The downfall of paper and coin [Part one]

in #fiction7 years ago

It's been years, decades since we all fell.
A prosperous society fell like shattered glass when humanity fell apart, it all started with the money. Inflation, low interest and greedy corporate banks pulling the strings on the worlds economy.
Stealing from the poor while giving back to the rich, those who already had more than enough but, blinded by greed they all wanted more.

Things were easier when we had paper and coins as currency, a physical object. A value set by the state and the market.
They wanted to improve it, make it better they said. Make transactions cost less and be much faster. The consumer would have to pay less and get more, we believed them.
That was our downfall.

The E-crown was the name they marketed and pushed out. A electronic currency.
Digital money.
Many of us had heard of the technology and even used such technology in the past, but this. This was the currency that the world pushed upon us. Only months after banning the usage of Bitcoin and other non-government official currency, the users of those were fined and even put in jail for money laundering, tax evasion and fraud.

This new coin was going to be a savior with promises of no inflation, no strings pulled by big banks or corporations and the end of economic corruption since every transaction was transparent.
There were warnings of course, but as always only a few listened. The warnings that came from educated crypto-currency users was never picked up by the main stream media and only printed in what others called "fictional sources" "corrupted papers working on their own agenda for their own gain".

After a hard marketing campaign that went over six months, the news came.
They wanted to remove physical money, paper and coins.
They wanted to go all in with these digitized coins, this was going to be our official currency.

They set a time limit, you had 3 months to exchange your physical currency and receive E-Crown's in return.

This was the start of a new era, and what a era it was going to be.

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