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Is Making Paper Money Obsolete a Good Thing?

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  I just looked at my currency and found the promise that " This note is good for all debts public and private". To me it's a no brainer. With no standard of freely circulating paper currency, the ability to make a personal transaction with a fellow citizen in private will be gone. It worries me to see so many people ready to do away with their power to make a private transaction. Do you really trust banks and government that much? Not to mention computers? OK, just to humor myself for a minute I'm going to speculate on how this might work.

      I get up in the morning, I wish to see some news on my cable TV. So I immediately swipe my card through the waiting slot and miraculously the TV comes on and the prompter thanks me and the digital meter starts ticking.
I want some coffee so I go to the sink and swipe the card and the light flashes and a countdown begins telling me just when the water will come through the faucet. You see it all works this way because the first thing the corporates noticed right after the Currency Abolishment Act (CAA) was that unless you were made to swipe your card in advance sometimes people just forgot. Well anyway I run the card through the slot, get on the bus and finally I'm at work.

     Once in my office my friend comes and informs me that he won our bet on the Football game last night. And he wants his "credits". I suppose we won't call them dollars anymore, so he pulls out is personal slot, and clicks a few buttons and then I run my card through his palm payer and then he runs his card through mine. Just then a lights start blinking on both our palm payers demanding more information on the exchange that just took place. We stare at each other a moment and then decide to tell our palm payers that what we just did was for our favorite charity. Palm payers both start blinking faster and then demanding to know which charity as there is no record of any credits moving to any charity at this moment. Then at a loss, we pause and both palm payers announce that our credits are frozen and that we must both report to the "Citizens Revenue Checks and Balances"(CRCB) for a Complete Audit and Routine Good citizenship Inventory and Re Enforcement (CARGCIRE)

      So here's the problem. With our cards frozen we can't ride the bus or credit some other conveyance for our trip to the CRCB. So we walk. Hungry and thirsty and now all out of Liberty Permissions(LP) because our benevolent corporate office, having been immediately notified of our palm payer anomalies, has terminated our Corporate Compliant Status(CCS) relationship until cleared or disciplined by the CRCB. This story ends badly for the two of us. We get to the CRCB late and are then considered Enemy Combatants in the "War on Immorality" with 3 strikes. My friend and I are never heard from again.

      Was this over the top? Let me guess, you're laughing at my story and saying it can't happen. You might even be saying that I just made this up. Well my friends, the right to privacy is the lynch pin on which all meaningful freedoms hinge. And in the grown up world where finances are a 24/7 fact of life, the Right and expectation of privacy should not be taken so lightly or surrendered so easily.

     So will paper money become obsolete? Paper money becoming obsolete will only help pave the way to the obsolescence of all your other freedoms. Freedoms disappear as one by one your privacies are eroded, Government's power of oversight is enhanced and your compliance is ratcheted up. Soon you'll find yourself existing in a watchful Authoritarian State and wondering how just how things got this way? Well, it will have been Step by tiny little step that you never fully understood you were taking and then you look back and realize that now, it's too late.

 

http://blog.myspace.com/hosshoss777

I am a simple man of eclectic interests and tastes with no particular academic credentials. I still perceive, think, read and write somewhat. Writing music is a hobby of mine

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 Better to make all money obsolete. The whole... by amazin on Tuesday, Jun 12, 2007 at 12:18:46 PM
Money's a game. What's preached in consume... by "Hoss" David P. on Tuesday, Jun 12, 2007 at 12:40:45 PM
and has been for some time. Most important financ... by Daniel Geery on Tuesday, Jun 12, 2007 at 1:07:27 PM
Cash money is mainly for the poor people and peopl... by "Hoss" David P. on Tuesday, Jun 12, 2007 at 1:46:32 PM
A good web site is http://appropriate-economics.or... by Bleeding Heart Liberal on Tuesday, Jun 12, 2007 at 9:42:44 PM
I for one, am appalled by the responses, above. Ho... by PLR on Tuesday, Jun 26, 2007 at 3:09:03 PM