Watch Out!
The end of money-as-we-know-it has another three years of hobbling to reach it’s death throes so don’t count on economic collapse to usher in a new, better system any day soon. There’s no doubt it’ll be cashless but a guarantee of full participation demands the micro-chipping every living, breathing soul on earth.
From Bumfuk, Egypt to Kalamazoo, Michigan, anybody who wants to eat in the near future will take their ration chip or die if the world’s bankers have a say in the matter. The entire economic edifice is built upon the premise that a few at the top and many at the bottom of life’s circumstances was the way it was always meant to be, endgame demands a winnings consolidation, pronto!
Prepare yourself now, plant some Moringa trees, take up a hobby while they grow!
Love it…but can’t believe you missed out the obvious comparison with ‘Bugsy Malone’. Now those ’20s style pedal cars had real class!
On a serious (bank)note…as a medium electronic ‘credits’ have their own certain charm and attraction – well at least the magnetic strips do. State Benefits in the UK and Welfare Payments in the US are already effectively electronic credits right alongside Salaries – electronic credit transfers go into recipient accounts at one end and come out as debit card payments at the other in a lot of cases.
Extending the system to cover taxation or similar deductions is not that big a jump – and would be possible using the existing system, they would just be another form of direct debit.
Electronic ‘credit’ type currencies have been a staple of Science Fiction since the Golden Age – with proper education and safeguards there isn’t really any reason why such a global currency couldn’t be established, apart of course for the accompanying loss of individual State control..no bad thing in itself.
By: Becky Bbear on August 31, 2012
at 5:21 pm
Question: Now – tell me why such a system would fail at the onset?
Answer: Because of the differing values attached to producing goods at point A and transporting them to point B, where they were needed.
Unless infrastructure/production/distribution costs can be ‘standardised’ globally, a global currency of any sort is impossible.
Whatever the medium and whatever the method, a true global currency requires both major social and perceptual change across all social/cultural boundaries – I think I’ve said it before, we have quite a way to go to reach Nirvana people.
PS: For anyone who followed my comments on Moringa, I got some seeds and my first crop is well on it’s way <3
By: Becky Bbear on August 31, 2012
at 5:34 pm