The scene is as old as history. An individual fleeing persecution wants to cross a border. His or her life depends on being able to bribe a border guard, with some fungible valuable item: whether gold, cash, silver, diamonds, etc. Life depends on it.
If the trade is prevented, then all hope is lost.
From the dawn of time, currency was the one thing that governments had difficulty tracking. I am not considering checks, bills of credit, something written. Those are easy to trace. I am talking about real currency. Currency in one’s hand, cash pressed in the flesh.
Bribery was always the province of the dishonest, but it often became the last resort of the honest: a war refugee wanted to cross a border before an invading army swoops in, a Jew wanted to evade a Nazi patrol, an Irishman wanted to get out of Ireland one step ahead of the […]
Read the Whole Article From the Source: www.americanthinker.com
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The article assumes that all currencies of the world will go digital but that is improbable as most countries are not advanced enough to support the technology required to manage such a feat. How does someone in remote Nigeria use a credit card to pay for vegetables. How will the Chinese in the hills or the Russians in remote corners pay for their goods. Not with a digital app. There will always be a way to barter and trade and a new “fiat currency” will fill the void. Prostitution may be the oldest trade in the world but it was/is cash that made/makes it possible.