Give me a break. Think about it rationally. Given our ability to communicate instantaneously, this system could not be more natural and in greatest harmony with the natural order of the universe. Any argument against it presupposes that some subset of society is somehow inherently better at determining the actual value of our currency than the collective.So you think the collective will actually play a large part in determining the value of this new electronic currency? How can you honestly believe that when it's supposedly coming from a shadowy group of individuals in high places? That's exactly how some of the worlds most devious banking schemes were devised.
Conspiracy theorists have been talking about a NWO and their global currency for years now. Of course we are going to exhibit a 'reflex response'. Anyone who trusts this without question is absolutely naive. They want to implement this new global electronic currency because it will mean no one can work outside of the system. Every single dollar will be accounted for. Unlike cash transactions, it will be impossible to do trade out of the Governments view.
As I have stated, there is already an electronic currency which avoids these problems. Bitcoin uses a P2P network to facilitate peer-to-peer transactions without any type of middle man or banking institution. This is why some people call it "digital cash". The need for these middlemen is eliminated because trust is placed in the cryptography on which the system operates. If the cryptography in bitcoin is broken the entire internet will be broken.
Although all bitcoin transactions are logged in the block chain, it's hard to know who owns an address. Especially when it's possible to generate a new bitcoin address when ever you want (within seconds and offline). Using certain methods to hide your online identity can also make it virtually impossible to find out who owns a bitcoin address. Your anonymity really depends on how much trouble you go to.
Most importantly, there is no central bank that can control the issuance of bitcoins. Anyone can "mine" new bitcoins by dedicating the computing power to solving complex tasks which help create the new bitcoins. The total number of bitcoins is also limited, so that bitcoins will hold their value similar to the way gold does, it wont be open to continuous inflation like other currencies.
So answer this. Why don't they just use bitcoin if they want a new global electronic currency? Because they want something that they can control and manipulate when they need to. They want something that wont facilitate 'under the table' trade. They want something that gives them absolute power, and will pave the way for a NWO controlled by the same group of douches proposing this new banking system.
edit on 3-1-2012 by ChaoticOrder
because: (no reason given)
