War for cash is not a conspiracy theory. This is an open agenda. It is driven by the convergence of interests between bankers, central banks, politicians and Silicon Valley tycoons who benefit from a fully digital economy.
Last week, Facebook partnered with major banks, payment processors and e-commerce companies to launch a digital currency called Libra. Unlike decentralized, free-floating cryptocurrencies, Libra will be pegged to national fiat currencies, integrated into the financial system, and centrally managed.
Critics warn that Libra is a kind of "spy currency". It is definitely not for those who want to get away from total financial control.
Many of the companies involved in Libra's launch (including Facebook) regularly block users based on their political views. So-called Big Tech companies have kicked dozens of groups and individuals off social platforms for sympathizing with far-right rhetoric. If Libra becomes the predominant mode of online payments one day, then political dissidents could be effectively excluded from any e-commerce.
You can still gain some degree of anonymity by living in a world where you can be offline and pay with paper money. But this will become impossible in the world of cashless payments, to which bankers are so eager to.
Last week, Bank of America CEO Brian Moynihan, speaking at a Fortune conference, boasted of new developments in digital payment systems. He said: "We want a cashless society … we can get more than anyone in net operating costs."
They now "get" from our financial privacy. A cashless society is the latest step towards the collapse of the financial system that began many decades ago with the abandonment of reliable money backed by gold and silver.