The Daily Reckoning Australia
 
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Dear Reader,

The Australian government is preparing to trial a new digital currency across Australia, one that The Economist says:

Could become panopticons for the state to control citizens: think of instant e-fines for bad behaviour.

A panopticon, if you’ve never heard the term, is a kind of prison designed to guarantee good behaviour.

It involves a central tower in the centre of a circle of cells. Anyone in the tower can see in every cell. But the prisoners can never know if they’re being watched or not.

It’s half surveillance, half torture.

And if the work the RBA is doing to trial its new currency succeeds…there is the potential for us to all be trapped in a panopticon, as money itself could become a tool for surveillance and control.

I don’t know what’s more troubling…

The fact the government is working on such an authoritarian scheme…

Or the fact The Economist openly and confidently compared this new form of money to a PRISON.

They’re not even hiding it.

If that worries you too then there’s something you need to see.

Editorial Director Greg Canavan just recorded a briefing on this new digital currency explaining exactly what the risks to you and your money could be.

Not only that, he shared four things you can do to prepare.

>>It’s all right here — just tap on this link now.<<

Best,

James Woodburn Signature

James Woodburn,
Publisher, Fat Tail Investment Research

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