Turn to Revelation Chapter 13 for a hint of things to come:
Revelation 13 (KJV)
16 And he causeth all, both small and great, rich and poor, free and bond, to receive a mark in their right hand, or in their foreheads:
17 And that no man might buy or sell, save he that had the mark, or the name of the beast, or the number of his name.
This is quite telling in many ways. Aside from the Mark, what it may be, we are told that no man may buy or sell without this mark.
It makes sense in todays world that Cash, paper and coin currency, is on the way out. We find that there is a push to make everything electronic. From the Universal Product Code that every store uses to not only get the price, but also do their inventory with - to the ATM bank Card - all are telling us that Hard currency is on the way out.
The mandated switch to electronic bonds is a product of this push to remove cash.
We are reminded that cash can be stolen, counterfeited, and is difficult to track.
Try getting a Credit Card or a loan - can't do it if you are not part of the banking system, which is all electronic now days.
Electronic commerce is a good idea. It is sensible and does make everything much easier. It is the threat of control that a government can have that makes this notion not such a good one.
The recent change in the printed bills was to make counterfeiting more difficult, but the Treasury found that it didn't and now is planning on adding more colors to the money. counterfeiting is a very expensive thing for the government and it takes place a lot, especially over seas.
For decades we have been brainwashed, er programed - um - you get the picture - that cashless is the way to go. Not too many people can honestly say they do not have plastic in their wallet. I can, but I also gave up a whole lot more too, such as my ability to get a loan, and even my ability to buy real estate. Giving up plastic also meant (for me) giving up those checking and savings accounts - I never understood the concept of being allowed to pay for spending my own money.
The push for globalization also means a push for a one world currency. Logically that end development would mean the establishment of a kind of currency that all will accept. I doubt that the Canadians and the Mexicans would Accept the US dollar bill as their currency - nor do I think that the Americans would accept the EURO as a form of currency because these currencies are nationality based.
But accepting an ATM or a Credit Card, especially if it is a type you can personalize to suit the individual would be very trendy and would stifle the complaints about using a 'foreign' bill in their country.
The EU has demonstrated that it is possible for numerous nations to drop their own currency and pick up a new, unified one. Not only has the EU done this with little fuss, but the EURO is strong, it is surpassing the long held US dollar in its power.
Sooner or later all business will be done electronically, Payroll is automatically dropped into peoples accounts, many people have on-line checking, Many others use their ATM Card for every purchase (Considering that nearly all businesses have those little machines it is now possible to not carry a single cent).
Nearly every household in the US has a computer. As I recall, Clinton publically announced that there will be a push to put a computer in every household in the USA. Do not underestimate the power of the WWW - It is a desired tool toward making a cashless society possible.
What the US Treasury Bond is doing is following the trend - it is the next logical step in a process to remove hard cash from us.
David