posted on Oct, 9 2012 @ 11:30 PM
I didn't find this posted so I thought I would. The link is to an article from Infowars. Personally, I am not a supporter of Mr. Jones; however, he
frequently posts links to articles that I find interesting. In either case, I have an interest in the future of banking and electronic currencies.
Here is a link to the article:
Survey Finds Large Number of
Australians Welcome Cashless Society, Retinal Scans for Banking
Within the article are links to the Australia and New Zealand Banking Group Limited (AVN) paper explaining how people surveyed in Australia would be
"comfortable" with having to have an eye scan or fingerprint identification for all banking transactions. At the bottom of the article is a CNBC
video discussing a move to go cashless in the United States in order to hinder terrorists and gang members. Somewhere after the 4 minute mark, the
anchor mentions how for this all to work, it would have to be international in scope and that your biometric information would basically be your
national identification.
I think what people need to understand is that if a country goes completely electronic then in order for them to exchange their "currency" for a
foreign countries currency, that other country would have to accept your biometric information as proof in order to take the credits. The survey done
by AVN claimed that 67% of the people were comfortable with using biometric identification in order to do financial transactions. The younger someone
was, the more "comfortable" they were with going all electronic.