Paper money is dirty. It’s filled with germs and could be carrying Covid-19. It’s transferred all over the world so could spread disease from country to country. Also the only people who use cash anymore are drug dealers and the criminals involved in sex trade and human trafficking.
Conclusion; We need a cashless society! We need a system that requires a special mark, issued by the government, to access that system if we want to buy or sell anything.
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The end of paper money and its replacement with government-sponsored cryptocurrency will put unlimited power at the fingertips of government leaders. Not only does cryptocurrency offer a way to permanently record every financial transaction, but it will also be able to track where you go and what you do. It will track the websites you visit and make note of who your friends are. While most of this information is already available through tracking of credit and debit cards, mobile phones, and social media profiles, a state-sponsored cryptocurrency will provide unfettered access to this information. It will create a closed, government-controlled economic system where you’ll be dependent on the government’s cryptocurrency to pay for all your needs.
If the government decides they don’t like you, they can turn off your access and freeze you out of the banking system. They’ll be able to decide what you can and can’t buy. They’ll be able to tell you where you can and can’t go. In essence, they’ll have complete control over your life. And while I’d like to think we can take measures to avoid it, the rise of government-sponsored cryptocurrency is inevitable.
Coming Soon… The End of Paper Money
The coronavirus will accelerate the adoption of state-sponsored cryptocurrencies and the elimination of paper currency. For instance, earlier we mentioned passage of the CARES Act and the weeks-long delay in processing stimulus payments. Advocates for a national cryptocurrency say the payment process could have been faster if every citizen had a “digital wallet” and the government could simply deposit the cryptocurrency with the push of a button. In the aftermath of the coronavirus, they’ll push for such a system.
Think most people will oppose it? Think again. Adoption of such a system will be quick and easy. The government will simply launch a campaign to “claim your digital wallet.” To incentivize people to do so, they’ll provide an initial deposit of $10,000 (or $20,000, $30,000, or whatever amount it takes to get people to take action). Once everyone is onboard, they’ll eliminate paper currency and other options for payment of goods and services. The result will be a government-sponsored cryptocurrency-only economic system. One the government controls from top to bottom.
https://www.raptureready.com/2020/05/21/cryptocurrency-and-the-coming-global-tyranny-by-britt-gillette/