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Peter Kopa, 9.9.2020
In the latest years the left-wing thinkers are demanding the abolition of money and even the liquidation of the official institutions that cradle and print it, under the pretext of better fighting crime and tax evasion. And the first concretions of this process are already appearing: some states have stopped issuing 500 Euro bills. Another similar measure is the limitation of cash payments to a maximum amount. And all this is in open opposition to the current laws, which declare physical money as a legal means of exchange, without limitations. On the other hand, in a matter of such importance, the State has not consulted the citizenry or parliament in the proper manner.
The dangers of abolishing physical money
In the first place, it is not true that cash favors crime, but quite the opposite: it is precisely virtual money that can not only facilitate crime more, but at the same time the state and the financial institutions would have the doors open to create money out of nothing, as is now the case when a central bank (the FED and the ECB) simply prints billions without the old gold cover, which was cancelled in the USA in the 70s of the last century and then imposed all over the world.
Moreover, the total transparency of the citizen’s money would make him an easy prey to the manipulations that only digital money would allow: through G5 technology the State or an interest group could spy on every consumption, travel, purchase, etc. of the citizen. This information, for example, could be of interest to the business of insurance companies as they could easily see the profile of habits: thus, obese people would have to pay a higher premium, or the level of default could prevent access to bank credit, or a history of illness could make it difficult to find work, etc. And so an important part of the individual’s legitimate privacy would be nullified.
Predictable reactions against digital money
In Roman law, which is at the basis of the law, it is said that ownership of something can be acquired by an exchange in the following variants:
Do ut des -I give because you give; Do ut facias-I do for you to do; Facias ut des-I do for you to give; Facia ut facias-I do for you do.
Therefore, barter could flourish without the mediation of money, which would mean going back to the times when there was no physical money yet, as in the early days of the Roman Empire, when instead of money, the ˇpecus´ or sheep was given. Later, pieces of silver were cradled with the image of Caesar, which on more than one occasion were lightened in weight, without changing their nominal value: that is, the ‘money mass’ has been ‘inflated´, to what we call today inflation. This is the way in which the King or the State has partly financed the wars, at the expense of the citizen, who was falling into misery.
Today, many economic experts are calling for a return to cover the physical money in gold or silver, precisely so that the State and the banks cannot manipulate it at the expense of the citizen. The stability of monetary value is one of the essential conditions for the flourishing of the free economy, as the only alternative for a nation that wants to be truly free.
Who supports virtual money?
The same organizations, companies and institutions that support the Deep State: the ‘mainstream-media’, the United Nations and its dependent organizations such as the WHO, Bill Gates, Soros, Hollywood and most of its artists, the European Union and all those who support the UN Agenda 21, agreed in 2001 in Rio de Janeiro. They also support the implementation of the G5, whose technology will allow people to be totally transparent – as is already the case in China – in the sense of a new Orwellian world. This powerful group, although a minority, has in its hands a certain power of global economic and political control. It also supports globalization, the depopulation of the earth, forced vaccination without state control, abortion, genederism and gay marriage.
