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Tom Riach
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Tom Riach   My Press Releases

Crypto Currency Freedom Myth

Published on 12/18/2017
For additional information  Click Here


"Crypto Currency Freedom Myth”  is the 1st in my 2018 series of 'Winter Warmers' original copyright press releases sent from my happy home in the sunny south of Portugal


Many people are of the view that crypto currencies are the latest answer to escaping from governments and the state run central banks of most countries around the world. If only ...

I had been invited to meet with a government treasury department junior official over a lobster and champagne lunch at London's famous Savoy Hotel restaurant. His brief was to elicit my independent views regarding crypto currencies and how governments and central banks might best get both involved and take control. He suggested that I prepare a review and report back to him in three months time. A hefty fee was mentioned.

But I quickly informed him that neither the time nor the report would be necessary and, drawing his white table napkin to me, I took my pen and started to scribble on it. This is what I wrote -

  1. Government sets up their own crypto currency, let's call it BitDollars.

  2. Government pays all public officials, employees, contractors and others only in BitDollars.

  3. Government collects all taxes and inward payments of all kinds only in BitDollars.

  4. Government outlaws/blacklists all other crypto currencies in much the same way as offshore tax havens are treated.

  5. Government recruits/employs the finest blockchain technology specialists to evaluate all angles, progress suggestions, develope future technologies, monitor activity and police the system.

  6. This is my fee … I wrote a four digit number. Followed of course by - 'Cash only!'

    Job done, I drained my champagne cocktail and left for the tranquility and calm of my happy home in the sunny south of Portugal. The treasury department striped suit paid the lunch bill.

    Conclusion : The fact is that governments/central banks may or may not choose to go crypto currency, they'll win either way. Crypto currency transactions are easily tracked and the people – you - who make them; crypto currency simply extends their fiat system from tangible to digital thus making it easier to take people's money. So crypto currencies extend the concept of the cashless society which 'the powers that be' want you to buy into so that they can control every aspect of you, your life and finances. It is, and increasingly will be, harshly controlled.

I am Tom Riach. I live and write in the sunny south of Portugal.


For many years I have run my WAKE UP LEISURE AND LEARNING BREAKS (click on) where I talk of successful living and of creating both material and inner wealth. Or send for any of my best-selling Amazon books - MASTERING THE ART OF MAKING MONEYSELF-IMPROVEMENT SHOULD BE FUN! - THE SIMPLEST SALES STRATEGY - they are packed with my secrets of successful living and with wit and wisdom sure to get you thinking about how you manage your life. Available in Paperback and Kindle. Click the image below.

.. and see what my readers say HERE! (click on)

CRYPTO CURRENCY FREEDOM MYTH is an original copyright Tom Riach press release, short and to the point. I hope you enjoyed reading it and found it informative and/or entertaining. To learn more or to get in touch with me please visit me on my website at WAKE UP 2 WEALTH.

See you there! Regards, Tom.


© Copyright Joseph T.Riach 1998-2018. All rights reserved.

Your input is appreciated so please comment on ”Crypto Currency Freedom Myth”


It took me some years to establish myself in business but I believe that in life only the most resolute of tryers will prevail and after several years of a bank account in a permanent state of cardiac arrest my perseverance began to pay!

I became a successful Business Consultant, Investment Adviser and award-winning Salesperson and Marketing Professional and I coined the term 'Creative Solutions' to describe my work in devising and implementing innovative approaches to situations in business, commerce and industry (some call it trouble-shooting). From my successes I grew my own group of small companies.

Today I host my 'Wake Up Leisure and Learning Breaks', personal mentoring and business guidance, in the tranquility and calm of the sunny south of Portugal and I am the author of several books on the subject of successful living.

CONTACT ME - I'll be thrilled to hear from you!

The life of which you dream is HERE within your grasp!

© Copyright Joseph T.Riach 1998-2018. All rights reserved.


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