Clive Thompson: 1979’s Impactful Events – Police State, Digital Currency, SEC’s Crypto Crackdown, and Bank Rescues

by | Sep 27, 2023 | Bank Failures | 1 comment

Clive Thompson: 1979’s Impactful Events – Police State, Digital Currency, SEC’s Crypto Crackdown, and Bank Rescues




Your freedom and liberty are under threat. The central bank digital currency is slowly making its way into our society. Other countries are already embracing it and willingly surrendering their rights- all in the name of ‘protection.’ Is the US next?

So what are we to do? How are we to respond when our money will soon be digitized? Navigate through treacherous waters as Jason and Clive continue their discussion about the implications and ramifications of having a digital wallet as part of our society and how you can protect yourself from the impending darkness that is the digital dollar.

Key Takeaways:

Jason’s editorial

1:22 The elites increasing control over the population

2:05 The pyramid of the hierarchy of money

5:37 SEC goes after Coinbase

10:07 Banks are still drawing on the FED for $164 Billion of emergency cash

11:45 Join the Empowered Mentoring Program Zoom Meeting TODAY.

13:40 Go to for the 100% Financing Zoom meeting

Clive Thompson interview

15:38 Keeping the Reset a secret as the world follows suit

17:05 The digital wallet would make it just so easy

22:17 Exceptions and different rules for the elite class

23:24 The speed to which it comes and the countries that go first

25:44 Engineering a crisis to usher in the CBDC

30:03 Strange bedfellows: FED tolerance and government bailouts

33:06 Two Huge FED problems- a HUGE asset that does not exist

36:01 How this all plays out

38:16 THE Action plan: invest in things that have intrinsic value

41:28 Cost of insuring against US default

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1979: Police State, Digitizing The Dollar, SEC Attacks Crypto, Bank Bailouts, Clive Thompson

The year 1979 marked a time of significant events and developments. From political tension to technological advancements, the year had a lasting impact on various aspects of society. It saw the rise of a police state, discussions surrounding the digitization of currency, regulatory crackdown on cryptocurrencies by the SEC, and controversial bank bailouts. Additionally, the renowned journalist and technology writer Clive Thompson emerged as a prominent figure during this period.

One of the notable events of 1979 was the establishment of a police state in certain countries around the world. Iran, for instance, witnessed the Iranian Revolution, leading to the establishment of an Islamic Republic under Ayatollah Khomeini’s leadership. This marked a significant shift in political power and saw the implementation of strict regulations and surveillance, affecting the lives of millions of Iranians.

Amidst these political developments, the discussions surrounding the digitization of currency began to gain traction. The idea of using electronic payments and reducing reliance on physical cash started to emerge. While the concept faced skepticism and concerns about privacy and security, it planted the seeds for future developments in the digital economy.

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Parallel to these discussions, the SEC (U.S. Securities and Exchange Commission) began to take a closer look at cryptocurrencies. The 1970s saw the emergence of various alternative currencies, including Bitcoin, which propelled the concept of decentralized digital assets to the forefront. However, the SEC expressed concerns about potential fraud and illegal activities associated with cryptocurrencies, leading to increased scrutiny and regulatory actions.

The financial sector also faced significant challenges during 1979. The era was marked by bank bailouts as several financial institutions faced insolvency. Governments worldwide stepped in to rescue these banks to prevent widespread financial instability. However, these bailouts sparked controversy, as public funds were used to rescue private entities, leading to debates and criticisms surrounding government intervention in the economy.

In the midst of these events, Clive Thompson emerged as a well-known journalist and technology writer. Thompson has been recognized for his insightful coverage of technological advancements and their impact on society. Known for his thought-provoking articles and books, he has explored topics such as the internet’s influence on human behavior and the reshaping of communication through digital platforms.

Through his work, Thompson has shed light on the evolving relationship between technology and society, analyzing both the positive and negative consequences of digital innovations.

In conclusion, the year 1979 witnessed a combination of political tension, technological advancements, and financial upheaval. From the establishment of police states to discussions surrounding digital currency, this era laid the groundwork for significant transformations in various sectors. Simultaneously, renowned journalist Clive Thompson began to shape the narrative around technology’s influence on society, contributing significant insights that continue to resonate in today’s digital age.

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1 Comment

  1. Ivan Chernenko

    Outstanding interview

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