posted on Jan, 28 2011 @ 01:09 PM
Originally posted by KDM_Souljah
This is a gd idea and i hope it happens in the uk,my reason is because you'd kill so many ilegal wrongs in our society and i could name a few.
1.Drug cartels,dealers,users would find it very hard to do anything because pysical money cant be used to sell or buy drugs
2.Money launderying would be non existant because cash cannot be used,therefore cannot be laundered through buisness's for ilegal gains.
3.What about ilegals sending cash out yout country and living in your country using cash,they'd be screwed too and employer would be help to account
4.ohh and we have terrorists that would be totaly screwed and would be deeply hampered without cash.
5.also this would hamper gun trafficers and cut down on ilegal weapons in your country.
The list is endless about what good things could come about this.
Take the tinfoil hat off for a few minutes and see the good in life for god sake,yes there are issue's with this system as there are with every
system but give it 10-20 yrs and you will wonder why we didnt have such a system sooner,think off the real losers in this going forward,it wont be joe
The only thing i do worry about with this system is abuse and it being badly thought out and implemented
Point for point:
1) What makes you think cash is the only way cartels get drugs around? Also what makes you think its the individual drug dealer that makes these
transactions? These are people who can launder monies to make it look like the purchase is for something other than what it actually is - a drug
transaction. Plus, you can trump accounts to cheat people into believing they are getting their money only to later be fined by banks because the true
amount was unverifiable. Sorry but you just opened up a new business for the criminal, not saved the taxpayer a darn thing.
2) Money laundering is not washing dirty money. You can disguise more transactions electronically than you can with currency deposits - WHICH ARE
TRACEABLE! Guess you don't know what R.I.C.O. Act is huh? I know, our country has tons of laws.
is just one of them.
3) Anyone will still be able to send monies anywhere at any time. Heard of Western Union? They take credit cards too. Just because a transaction
becomes electronic doesn't mean its foolproof. Quite the contrary - it will be easier to steal electronic funding information once its all out there
in virtual world where it can be replicated over and over again, hour upon hour. Anyone that's a victim of Identity theft knows exactly the pain I
just mentioned. Wait til you have to pay for something someone else stole, over and over again. Oh and no one that participates in identity theft
stole cash right?
4) Last time I checked, the 911 terrorist were paid electronically. Not with cash. Didn't hamper them did it? (Sorry, to those who don't buy the
OS/I don't either, but I had to go there.)
5) You obviously know nothing of gun trafficing in the US. It has it's own laundry system. First, the criminal doesn't do his trading at the local
Walmart. He goes to other criminals! They sell usage to the weapon, the criminal uses it, returns it and goes about his merry way while the gun goes
on to its next criminal activity. They can pay each other in favors and drugs, they don't need your cash.
This just goes to show how ignorant the average person is about the world in which they live in. You base changing our laws to reflect beliefs that
are far left in fantasy land. The reality is just the opposite. You ban something, the demand goes up and someone gets rich. Its never changed. All
you have to do is substitute the word guns and cash with alcohol prohibition. Same deal different day and in the long run prohibition lost!