Cashless society

Topic by chir

Chir

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This topic contains 12 replies, has 9 voices, and was last updated by Ruben  ruben 3 years, 2 months ago.

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  • #367102
    +8
    Chir
    chir
    Participant

    Well earlier I posted about India confiscating gold. I thought that was weird because with India (any Indian MGTOW can attest to) gold is a big part of culture.

    So now it starts to make sense. There has been some hub-bubb about “cashless society”. (IE: Banks and government resources grab.) If there is no cash except electronic, our resources and earnings exist at the discretion of big banks and government. Can you say grab your ankles and kiss your ass goodbye…

    INDIA headed to cashless society

    South Korea headed to cashless society

    It looks like the globalists are testing the waters. These countries have removed guns from the hands of the populous so generally speaking the people have no chance.

    WHY SHOULD WE AS MGTOW GIVE A FLYING F~~~…

    Now the reason given by our rulers for suppressing cash is to keep society safe from terrorists, tax evaders, money launderers, drug cartels, and other villains real or imagined. The actual aim of the flood of laws restricting or even prohibiting the use of cash is to force the public to make payments through the financial system. This enables governments to expand their ability to spy on and keep track of their citizens’ most private financial dealings, in order to milk their citizens of every last dollar of tax payments that they claim are due.

    They will know everything you buy, put that information into databases and then put us in the future FEMA camps for feminist sensitivity training (MGTOW is automatic Misogyny). Well, they will do that to some people. I won’t give a f~~~ because I will be dead and surrounded by the bullet riddled bodies of the f~~~ers who wanted to drag me away.

    It is by caffeine alone I set my mind in motion, it is by the beans of Java that thoughts acquire speed, the hands acquire shaking, the shaking becomes a warning; it is by caffeine alone I set my mind in motion.

    #367160
    +2
    Faust For Science
    Faust For Science
    Participant
    22682

    Gentlemen, relax. A cashless society is still a long ways off for a number of reasons.

    Most populations did not trust government, nor banks, with their wealth.

    Hackers and governments would be able to destroy or seize wealth with a few keystrokes.

    Foreigners will not respect a cashless society.

    If you want to see how a cashless society will not work, just look towards India right now.

    The India government and banks have tried to force a cashless society on a society that mostly lives paycheck to paycheck, by banning the currency and denying the people from exchanging their currency and thus trying to force the people to put their money into banks.

    What has happened is both the old and new currencies are considered worthless. Along with people whom have money in banks are trying to move as much money as they can out of the country.

    And the economy of India, a nation of over 1.2 billion people, is grinding to a halt. Very soon, food and vital day to day necessities will become scarce in much of India. After which, the nation of India will collapse into a humanitarian disaster.

    And all of this is due to a few rich people wanting to control and eventually steal with wealth of the India people.

    #367170
    +2
    Chir
    chir
    Participant

    Depends on what you mean by long way off.

    Globalists and bankers are busy beavers…

    Herp
    Derp
    American Thinker

    I figure we have about 10 to 15 years. There is too much potential money and power for them to let it be. They already push it on mass disinformation… I mean the fake news… I mean regular mass media.

    Did you know there is ONLY one state in the USA that requires all businesses to be able to accept cash… Massachusetts.

    Even the US Treasury says buisnesses are not required to accept cash (unless there is a state law).

    There is, however, no federal statute mandating that a private business, a person or an organization must accept currency or coins as payment for goods or services. Private businesses are free to develop their own policies on whether to accept cash unless there is a state law which says otherwise.

    Since I am already pretty ghostly as a mghow it would be an annoyance unless they start hardcore tracking purchases to find those people who do not “fit in”.

    It is by caffeine alone I set my mind in motion, it is by the beans of Java that thoughts acquire speed, the hands acquire shaking, the shaking becomes a warning; it is by caffeine alone I set my mind in motion.

    #367182
    +1
    Faust For Science
    Faust For Science
    Participant
    22682

    Globalists and bankers are busy beavers…

    Yes. They always are. But, their plans are A, B, and C.

    A. The Current Situation.

    B. Change the current situation to the desired outcome in C.

    C. The desired outcome.

    The issue is they have not figured out the B part of their plan.

    The problem is the globalists want their cake and eat it too. They want to hold all the tangle wealth in the world and force the other 99% of humanity into debt slavery with no wealth.

    The issue is human nature prevents this. Eventually, people are pushed to the point they will no longer obey tyrants no matter how horrible and painful said tyrants hurt said people. Such reactions by people range from violent to just refusing to do anything. Either way, the current system of society is not maintained and collapses.

    Also, economies require the constant circular flow of tangle assets to function. Even if those assets are as simple as food and necessities.

    The economy is like an electrical circuit, with interconnected loops. The economy only functions in such loops, with energy/tangle assets continuing to move through those economic loops.

    If you want the farmer to produce the food, the farmer needs the tools and materials to do so. Thus, the farmer is paid to buy those items. And the farmer sells the food that is grown, with the farmer in turn using said money to buy more tools and materials to produce more food.

    That is just one economic loop which is interconnect to countless other economic loops, with all the economic loops maintaining society.

    Globalists refuse to acknowledge this fact because it means that their plans to own everything will not work.

    Every time those in power try to create a credit only economy, when cash and other means of tangle assets are removed from society, this does not become a cashless society, this causes a society to collapse.

    #367223
    +3
    It'sallbs
    It’sallbs
    Participant

    The cashless society is the constant creap of total control over you. Cashless is sold to on the basis of convenience and security of not carrying cash. Both debit and credit cards make people spend more and in some cases get into debt.Try it, take cash out for your week and leave your cards at home. Most people will spend much less.

    Imagine a situation where you have lost your job. at the moment you could take your tv or something to a pawn shop and sell it for cash. You could then use that cash to buy food. Now imagine you are living in a cashless society, your cards at the limit , you are at your overdraft limit at the bank, who are getting you more in to debt by continuing to charge you interest, how do you buy food? No point doing odd jobs because the electronic money will go to pay your debt.

    http://www.leavemeansleave.eu

    #367259
    +2

    Anonymous
    3

    The South Korean situation with coins are different. Manufacturing and transport of metal coins (worth very small money) is bad for the central banks, and costs a lot of guess what, taxpayer’s money. In Hungary, few year ago we stopped using the two smallest 1 and 2 HUF coins, and we just round the sum to the nearest multiple of 5 HUF (worth less than 0.02$), the smallest coin now. It is good to not have a heavy wallet full of those stupid coins.

    The demonetization in India is much more scary, but I agree that any people who want to do something in privacy, will have a substitute for cash.
    1. Foreign cash
    2. small pieces of gold and silver
    3. illegal drugs or whatever the bad people use.

    for smaller deals:
    1. Anything that has widespread use, and does not get rotten: alcohol, tobacco, ammunition and weapons including knife, household items,tools, etc.
    2. typical food that can be stored for a long time, like a bag of rice or sugar.
    3. Work for each other in exchange.(but that’s complicated with many people)

    So, a completely cashless society will increase annoying spying on normal people, but will not stop illegal activity.

    I have a bank account and a card and I use that for bigger payments, but as far as I know, the bank does not get informed on the list of items I buy. (at least, I cannot see this information if I log in to my account) Of course, the shop does store the information of all buys for a few years (also for taxes and to know what is on stock), and they might probably also know my identity when I pay by card. A store might know all the parts I bought in the last few years. They can conclude that I have a bike, a washing machine, some type of TV, bathroom, and stuff like that. Other grocery store can conclude what I like to eat and drink. Not too much information.

    The real danger begins, when all the information from all your buying habits (and whatever else information is available about you, cellphone stuff and web history, etc…) gets collected at one place, and your healthcare or insurance payment gets higher because you bought a few too many beers last month or they notice that you went skiing or DH biking.

    #367352
    +2
    RoyDal
    RoyDal
    Participant

    In a “cashless society” all transactions must run through a computer somewhere.

    Who owns that computer?

    Hint: They have their best interests in mind, but not yours. Count on it.

    Society asks MGTOWs: Why are you not making more tax-slaves?

    #367612
    FunInTheSun
    FunInTheSun
    Participant
    8301

    I think my society will start with making payments via their cell phones. The younger generation will be more eager to adopt a cashless system than the older generations. I thin k they’ll embrace it because there will be security systems put in place to make sure they never get “robbed” by anyone. Governments will keep telling them that their money is guaranteed to be safe. So if someone steals your wallet, they can’t access your e-cash unless they have your password and answer a few security questions correctly. I think the USA will probably be cashless by 2050. If you’re off the grid, homeless, jobless, or whatever. Best of luck to you.

    "I saw that there comes a point, in the defeat of any man of virtue, when his own consent is needed for evil to win-and that no manner of injury done to him by others can succeed if he chooses to withhold his consent. I saw that I could put an end to your outrages by pronouncing a single word in my mind. I pronounced it. The word was ‘No.’" (Atlas Shrugged)

    #368035

    Anonymous
    3

    there will be security systems put in place to make sure they never get “robbed” by anyone.

    That’s it. Cannot be robbed by taking away the card/phone (unless the bad people hold a gun/knife on you to buy them food or alcohol or whatever non-traceable goods. -transferring money to robbers or revealing password for the account: that can be investigated easily)

    But you still can be “robbed” if the system does not like you, for example you are accused of something, or a political enemy or an investigating journalist digging into the “top secret evil s~~~” of government.

    #368949
    +1
    Western Tiger
    Western Tiger
    Participant
    20

    Check this out, and you’ll see why they want to take us into a cashless society:

    #370205
    Shiny
    Shiny
    Participant
    2307

    Australia is tagging along with this as usual.

    Oz to limit $100 note (our highest denomination).

    #372008
    Chir
    chir
    Participant

    Yup looks like the aussies are on track to ban the 100.00 bill. Government is practically drooling over the potential windfall of confiscated money.

    I usually keep some cash hidden in a diversion safe. It would be a problem to convert that s~~~ to 20.00 bills. If this trend continues I will have to convert it to be on the safe side. That cash is my emergency fund in case banks go on a holiday or whatnot. Just in case cash. If the economy or banks go t~~~ up, cash will be king for a short while. Then ammunition will be the new cash. That and toilet paper. 🙂

    It is by caffeine alone I set my mind in motion, it is by the beans of Java that thoughts acquire speed, the hands acquire shaking, the shaking becomes a warning; it is by caffeine alone I set my mind in motion.

    #374208
    Ruben
    ruben
    Participant
    119

    A cashless society is necessary for ever more extreme financial engineering. Negative interest rates in particular. Negative interest rates shouldn’t even be possible yet have been unleashed in Japan and elsewhere. Going cashless lowers people’s protection from extreme financial engineering and financial repression.

    The answer is gold, silver, and cryptocurrency.

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