I Owe My Soul to the Company Store

So, “digital currency” would give the government or your employers complete control over what you can buy. This isn’t some made-up conspiracy an “oh, look what they could do with that” but someone actually advocating for it.

Yesterday, I talked about mileage taxes on cars and how, depending on how it was implemented (GPS tracking of all vehicles licensed to use on the public streets), it would give the government complete tracking of your movements–everywhere you went, how long you were there, where you went next, and so on. The only way to avoid that would be to walk or ride your bicycle (if that–want to bet that bicycles, since they use the public roads too, would not also eventually have a tax imposed once the precedent is set?).

Seriously, this would mean complete control of your life by some bureaucrat somewhere. As I said yesterday, the corpses of every tyrant in history has suddenly got a raging erection from excitement at the level of totalitarianism that this means.

People like those referenced in the piece above are actually advocating for a level of oppressive dystopia worse than any in history. Worse, indeed, than any in fiction. Brave New World and 1984 are pleasant libertarian allegories by comparison.

And people are cheering for it.

This cannot be allowed to continue. This must not be allowed to continue. And in the end, it won’t be. But the longer it takes for this dystopic train to be derailed, the more devastating and bloodier the eventual crash.

It needs to be stopped and it needs to be stopped now.

As for me, make mine freedom.

2 thoughts on “I Owe My Soul to the Company Store”

  1. The political class has some strange notions about money. Confusing it with wealth, for one thing, and believing that the government can print wealth.
    Failure to grok fungibility (Newspeak spelling checker doesn’t even think that’s a word) is common; we may, e.g., send a bunch of “humanitarian aid” to a terrorist organization with the proviso that these dollars are to be used only for humanitarian purposes and not for terrorist activities.
    And, of course, most people don’t seem to understand that cryptocurrency doesn’t work anything like real currency; the ownership history of every cryptocoin and fraction thereof is recorded for posterity in the Ledger, so those who wish not to be tracked need to launder their bit-money through some alternative medium of exchange (dollar, Swiss franc, gold, cocaine, whatever) to break the tracking.
    So, no surprise that politicians are looking to break money, turning it into balkanized scrip that can only be spent in certain ways and not readily converted. Look at all the problems it would solve! Peasants wouldn’t be able to buy drugs, or guns, or cigarettes, or spray paint, or non-approved Internet services, or… yeah. Total control of everything is the goal, never mind that civilization as we know it would come to an end.
    (What was that? Use your EBT card to buy Pepsi by the case, then sell the Pepsi for cash, then use the cash to buy Oxycontin? Naw, people just aren’t that creative. They’ll do as they’re allowed, and never bypass the restrictions.)


    1. Only problem with the evasion is that each step of the process takes a percentage off the value. If these proposals start to gain traction we will need a reasonable alternative, which the barter system is not. JW’s next post concerns the Constitutionality of various laws currently in force and here’s another one. The Constitution says:

      “To coin Money, regulate the Value thereof, and of foreign Coin, and fix the Standard of Weights and Measures;

      To provide for the Punishment of counterfeiting the Securities and current Coin of the United States;”

      Article I, Section 10 says that states can’t coin money. What is not said is that no one else can. Not sure whether this has ever been ruled on but I suspect that it hasn’t, or that it has been ruled on affirmatively. Bitcoin exists because they are not a state and therefore not bound by the Article. So can I start a mint making money that is accepted in my town and local region? As a private company? Perhaps a cooperative where contributions to the cooperative are issued scrip, which is redeemable for other things within the cooperative? Don’t see why not. So long as the state government doesn’t do it.


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