A Cashless Society Approaches
Here are a few excerpts below; but my question is what happens when the lights go out...I mean...OUT for a long time...this is Not chicken little stuff...as we always have been but especially over the next 15/20 years...it is very likely that the whole global grid will go down...so...what cha gona do then?
It's just like the governments, the kakistocracies, to not look ahead for possible disruptions...
"Not everyone is cheering. Alderman noted that Sweden's embrace of electronic payments has alarmed consumer organizations and critics who warn of a rising threat to privacy and increased vulnerability to sophisticated Internet crimes."
"It might be trendy," said Bjorn Eriksson, a former director of the Swedish police force and former president of Interpol. "But there are all sorts of risks when a society starts to go cashless."
Despite the conveniences, even some who stand to gain from a cashless society see drawbacks. According to Jacob de Geer, a founder of iZettle which makes a mobile-powered card reader: "...But Big Brother can watch exactly what you're doing if you purchase things only electronically".
He concluded: "Liberty will be non-existent. However, it will be sold to us as expedient simplicity itself, freeing us from crime: Fascism with a friendly face. Perhaps the scariest consequence of all is that an individual can be "terminated" by a bureaucrat erasing his identity. Do not kid yourself, it will happen. Real 'Mark of the Beast' stuff".
It's just like the governments, the kakistocracies, to not look ahead for possible disruptions...
"Not everyone is cheering. Alderman noted that Sweden's embrace of electronic payments has alarmed consumer organizations and critics who warn of a rising threat to privacy and increased vulnerability to sophisticated Internet crimes."
"It might be trendy," said Bjorn Eriksson, a former director of the Swedish police force and former president of Interpol. "But there are all sorts of risks when a society starts to go cashless."
Despite the conveniences, even some who stand to gain from a cashless society see drawbacks. According to Jacob de Geer, a founder of iZettle which makes a mobile-powered card reader: "...But Big Brother can watch exactly what you're doing if you purchase things only electronically".
He concluded: "Liberty will be non-existent. However, it will be sold to us as expedient simplicity itself, freeing us from crime: Fascism with a friendly face. Perhaps the scariest consequence of all is that an individual can be "terminated" by a bureaucrat erasing his identity. Do not kid yourself, it will happen. Real 'Mark of the Beast' stuff".
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Years ago, I'd take about $200-300 a month out of our checking account via the autoteller, stash it in a dresser drawer and keep about $60 in my wallet at all times.
It's been months since I've done that, even since the autoteller limit was raised from 200 a day to 300 locally. Today, several $20's still sit in the drawer, maybe $100 worth, and I still keep about $40 in my wallet.
But I also notice that our Cash Burn Rate, now done via everyday Visa charges, auto-payments via the bank to routine bills and bank-mailed checks to other services, triggered online by me via my bank... All those payments comprise a Burn Rate of about $3,000-$6,000 per month!
Virtually no 'money' is used by me, and I essentially never carry coins in my pocket, either. They just wear out pockets. If I get change from a rare cash transaction it goes to my wife for her piggy-bank 'coin collection' which she empties once or twice a year at the automated machines at the grocery.
I don't see a 'problem' with a 'cashless' world as you seem to describe it.
As I occasionally joke to the cashier in the supermarket... "I'm waiting for the implant in my wrist that I can wave over a reader here to pay my bill"... and at the hardware store, gas station, restaurant...
So, in other words, "... and the Problem Is???"
Could it be coincidence that governments and central banks want to move in this direction at this particular time?....naw, their not smart enough for that...but they are cunning though...
The Zero Tolerance Drug Wars began with Richard Nixon. They even appointed a Drug Czar. How's that working out for them? If they had just left it alone, it would have not been worse. But the point is that "they" cannot stop anything. Crime or the lack of it -- and I prefer the lack of it -- is a consequence of social culture which is the aggregate of individual choices.
What I read here is an aggregate of paralysis, paranoia, surrender, and retreat.
Read The Fountainhead for the tragedy of Gail Wynand, He was not a nice guy. Ever. And Rand did not laud him for the virtues of Howard Roark which he lacked. Can you imagine Howard Roark leading a gang? Wynand did. Can you image Roark bullying kids? No, he wanted to be left alone. But Rand nodded to the boys in the classroom who could not be controlled, the ones with the fast fists. She was not endorsing violence and aggression. She was giving symbolic meaning to assertion.
The government only has the power that you give it. In a rational world, we all give it the power of physical force in defense of rights. Beyond that, what power do you give it? You give it free rent in your mind -- and then wonder why it has taken over the house.
I assert that they are not human in the same senses as we are or have the potential to be...in my book I identify them as: Parasitical Humanoids.
They are only 2 parts of the 3 part equation...meaning they are only a brain in a body.
Banknotes have always had serial numbers. If you have ever seen an old police drama, when they make a sting, they write down the serial numbers of the notes, then catch the criminal with those bills.
However, coins are anonymous. Right now, silver is at $15.46 (ask) and gold is at $1239.40 (ask). At any coin store in America, generic silver rounds such as the American Silver Eagle, Canadian Maple Leaf, etc., are about $20 each. For the same $20 you can get generic US silver dollars (Morgans and Peace), which have 0.773 oz (troy) of silver. The old US coins have higher demand.
Gold is also available as modern American Gold Eagles, classic US gold, modern world gold and classic world gold. You can buy 19th century UK Sovereigns 0.2435 oz gold for about 10% over spot. (If you want the spot price, buy your own 100-oz bar in Chicago.)
And there's US dimes and 1/10 oz gold and UK sterling three pence, and all kinds of small change out there. And people who will take it. You just have to ask. It won't work in a Big Box store, of course. It just depends on what you want and who can provide it. (Please do not bring up Executive Order 6102. By 1938 with gold "illegal" the Numismatic Chronicle magazine was carrying ads for gold coins priced according to the London Fix.)
In WIlliam Gibson's "Sprawl" trilogy, people trade with New Yen, demonetized notes, no longer "good" but limited in number and easy to use. Sounds like science fiction, but, in Iraq, at least for some time, maybe a couple of years, people in Kurdish areas used the last issue of Saddam Hussein. They were "worthless", indeed, but there were never going to be any more. They were counters, accounting symbols.
Read about community currencies like Bay Bucks (http://www.baybucks.org/content/direc...) and Ithaca Time Dollars (http://ithacahours.com). In poor places in Latin America, Africa, and Asia, they use tally boards for the same purpose. You can do it on a computer, but the paper is prettier.