Comment: Yes, at the time the writer below laughed at such a proposition. Yet so called "conspiracy theorists" had been saying this for many years and drawing the public's attention to many other "theories" which have since proven to be fact.
The idea that the Elite have been wanting to phase out paper money has been around for decades. Each phase of that wish has been documented and analysed. Now here we are. These article are simply regurgitating what has been said a thousand times before by those paying far greater attention. However, new generations need new eyes to see before they become glazed over by the technocratic dream of mass apathy and intellectual servitude.
Since the meme of a cashless society is now being pushed very hard which means the economic meltdown is likely very soon indeed. Say, next April 2015?
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The Atlantic
While investigating Bitcoin, Antonis Polemitis once poked fun at coverage of the currency by imagining how the media would react to the introduction of cash. He titled his parody, "Bizarre Shadowy Paper-Based Payment System Being Rolled Out Worldwide." Cash has been dubbed "bills" among "the shadowy community of anti-banking libertarians who have been the primary users of cash to date," the article explains, and "though hard to imagine, cash operates with no consumer protection at all. If your ‘bills’ are stolen or lost, they are gone forever."
A later section of the article is titled, "Perfect for Criminals":
At the time, I laughed.
Read more
The idea that the Elite have been wanting to phase out paper money has been around for decades. Each phase of that wish has been documented and analysed. Now here we are. These article are simply regurgitating what has been said a thousand times before by those paying far greater attention. However, new generations need new eyes to see before they become glazed over by the technocratic dream of mass apathy and intellectual servitude.
Since the meme of a cashless society is now being pushed very hard which means the economic meltdown is likely very soon indeed. Say, next April 2015?
----------------------------------
The Atlantic
While investigating Bitcoin, Antonis Polemitis once poked fun at coverage of the currency by imagining how the media would react to the introduction of cash. He titled his parody, "Bizarre Shadowy Paper-Based Payment System Being Rolled Out Worldwide." Cash has been dubbed "bills" among "the shadowy community of anti-banking libertarians who have been the primary users of cash to date," the article explains, and "though hard to imagine, cash operates with no consumer protection at all. If your ‘bills’ are stolen or lost, they are gone forever."
A later section of the article is titled, "Perfect for Criminals":
The launch of cash has provoked a reaction from law-enforcement agencies worldwide that universally condemned the development. “Cash is a 100% anonymous and untraceable payments technology. It is like a weapon of mass destruction launched against law enforcement,” said Mike Smith, the recently confirmed FBI Director. “It is the perfect payment mechanism for criminals, drug cartels, terrorists, prostitution rings and money launderers. We don’t know how we will be able to combat such a technology and fully expect that a new generation of super-criminals will emerge, working in the shadows of a world where they can conduct their illicit affairs without leaving a trace.”The Banking Superintendent of New York State is quoted too: "I can’t think of any reason that a law-abiding individual would want to use cash," he declared. "At a bare minimum, we believe there should be a licensing procedure for individuals or businesses that plan to use cash, a ‘Cash-License’ as it were. This license will limit ‘cash’ to trust-worthy individuals who keep detailed auditable records of all their cash transactions in order to keep New York safe from criminals.”
At the time, I laughed.
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