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originally posted by: syrinx high priest
originally posted by: musicismagic
originally posted by: syrinx high priest
the american congress is owned by crooks, they like cash
our cash is never going away, lol
You maybe laughing, but I feel your laugh at the present time is real. Cash is never going to go away.
it better not, I have to replace my debit/atm card twice a year, and that's just for my daily dunkin donuts purchase, the strip wears out. I can't imagine depending on that card for every purchase.
originally posted by: Raggedyman
But they will have to devalue precious metals as people can trade in them
The thing with precious metals is they are already ver valued by a huge percentage, precious metals will have to come under some kind of scrutiny as well.
Won't be to long before we are all government property, walking money machines with no value outside of what we own. Dehumanizing humanity
On the upside, the sooner it happens, the sooner it will all end
originally posted by: Informer1958
“I don’t use cash any more, for anything,” said Louise Henriksson, 26, a teaching assistant. “You just don’t need it. Shops don’t want it; lots of banks don’t even have it. Even for a candy bar or a paper, you use a card or phone.”
Swedish buses have not taken cash for years, it is impossible to buy a ticket on the Stockholm metro with cash, retailers are legally entitled to refuse coins and notes, and street vendors – and even churches – increasingly prefer card or phone payments.
www.theguardian.com...
originally posted by: [post=20813149]Informer1958
I also believe this will squash all Black Markets, in the drug and gun trade as well. Meaning all your money better be accountable, this is a wet dream for the IRS, everything will be tax.
originally posted by: ketsuko
originally posted by: Raggedyman
But they will have to devalue precious metals as people can trade in them
The thing with precious metals is they are already ver valued by a huge percentage, precious metals will have to come under some kind of scrutiny as well.
Won't be to long before we are all government property, walking money machines with no value outside of what we own. Dehumanizing humanity
On the upside, the sooner it happens, the sooner it will all end
On the bright side, they'll never completely get rid of it. People will build their own grey/black economies using barter and/or some item that will have value placed on it like cash.
The Native Americans used strings of sea shells for example. We might see that revived.
Fallout uses bottle caps.
originally posted by: monkeyluv
Much of money supply worldwide has consisted of digital information for sometime.
originally posted by: SLAYER69
So, there goes the whole "Private Transactions"
Nice....
Sarcasm/
So people are all excited and Pro about there being a complete and total history of their transactions.
originally posted by: ketsuko
originally posted by: Raggedyman
But they will have to devalue precious metals as people can trade in them
The thing with precious metals is they are already ver valued by a huge percentage, precious metals will have to come under some kind of scrutiny as well.
Won't be to long before we are all government property, walking money machines with no value outside of what we own. Dehumanizing humanity
On the upside, the sooner it happens, the sooner it will all end
On the bright side, they'll never completely get rid of it. People will build their own grey/black economies using barter and/or some item that will have value placed on it like cash.
The Native Americans used strings of sea shells for example. We might see that revived.
Fallout uses bottle caps.
originally posted by: glend
originally posted by: monkeyluv
Much of money supply worldwide has consisted of digital information for sometime.
Except in a world turning to negative interest rates, you'd always have the option of withdrawing to cash to preserve wealth, So if the banks are to survive under negative interest rates they must force you to loose wealth by locking you into their system.
originally posted by: glend
originally posted by: monkeyluv
Much of money supply worldwide has consisted of digital information for sometime.
Except in a world turning to negative interest rates, you'd always have the option of withdrawing to cash to preserve wealth, So if the banks are to survive under negative interest rates they must force you to loose wealth by locking you into their system.
.. it enables TPTB to develop very detailed profiles of us all for the purpose of knowing how approach us, how to get know us, what to enage us on, how to gain our confidence, how to threaten us, what our vulnerabilities are so they know how blackmail us, so they know what buttons to push to get us to react in an specific given way etc.