David Morgan: Government-Backed Digital Currency

Broadcast Running Time: 27:40

The idea of eliminating cash and going to an all-digital currency may make some people nervous – especially if the digital currency is backed by the government – but what does it really mean?  Joining us today is David Morgan (themorganreport.com), silver expert and author of the Morgan Report.  He and John discuss the possibility that government, should they take the reins of a digital currency, would be able to track every transaction you make.  They also look at how Bitcoin works, how the ‘powers that be’ would have to interfere if Bitcoin became too powerful, and what could happen with inflation and our massive debt.

Share this post:
Login and listen now with your Premium membership!

Not a current Premium member? Subscribe or upgrade to listen to this show and access the Members-Only podcast on all your devices. Get more with your Premium membership: Access the Premium Daily podcast and over a thousand other full-length episodes spanning two decades, as well as enter the Veritas Lounge for videos, downloads and more!

Follow us on Twitter @steelonsteelpro as well as the Steel on Steel Facebook page and remember to join our dedicated Facebook group Praying for Persecuted Christians for the latest information concerning persecuted Christians around the world. Don’t forget to stop by our YouTube channel as well for our latest videos.