This plan will require technology, which is subject to electromagnetic pulse. And. Periodic failures due to electrical spikes, thunderstorms, whatever... you cannot base a monetary system on data because data is bytes and bits in which the integrity is easily compromised after which it is beyond “restoration.”
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Could it be that that’s the goal?
“Could it be that that’s the goal?”
Not unless the intention is to cut their own throats along with everybody else’s.