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RE: Homeland Security Calls Anyone Against Orwellian Media Surveillance "tinfoil hat-wearing, black-helicopter conspiracy theorists"

in #news7 years ago

I have withdrawn my financial contributions to this empire, and have not had a bank account since 2009. I make every effort to pay in cash in person for essential goods and services, to preclude creating surveillance data. I have as small a data footprint as possible, excepting my rants on Steemit.

I reckon that this is an essential first step we all need to take, regardless of it's convenience. India has effected a national biometric ID system that all Indian citizens need to use to buy food, and all essential goods and services. The government of India states that they intend to create an official cryptocurrency that will be public tender. No Indian financial institutions are permitted to conduct transactions in cash, other cryptocurrencies, or otherwise, any longer.

This will be exported once they have worked out (or in) some critical bugs, such as that biometric data theft is common.

While this is going to hurt, Indians are going to need to find ways to transact outside officially sanctioned means, and while cryptocurrencies can no longer be exchanged for official currency there, and are banned, it is likely that means of transacting directly in cryptocurrency without exchanging it for fiat will be undertaken, as well as trade using PMs.

A large segment of the global population is soon going to be using cryptocurrency as actual money, outside of use as legal tender.

We are going to have to do that here, too, and globally, soon.

I have shown it is possible to do without the benefit of cryptocurrencies at all. I highly recommend folks give this due consideration, and closely watch for indications of how the Indian people are managing to use cryptocurrency as actual money, so we can be prepared to join in as need arises.

Thanks!