American Government’s War on Cash

Jun 16, 2017

Republicans and Democrats introduced legislation which extends the authority of the government to seize American’s assets through Civil Asset Forfeiture. Government agents would create a “border protection strategy to interdict and detect prepaid access devices, digital currencies, or other similar instruments, at border crossings and other ports of entry for the United States.” Companies would have to monitor the size of activity on prepaid credit cards, prepaid phones, prepaid retail gift cards and prepaid coupons. This has nothing to do with fighting terrorism. It is a war against the freedom to use cash.