The government hates cash for the same reason it hates anonymity. It makes it difficult to control people. Folks are able to engage in commerce freely, something that terrifies every good exponent of greater official control over the people’s lives. So we are regularly treated to noises about banning cash. Will one of these episodes of official criticism of cash eventuate in its abolition? Perhaps.
That cash can be used to evade taxes or facilitate illegal activities is true. But as the source of of this article points out, lots of things can be used to facilitate the commission of crimes including cars, phones, airplanes, and shoes. So far, there is no serious attempt to ban those proven facilitators of illicit activities. To that list of things that are often used in committing crimes I would add politicians. But that’s probably impolite. Or at lease inconvenient.
Let’s take a look at what venerable institutions such as central banks might have in mind for us.
If they take cash away ,people will just trade things
federal reserve is Not in my constitution. get rid of money manipulation. let it work naturally
We are swiftly moving toward a system where cash will have NO value, in a world with one monetary system. You will not be able to buy or sell ANYTHING unless it is through the internet and the transaction is logged into the central database. Every PC, note book, smart phone, tablet, or whatever other electronic device the future holds will come with a built in chip scanner. Every private transaction will have to go through the system. If you sell your car to your neighbor, the sale will be through the chip reader in your mobile device and go on record. Every document that can be connected to you in any way will be in your file. You won’t even be able to buy the most basic necessities of life. No food. No shelter. No clothing. Why? Because there will be NO cash. Money will be transferred in and out of your account through the system and no other way. The technology is here and being put into place. I personally believe it will not be suddenly be forced on us, but rather sold to us, in the name of convenience. When they have 85% to 90% participation all cash will be declared worthless and the system will be made mandatory. That’s when the road will get rough. Just to help it along I believe there will be a world wide economic collapse that will make 1929 look like the glory days, and the “system” will be declared the only way out. This will cause a drastic alteration in our way of life. For quite some time now the financial industry has been steering us away from using cash and promoting the use of credit and debit cards in the name of convenience. There was one particularly blatant Target commercial depicting a check out line running like a well oiled machine, until someone wanted to pay in cash. Then the whole operation ground to a halt until after the cash transaction was done. Then it resumes its HIGHLY efficient operation. Now they are constantly touting the “smart cards” with the built in chip. This chip holds vastly more personal information than the old magnetic strip. Soon the implanted chip will be promoted heavily promising fast and easy access to all your financial, medical, and other personal information, which will be kept in a central database or network of databases. The beginning of this is all the promotion of storing our information in the “cloud”, on a computer that you don’t own and have no control over, in a location unknown to you. All this with the “promise” of security. I don’t think that the implanted chip will in fact hold all your information, rather it will be the key for you to access to the database that holds your info. This will all be promoted in the name of convenience, security, and ease of access. Once the vast majority of the people are on board with this and using this form of EFT, cash will be declared obsolete and worthless and this chip implant will be made mandatory as a total replacement for cash. Thereby ensuring that ALL transactions public or private will be monitored by the government. Once it is made mandatory it is quite conceivable that new born children will be required to receive a chip before leaving the hospital. However, considering the size of the chip, they may wait until the child has grown larger. As it is now they must receive a SS number before leaving the hospital. This too will be promoted in the name of safety and child identification. Although these are apparently positive aspects of this system, the system is incredibly vulnerable to government abuse and over reach. With a global government in control, and no one to stand against it, this system affords them tremendous power to wield over the populace. Power corrupts and absolute power corrupts absolutely. I am in NO WAY advocating taking the “mark of the beast”. I’m just warning you that we’re in for a VERY rough road ahead.
As for my comment you can replace the word “chip” with any applicable technology that is developed. I don’t claim any special insight or knowledge. This is just my own perspective based upon my understanding of scripture and my observations over 40 years as a Christian.
Not
Poor strippers.
They don’t like cash because people don’t report it on income, they loose. Just exactly what happened in Greece. No one took credit cards for anything always want cash for labor, soon economy failed. With credit and debit cards they can keep better paper trail.