@Ellen North

I was venting without thinking, which I occasionally do after reading something like this essay, which demands action but also carries a bit of hopelessness.

#9

I'd agree with you on the concept of an alternate currency/economy, since we're living in two different economies anyway, except that the security of our personal currency holdings would then be dependent on all and sundry criminal corporations in the process of taking control of the internet,

as well as random hackers,

with a public/private 'security' organization spying on literally everyone - where employees private corporations not only engage in abuses for personal amusement

but create and exploit vulnerabilities in everyone's computers as a part of 'doing business'

which can also be accessed by random malicious hackers all over an increasingly desperate world;

while, in the US, Obama has already 'legalized' the theft of customer money from accounts by banks unafraid of creating crashes because of being bailed out by tax-payers, giving them the option of instead emptying customer accounts to cover their losses in the hazardous pursuit of outrageous paper profits via fraudulent schemes, in order to continue the massive profiteering and enormous CEO salaries and bonuses they drain off of the top;

a number of these banks having already faked paperwork and claims to 'repossess' houses on which they have never even held mortgages, or created circumstances by which they can repossess people's homes based on anything from false claims and charges to the simple refusal to accept mortgage payments repeatedly sent to them in order to claim delinquency;

and/or having created false accounts by which to increase charges on unwitting victims.

I daresay I've missed quite a number of scams, with new ones being 'legalized' via corporate coups (alias 'trade deals') still in the works, unless they've already been snuck through...

The corruption created by self-interested corporate/billionaire control of the legal/economic/governmental system needs to go, and will in any event soon collapse beneath the weight of its own greed as soon as those those it both stands upon and drains become complete mush, assuming that life on the planet lasts that long. Call it a race to the bottom on all fronts, in this looting phase.

But anything entirely dependent upon the internet or any electronic system rather than a solid physical currency is vulnerable to everything from a power outage - and America's grid has long been left highly vulnerable - to those related to groups considered disposable by TPTB (approximately 99% of us, but especially dissenters) being denied internet access or having their bank accounts emptied/frozen until they starve and are left to the mercies of militarized police, out on the streets.

Any essential system of this nature must be at least reasonably secure, without placing all of our eggs in a weak and weakening single basket, from which most of the wheels have already fallen off, or been removed, leaving enlarging holes throughout the bottom, with more forming all of the time.

While admittedly speaking as One Who Knows Nothing, in my guesstimation, giving over even more - actually total - control of such things as our personal finances to rapaciously greedy and hostile self-interests probably isn't the best answer to this situation.

It's also part of a greater whole consuming the planet which, if not addressed now, will leave no later to worry about.