Canadian Digital Currency

[Unclad Lad]

MintChip, a cute name for pocket change transactions.

http://developer.mintchipchallenge.com/index.php

[Malus]

F*ck me. These basstards seem to be pushing that envelope of total control. I knew it was coming, now lets see how people react when they start to seriously push it..........

[Unclad Lad]

Well, one of the things about BitCoin that is supposed to be so great was built-in anonymity, which is something MintChip is supposed to do too. But I wonder if it isn't being built with something like the RSA crypto, with a backdoor for the cops. Unfortunately I don't have the edumacation to understand the technical innards of the thing.

[Malus]

Every transaction "is" recorded. No doubt about that whether they admit it or not. If its non-recorded as they say, what pray tell, will happen if there is any sort of computer glitch that say, wipes out everything you have. We didn't have to much of a problem with identity theft or people duplicating your plastic and stealing your money when we used cash or cheques. We also didn't spend as easily for that instant gratification. This is nothing short of total control of "every" transaction you do, from major purchases to lending someone $5 or like they say, monitor allowances paid to your kids. The government needs a way to tax all transactions. Black market here we come. Really, the people need to resist this control mechanism with every ounce of resistance they have left in their vaccinated/fluoridated lives........... this is "not" the future of currency (if I can help it).

[Unclad Lad]

I understand where you're coming from, Malus; I think the pitfalls are too high. But there's a fair chance that something like this is the future of currency, like it or not. If it is, then it's to our advantage to learn how get by and do what we do without attracting unwanted attention.

[Malus]

I understand where you're coming from, Malus; I think the pitfalls are too high. But there's a fair chance that something like this is the future of currency, like it or not. If it is, then it's to our advantage to learn how get by and do what we do without attracting unwanted attention.

I concur........

[andial]

I could only stomach reading the intro, sorry. As far as how are people going to react to this Malus? My WAG is they will get sucked in willingly. JMHO

[Malus]

Its not the only country slowing "enlightening" us with this next shift..........

http://numismaster.com/ta/numis/Arti...rticleId=13953

http://www.huffingtonpost.ca/2012/03...n_1355255.html


I believe, when the monetary system as it sits now, collapses, cashless will be TPTB's answer. Whether strictly debit/credit at first, it'll move towards this "Mintchip" idea. Next, they'll have some reason to have it permanently imbedded under your skin. Call me paranoid, but, everything has gone on according to plan for the globalists so far. This one will be an easier accept than other pills the public has had to swallow.........

[andial]

Whether strictly debit/credit at first, it'll move towards this "Mintchip" idea. Next, they'll have some reason to have it permanently imbedded under your skin.

Maybe this chip implant will come with a credited amount of credit. An amount that will pay for your "higher" education and your "health" care and maybe even your "retirement". Those without the chip will be the "poor" ones. I say government employees/pensioners take the chip in the ass first. JMHO

[KnowNothing]

Must be some sort of resolution to cut funding from terrorists.

[Malus]

Must be some sort of resolution to cut funding from terrorists.

And drug traffickers........

[DonShimoda]

I could only stomach reading the intro, sorry. As far as how are people going to react to this Malus? My WAG is they will get sucked in willingly. JMHO

Oh you'd better believe it...
When I stand in line at grocery stores or coffee shops ....people don't even have $5 in their
pocket to buy a Latte.

They pull out their debit/credit cards and it takes an extra 2-3 minutes to do these damn transactions

Really!! You don't have $5 bucks in your pocket??? They will embace this system fully IMO

Pet Peeve of mine

[andial]

Oh you'd better believe it...
When I stand in line at grocery stores or coffee shops ....people don't even have $5 in their
pocket to buy a Latte.

They pull out their debit/credit cards and it takes an extra 2-3 minutes to do these damn transactions

Really!! You don't have $5 bucks in your pocket??? They will embace this system fully IMO

Pet Peeve of mine

Yes, it's a Pet Peeve of mine also. People complain that freedoms are going away yet the way they go about their lives only makes these banking institutions and the police state stronger. It's a lost cause.

[Aurumag]

That's right!

Only terrorists

And drug traffickers........

prefer to use cash.



Hello Mintchip.

Goodbye privacy.

[gringott]

They [sheeple] will jump right into this. After all, most pay big money NOW to carry a "smart phone" that tracks them everywhere they go and records every message they send everyone for use in court later. Seems an awful lot of court cases now have full transcripts of text messages as part of the evidence. An electronic tether with a memory. TPTB have already started incorporating payments by suckerphone. Yes, the big step will be inserting the phone/payment system in your a$$. How amazing is it that people will actually pay to be enslaved?

[Dzepxich]

There's no need for an actual "chip" to be imbedded. That would be easy to get around with minor surgery, and one could still be "stolen" from someone & reimplanted. Facial recognition & biometrics technology will eventually be used when the cashless economy is worldwide (it's inevatible). Privacy is going away, so it would be smart for people to do away with the stupid morality laws (drugs, prostitution & gambling) that criminalize so many of our population.

[RUSH2112]

F*ck me. These basstards seem to be pushing that envelope of total control. I knew it was coming, now lets see how people react when they start to seriously push it..........

I live here in Canada and Canadians are more like sheep than the Americans are. People complain but never do nothing about it. There will be no revolt here, the citizenry is to weak.

I tell people on a weekly basis that when currency is changed to digital currency, they will lose freedom to do business as they choose and be taxed whenever the government feels the need. No one understands up here except my local coin dealer.

[Malus]

I live here in Canada and Canadians are more like sheep than the Americans are. People complain but never do nothing about it. There will be no revolt here, the citizenry is to weak.

I tell people on a weekly basis that when currency is changed to digital currency, they will lose freedom to do business as they choose and be taxed whenever the government feels the need. No one understands up here except my local coin dealer.

Look at the sh*t Harpers getting away with. We no different then are American cousins (except that we're disarmed already).............