BuckToothMoron
Gold Member
- Apr 3, 2016
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GLENN: Nobody is paying attention to what's happening in India. I mean, gold prices in India shot through the roof because they didn't go cashless. They just took everything over a 50-dollar bill. And it almost stopped the country. This week, they just did it. This cashless society is closer than any of us think, and if you think somebody is not going to -- they're going to let a crisis go to waste, you're mistaken.
A Cashless Society Enslaves You to the System
Glenn Beck is an alarmist. It’s how he gets paid.
Hahah I never even watch the bastard any more but he did have his good points, and he is far from beingn an alarmist reality is reality. Taking CASh is for conntrol,
Control the money control the population,,,,,,,,,,
Look what happens when the Gov. shuts down ppl on food stamps don't get their stamps, nor money ......
Look what happens to fathers who don't pay child support the banks freeze their bank accounts !
So tell me again how great a cashless society will be when the Gov can easily shut it off just because.
CIBC Proved Again the Danger of Cashless Society - The Organic Prepper
Digital systems may be “convenient”, but they often come with central points of failure. Cash, on the other hand, does not crash. It does not rely on external data centres, and is not subject to remote control or remote monitoring. The cash system allows for an unmonitored “off the grid” space. This is also the reason why financial institutions and financial technology companies want to get rid of it. Cash transactions are outside the net that such institutions cast to harvest fees and data.
A cashless society brings dangers. People without bank accounts will find themselves further marginalised, disenfranchised from the cash infrastructure that previously supported them. There are also poorly understood psychological implications about cash encouraging self-control while paying by card or a mobile phone can encourage spending. And a cashless society has major surveillance implications.
Despite this, we see an alignment between government and financial institutions. The Treasury recently held a public consultation on cash and digital payments in the new economy. It presented itself as attempting to strike a balance, noting that cash was still important. But years of subtle lobbying by the financial industry have clearly paid off. The call for evidence repeatedly notes the negative elements of cash – associating it with crime and tax evasion – but barely mentions the negative implications of digital payments.
The UK government has chosen to champion the digital financial services industry. This is irresponsible and disingenuous. We need to stop accepting stories about the cashless society and hyper-digital banking being “natural progress”. We must recognise every cash machine that is shut down as another step in financial institutions’ campaign to nudge you into their digital enclosures. (source)
It only took one day of the CIBC debacle to remind people of why digital transactions are at the mercy of the computers and those who control them.
The people who are pleading for the “progress” of a cashless society, the ones who can’t wait to get their debit card embedded into their arms as an RFID chip – they aren’t seeing the bigger picture. That’s the picture of them, losing everything they have at the whim of a bank, a prosecutor, or a computer error. It’s the picture of every single thing you buy and every transaction you make being tracked, filed away, and one day used against you.
It’s all about control. It’s always about control.
And without cash, you just handed all of your control to someone else.
CIBC Proved Again the Danger of Cashless Society - The Organic Prepper
Dude, your acting like a hysterical woman. I never said a cashless society would be good, I said it will never happen, just like the paperless office. Sure, there are a few offices that don’t use paper, but the huge majority do. And cash will always have a use in this country. Calm down.