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2010-08-13 15:08:10 Money and integrity

I just read an article about Swebus no longer accepting cash as payment on the buses. They want to reduce the risk of robberies. This is a good idea, in my opinion, why have cash at all? Why not be the first country in the world to abolish cash and just go for 100 percent virtual money?

Then I realised that cash, today, is the only way to buy something without the government or corporations knowing who is buying what. It is an integrity thing. If I want to buy something embarrassing, I can do that with cash and no one can trace the purchase to me. With only credit and debit cards, however, there is always a link between me as a person and the things I buy.

So in order to make this transition, we need first to assure that personal integrity holds. Something that is usually not done. So, for example, it should not be possible for anyone, state, government or corporation to deal with or read bank or credit card statements without probable cause. This means that someone (like a judge or similar) must make a decision whether the likelyhood of a crime being committed is great enough that a warrant for this information is, as it were, warranted.

This would, of course, be at odds with the new policy where the EU shares freely all bank information with the US. Something that I find distasteful to say the least. In my opinion, the decision to work with the US in this manner shows the incredible pallor of european politicians. They are completely unable to stand up to the americans in something like this.

Then again, my stance regarding the US right now is that they should be isolated. They're behaving very paranoid and unreasonable. It is time to shut them off. We have more than enough nuclear weapons here to deterr any attack from them so, let's not deal with them again until they are a democracy again. Because they are not one right now.

What scares me most is that we're heading that same route.

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