On the surface, money seems like a simple thing. With even the slightest scratch, it reveals itself as something much richer.. Dig a little deeper and you will see that money is the current that flows through the circuit of civilization. A civilization’s money determines its future. Dig a bit more and you find out that money and theology are inextricably entwined.
Economists often describe money as a “medium of exchange.” But this, like the standard model of physics, obscures understanding and illuminates very little. At its core, the conscious basis of money is the perception of trust, in fact, based on belief. This is where the temple comes in.
When the Lenape of Manahatta traded the tip of an Island to Dutch settlers in 1626, no money was exchanged. The transaction used barter, and that required nothing in the way of trust.
Just above money, there are recognized commodities, including precious metals, like gold and silver. What distinguishes these from pure barter is that nearly anyone, any third party, will accept recognized commodities as a medium of exchange. But this elevated barter is still not money.
Money has a property of documentation. In Sumeria, small clay tablets with elaborate seals were often used as money. The documented money can then be used to perform future transactions with third-parties, but only if the user and the documents are trusted. The problem with document money is that it makes fraud easier. This is why modern currency is outfitted with elaborate anti-fraud devices and techniques.
Beyond document money, next up is hard money. Hard money is a document, a promissory note that, upon presentment, the holder of the note can exchange it for a certain quantity of metal, say, an ounce of silver. (Many people would be surprised to learn that hard money is the only lawful currency in the US, even though the US has been evading the law since 1971.)
This secondary quality of money is called convertibility. Convertibility is the key distinguishing feature of money. If it is convertible, it is money. If it is not convertible, it is less than money.
The nature of convertibility brings with it additional qualities that can drive civilizations forward. For example, take convertibility coupled with anonymous exchange. If I offer to pay an antique shop for a lamp in a truly anonymous money, the issuer of that money has no idea that I just purchased a lamp.
If a cowboy in a pickup truck with a large American flag draped across the back wants to purchase a hunting rifle, paying in an anonymous currency allows the man to proceed without interference. In a culture where a segment of the population is vociferously opposed to the cowboy’s transaction, the anonymous nature of true currency prevents the issuer from meddling with, in this case, a legal transaction.
So realize that convertibility and anonymity are the bases of actual money. This is the kind of money that enables economies to dynamically and continuously redesign themselves, automatically, as the civilization evolves. Convertibility is better than trust. Anonymity is perfect utility. Anything posing as a currency without these two properties is less than money.
Digital currency, as envisioned by the money monopolists - the international private banks that leverage national governments to enforce their monopoly -lacks the two most important properties of money as described above. Additionally, these missing critical properties enables the currency monopolist to add to digital currencies an architecture of permission. Nothing makes the monopolist happier than to assign to themselves the mechanisms of permission.
At its core, monopoly is the hoarding of decision-making power. This power is used to warp the evolution of a civilization to suit the monopolist. After a long run of currency monopoly, the economy, society, and government are dramatically transformed for the worse, like a silkworm injected with the eggs of a parasitic wasp, the poor girl finds herself literally eaten alive from the inside, kept barely alive, and then forced to care for the wasps’s offspring.
Digital currency is fraudulent money, sucking away your convertibility and anonymity. It enables the money monopoly and their servants to regulate nearly every aspect of civilization. It is a massive power grab from the class of people who, as Catherine Fitts, publisher of Solari noted, believe human “slavery is a great business model.”
Joseph P. Farrell, on the website, GizaDeathStar, has been covering the fraudulence of digital currency for quite a long time. Here is a good offering from his 2021 vintage:
Exacerbating all this is the problem of the increasing remoteness of power, popularly and improperly called “globalism.” The seeds of the US revolution in 1776 especially involved being forced to use a currency printed across an ocean, and being unable to participate in regulating the value thereof. The laws were approved in England, across that same ocean.
Well, central bank digital currency makes the remoteness problem even worse. Your transaction permissions will be set in your city, your county, your state, your nation, your alliance structure, and by the international banking elites. The power of your money will be what is left over after all the jurisdictions are done chewing on on your permissions, using the lack of anonymity to target all your decisions directly, making money use subject to the whims of people who love freedom, theirs, and who view your autonomy of any kind as something to be crushed.