Will COVID-19 Finally Force Fiat Into The History Books? Part 1 of 3
By Andrew J. Burns on The Capital
At the time, moving in 2020 was looking as if China would officially be launching its own digital currency. This would continue to allow the CCP to control and track their citizen’s behavior, but particularly in regards to their spending habits. At a time when Chinese citizens or ex-pats in China are used to using VPNs to connect with banned websites, social credit to determine if they are worthy to travel, cameras surveilling and facial recognition in most public places. The need to not only switch to a digital currency is at a crossroads, but possibly a choice between life or death.
While most governments had been monitoring the situation in China regarding a novel coronavirus (at the time known to be just a viral case of pneumonia), most of the world wouldn’t become aware of the situation until late January 2020. It became quite a news headline that the city of Wuhan in the Hubei province of China was dealing with an outbreak that was and is still so contagious and deathly that the entire 11 million people were quarantined from the rest of the world. With only a few weeks into the quarantine, the rest of the world finally became aware of the coronavirus AKA COVID-19 due to cases reported outside of China. It wasn’t until February 15th that only a couple of news agencies reported that China was said to be considering paper money (fiat) as an item that could be helping the spread of the virus. Oddly enough at the time and still at the time of writing this, there have been minimal western news outlets reporting on this with even any consideration of offering some level of speculation. For a time when anything and almost anything that is being done in China to control the outbreak, it would seem prudent that all countries do what it can to at least educate their citizens about the potential of it being a carrier.
It would become very clear in the coming weeks that almost every country would be releasing numbers of the total tests conducted for identifying COVID-19, total confirmations, and deaths to be all over the place. Unverifiable reports were being reported that the virus could not only survive on surfaces for 24 hours, but for up to 216 hours (9 days). One who could easily google how long a virus lasts on surfaces would be able to find that flu viruses can last for up to 48 hours, so it would be easy to conclude it to be fake news. The one thing that made it clear that this virus is probably able to survive for more than 48 hours and truly up to 9 days would be seeing leaked videos out of China showing trucks and people spraying large plumes of smoke that must have been some type of disinfectant. It is now very easy for one to conclude that if the media and scientists are telling the public to wash their hands as often as possible, it doesn’t take a scientist to conclude that dirty money can carry COVID-19…