“Confiscation all comes down to this: the government makes the rules, changes the rules, and enforces the rules. Though it lacks the moral right, it can create legal authority.Though it lacks the constitutional empowerment, it can turn a blind eye to the Constitution…The Constitution did not stop the government from taking people’s gold in 1933.”Some historical context: The Eurodollar SystemThe Eurodollar system emerged as a workaround to the limitations of the Bretton Woods monetary system e...

Fintech firms like the German digital bank N26 will present themselves as innovators serving this transition, but also as efficiency-mong...

Fintech firms leverage these misunderstandings to promote the idea that cash is a burden on society, while disregarding its role as an essential component of a well-balanced monetary system.