sitting president? Only the Congress has constitutional authority over currency. Yes, I expressed my objections and observations to my Congressman Pat Fallon.
A CBDC is advantageous to governments in the support of a fiat currency. The Center for a New American Security stated in a 2021 post, “This CBDC system, which the Chinese government calls Digital Currency/ Electronic Payment (DCEP), will likely enable the Chinese Communist Party (CCP) to strengthen its digital authoritarianism domestically and export its influence and standard-setting abroad. By eliminating some of the previous constraints on government data collection of private citizens’ transactions, DCEP represents a significant risk to the long-held standards of financial privacy upheld in free societies.”
If your government can know everything about your finances, so can cyber criminals and foreign governments.
With a CBDC, who needs an IRS? Why would you need a CPA? The government can tax you at the speed of light.