AUSTRALIA - A measure against “pensioners hoarding the money”
Australia is considering to include NFC-Chips (near field communication) in its $100 bills, as a measure against crime and “pensioners hoarding the money”.
Have you heard about the tracking of U.S. banknotes? There’s a plastic strip embedded in $20 bills that lets the government track them, it is said that they can actually count how much money is in your wallet by sending a signal to a satellite. It's something a bit like it is coming true in Australia.
As in the U.S. $20 bills, the purpose is not to cut down on counterfeiting but to track money (Australia already has the best FIAT currency in the world), but unlike the US-system the Australian system will have some electronics on board. It can send an RFID radio signal to a scanner, and it contains some nonvolatile memory that can record every time it’s scanned.
The research is described in an article in the Wiley journal "Advanced Materials". The article is titled “High-Performance Non-Volatile Organic Ferroelectric Memory on Banknotes".
In 2001, the European Central Bank started working with technology partners to embed radio frequency identification tags into the very fibers of euro banknotes by 2005. The ECB was deeply concerned about counterfeiting and money laundering - although to my personal mind, the ECB is the biggest money counterfeiter ever. The quantitative easing of up to 80 billion EUR per month is nothing more than a strategic destruction of all savings and wealth in the EU. A "tax" you may call it.
Counterfeiting of euro notes has been a problem in Greece and there and in new member countries too. In 2003, Greek authorities were confronted with 2,411 counterfeiting cases and seized 4,776 counterfeit banknotes. Authorities in Poland arrested a gang suspected of putting over a million fake euros into circulation. Money laundering is also an issue of increasing concern, and that was one of the reasons that the higher denominations were considered for tagging (€200 and €500 notes).
When a banknote passes a scanning device, the antenna on the note collects energy and converts it to electric energy to activates the chip. The antenna then provides a communication path between a chip on the banknote and the environment. The chip is a dedicated processor to handle protocols, to carry out data encoding to send and receive data and address memory embedded on the chip. Some information indicates the police force has devices with which they can scan the amount of money that is being transported in a civil vehicle, however one needs fantasy to believe this.
While Chinese tourists are taking physical Australian cash home after visiting Australia because they don’t trust their own banks, elderly Australians are hoarding cash to fool the assets test. Elderly Australians receiving government support are subject to the assets test to determine how much support they receive.
A single home-owner can own up to AUD 253,750.-- ($194,000 USD) in assets and still receive a full pension. Married couples can own more, and their own home is not included in that amount. However, some people have taken to turning their assets into cash and hoarding it themselves. The Australian government has therefore announced in December it would “review” the $100 bill’s existence.
Chipping bills would make cash somewhat like Bitcoin. Since the bills would regularly pass through identifiable gateways like banks, it would be easier to associate their value with a real name. It becomes even easier if that real name is chipped itself.
(Source: http://naturalsociety.com/agenda-21-now-carried-wireless-microchip-birth-control/)
(Source: https://www.diadrastika.com/2012/01/video_09-4.html)
Digital Angel has a wonderful line of products for you, wouldn't you like to take a nice walk to the local authority and get chipped? (https://en.wikipedia.org/wiki/Digital_Angel)
Now that we know what is coming, please show your MAXIMUM RESISTANCE and don't allow anyone to tamper with your fundamental rights. We already have enough people getting chipped and not having any cash with them at all. Your chip is then directly connected to your bank account. Do you want that for yourself?
Mind you, you have been "chipped" in a way since your inception. It seems the logic behind our creation is a type of blockchain. Your DNA is an individual "code" that soon will be documented in the "Civic" blockchain. Technologies revolving around remote DNA scanning are being developed since the early 1990's - Portable instant DNA scanners - Your DNA fingerprint is no longer a secret, but it should be your very own intellectual property. Right?
We ask ourselves where all this is leading to. Wait, one moment. Our governments are seriously considering to legalize all kinds of nonsense including... and... (you said it, not me!)
It's time to legalize freedom.
Your friend, @lucky.digger
great content!
Appreciated.
Great post. Resteemed. Very interesting, and worrying.
Appreciated, thank you.
I'm checking in from the US and this post is certainly thought provoking. Freedoms have been slowly disappearing in this digital age and it seems any bit of personal liberty is quickly exchanged for the convenience of the next iPhone app. Thanks for sharing with us, stay safe!
We need digital tracking in medicine, full documentation of examinations, diagnosis, treatment, follow-up quality control, with full documentation of who did what and when, who is responsible. That will push humanity to the next level with medical knowledge being applied correctly. Unfortunately digitization is mainly used for every possibility to screw people or show people screwing. Here an example of a medical examination:
Those are valid points about digital tracking but what gets confused is where we should draw the blurry line between personal freedom and security. And I love your medical examination, I really need one of those! 😂👍
Further, digitalization helps to process 3-D data, as required to design the latest fashion and... underwear! And shoes. Or just how the holes in pants should look...
