Here's the latest anti-gold propaganda, a story from the London Times reporting that child pornography is increasingly being purchased by people using electronic gold payment systems.
The manager of an Internet watch group says of the use of e-gold systems by child porn buyers: "It is not foolproof. But it does make it harder for us to trace them. It is anonymising money."
Is it necessarily supportive of child abuse to question a few premises here?
1) Cash is even more anonymous than electronic gold payments -- completely anonymous. And cash is used for illegal transactions a billion times more often than e-gold is. So should cash be outlawed?
2) The primary facilitator of purchases of child pornography is not e-gold systems but the Internet itself. Should the Internet be outlawed?
3) How can "anonymising money" (to use the British spelling again) be questioned in itself without presuming that government has a right to know about each citizen's every financial transaction? The government has income taxes, sales taxes, corporation taxes, excise taxes, payroll taxes, and more, and each year government claims an increasing share of the wealth produced by the people. Is that not enough control? Is there really something wrong with putting some part of the financial sphere beyond the automatic surveillance of the government?
Gold and silver are feared and hated by governments precisely because they are the guardians of individual liberty against the state that aspires to omnipotence. Must that liberty be surrendered just because some terrorists hijacked some airplanes and crashed them into some office buildings five years ago or because some pervert purchased the evil work of child abusers?
Of course those incidents are only pretexts. If they didn't happen, government would concoct other excuses to increase its power and curtail liberty. Gold may be dangerous but it is innocent of all charges.
CHRIS POWELL, Secretary/Treasurer Gold Anti-Trust Action Committee Inc.
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Pedophiles 'trade gold' to hide identities
By Vik Iyer The Times, London Wednesday, March 8, 2006
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