Asclepias
Diamond Member
Only put a couple of dollars in the bank. And put the rest in a safe place. But if they go cashless. There will not be a safe place to put your money in.You all are playing right into their hands. Online banking and mortgaging creates cyber robbers.this is a good question to ask any lunatic that wants to eliminate all police and end prisons. Yah, OK. so how are 200 Million Adults supposed to deposit/cash their checks and get a mortgage/car loan?
Will 2020 mark the start of a decade when Americans finally ditch cash and use digital wallets, credit cards?
With digital wallets and tap-and-pay cards, you don't need dollars to pay for rides or meals. Will the new decade mark the dawn of a cashless society?www.usatoday.com
Is your money safe at the bank? An economist says 'no' and withdraws his
The Fed policies of Ben Bernanke and Janet Yellen, who begins her term Feb. 1, are making former Harvard economist Terry Burnham withdraw his money from Bank of America.www.pbs.org
So all the shit about FDIC insured is a scam?
What bank do you bank with? Is it Lah Lah land bank?
FDIC insurance also doesn't cover theft, whether due to fraud, identity theft, or a bank robbery. However, banks usually have a banker's blanket bond insuring them from losses due to robbery, fire, flood, embezzlement, and other events that may cause money to vanish.
How FDIC Insurance Works and What It Covers
FDIC insurance can protect you if your bank goes belly-up in the future. Learn how it works, how you're protected, and whether the FDIC covers fraud.www.thebalance.com
So if I physically walk my money into a bank and surrender it then I am in the same boat as if I deposited it online then right?
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You do realize that we are not on any standard of value like the gold standard right?
We are on the Rockefeller's Fiat currencies. Money that only grows from their trees.
But having physical currency will show that we have physical proof that we own that much cash. But online banking, that anyone can hack into your account like Obama's leftovers and wipe it out clean. And then show fake online records that the person has spent their entire bank account at a nudity bar.
No there are very few people that can hack into your account unless youre a dunce. Also if you utilize 2 factor authentication its damned near impossible with the exception of some very high level hackers. These hackers use social engineering and probably wont waste time with a small time target. If they target you its game over anyway. By the time you figure out they have hacked your account they will have broken into your home and wiped you out as well.