Friday, June 01, 2012

Community-based Banking (12) Security

Notes and coins are a very portable form of information technology. Having information so distributed allows great flexibility, as people can use it anywhere in their community at a time and place that suits them.

A dispersed money system will be essential for survival during a time of persecution. If Christian individuals and churches hold their money in the world’s banking system, the government can easily confiscate it. Money dispersed within communities will be much safer. A record of an obligation to the community cannot be stolen, as it has no value outside the community. If the government steal the money, the community would refuse to acknowledge the obligation.

If money records are stored on a computer network, these records could be dispersed across many computers. If computers are unsafe, the records could be kept on paper or in a notebook.

No comments: