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Visa Is Bribing Businesses to Kill Off Cash

Posted by $ Olduglycarl 8 years, 4 months ago to Economics
118 comments | Share | Flag

This has got to be the dumbest idea ever!...can you say: Carrington Event?..with our shields down 25% Captain, said Scotty...we are vulnerable to another event like that; not to mention a certain uoon from Nk or an idiot that "neverdidajob" in never never [I]ran, an EMP event at this time would shut down the world grid for years.

Whatcha gona do when the lights go out... bunkie?

Many Gulchers like the digital idea...I on the other hand, observe that just maybe this is not the time to do such a thing in total. Not until we have some technological guarantees that the grid and digital infrastructures are properly fortified.


All Comments

  • Posted by $ 8 years, 4 months ago in reply to this comment.
    They never predicted the end of the world...they just predicted the end of a cosmic year...the ending of our 12th time around...we are now starting our 13th cosmic year...
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  • Posted by $ blarman 8 years, 4 months ago
    Just as Visa would benefit with a cashless society (because they make money not on volume but on number of transactions), you can bet that the Feds are cheering them on - silent or not. It is the goal of the One World Order to eliminate cash because the resulting system is easier to control via currency manipulation and personal monitoring.

    From Visa's standpoint, the electronic transfers also provide marketing information they can sell to businesses - another revenue stream. Supermarkets and many other companies also use these "Loyal Customer" cards to track spending and for valuable BI (business intelligence). That largely goes down the drain with cash-only transactions.
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  • Posted by $ blarman 8 years, 4 months ago in reply to this comment.
    Question then: given the predictions of the Mayan calendar and compensating for elliptical drift, when is the real end of the world? ;)
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  • Posted by term2 8 years, 4 months ago in reply to this comment.
    I have been able to pay cash to check OUT, but not to check in. They want a credit card they can charge when and if they want.
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  • Posted by CircuitGuy 8 years, 4 months ago in reply to this comment.
    "Not serrating the edge of new $1 coins isn't nearly enough to be able to feel the difference."
    When you get a roll of dollars you get some of the old Susan B Anthony dollars that look quarters, some copper-colored Sacajaweas, and some copper-colored presidential dollars.

    They passed a law saying they'd produce a certain ratio of presidential to Sacajawea. Combined with some other policy that resulted in a their making way more dollar coins than people wanted, and they piled up in a huge building. They changed the law half way through the presidents. After that they only offered presidential coins to collectors. You can find some of them in circulation though.

    I think it's unfortunate they stopped it because my kids learned the first half of the presidents while collecting the coins, without even trying. They recognize their face and roughly when were president. They did the same thing with the state quarters and national park quarters. They really caused them to learn the states, where they are, and what state icons appear on the coins.
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  • Posted by $ Susanne 8 years, 4 months ago in reply to this comment.
    13 sides, and 4x as thick... maybe made of a different alloy (like the Brits do with the pound, IIRC) so it LOOKS different - maybe something like... Oooh... this is perfect... wait for it...

    REARDEN METAL??

    Light, strong, non rusting, non corroding, greenish tinged steel/copper/?? alloy, a blatant statement of value in a valueless society... I suspect, however, the mint (that believes in the power of Fiat, and we ain't talkin' cool italian cars) would NEVER go for such an obvious tip of the hat to Rand,

    There is also the whole "would Hank approve of this use of HIS creation? Likely not... but it would STILL be cool...
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  • Posted by $ Thoritsu 8 years, 4 months ago in reply to this comment.
    Definitely slower, and now sounds a Collision Alarm when it is time to pull it out, as if that part is in the top five of the transaction Praedo timing!
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  • Posted by $ 8 years, 4 months ago in reply to this comment.
    Their server or storage device needs to be non magnetic or protected in a Faraday setup...magnetic hard drives and sticks will be wiped out/ anything magnetic. A natural EMP has a good chance to effect the entire world through the poles...a humanoid made EMP will likely be regional.
    Optical is our best shot...short of writing in stone. Assuming we have a few machines left to play them...I'd stick one in a metal garbage can just in case.
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  • Posted by StevenRaketic 8 years, 4 months ago in reply to this comment.
    I have to at this point. There is nothing left to say and nothing left unsaid that I should continue trying to say because I can't anymore. I love to put myself in a tight spot just to challenge me. I don't know anything more than your average lieutenant would coming out of any branch. The only difference between me and them is that I already knew to learn everything beyond what I needed to know and their rules on a need to know basis are lacking. That is the only difference right now.
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  • Posted by StevenRaketic 8 years, 4 months ago in reply to this comment.
    That it is, but I feel that there was something important I had to say. It does not matter, because I have said it, and if you were to look on other threads and see my name then you would see it.. Therefore, I have to be at peace with myself and know that I did all that I can. It is what it is and I am what I am. I had no idea that I was in such an important position in my life. I can't even post this, try #4.
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  • Posted by $ jdg 8 years, 4 months ago in reply to this comment.
    Amen to that. Not serrating the edge of new $1 coins isn't nearly enough to be able to feel the difference.

    If they're not going to go back to making them the size of the Ike dollar, at least make them square or something so they're obviously different.
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  • Posted by $ jdg 8 years, 4 months ago in reply to this comment.
    Optical disks are not that durable. If you're really worried about EMP I suggest joining a cloud service on the far side of the world -- and encrypting everything before you store it there.
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  • Posted by StevenRaketic 8 years, 4 months ago in reply to this comment.
    IT is not like I haven't been here before. Ground hog day only I only get it for a couple days. I am not allowed to revel in it nor am I allowed to learn from it. The fleeting aspect is all I can remember.
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  • Posted by $ jdg 8 years, 4 months ago in reply to this comment.
    This is also the purpose of all "money laundering" laws and regulations. That's why I want to repeal the 16th Amendment even if we have to replace it with a sales tax. At least that won't give them an excuse to collect everybody's financial information.
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  • Posted by $ 8 years, 4 months ago in reply to this comment.
    Thanks...I saved it and will read later...my shift as building engineer at Hospice is ending soon...all's well and noting broke tonight.

    Get some rest and start your new day fresh.
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  • Posted by StevenRaketic 8 years, 4 months ago in reply to this comment.
    Nah, I am passed the knee of the curve, there is no turning back now. I love this phase even though I am only semi conscious, I can get some of the best leads from here. It is strange, I have experimented enough in this lifetime, yet I still resort to excess in order to express myself properly. Maybe it is a defect in my character or an abnormality, but I can not be completely true without being extremely messed up. I figure that is what the government instilled in me by giving me shots unquestioned and then entrusting me to not tell the enemy if I was captured. Just trying to connect the dots here, that is all.
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  • Posted by H2ungar123 8 years, 4 months ago in reply to this comment.
    Cash. ?? Crass!! already going the way of the horse & buggy...toll booths are being dismantled resulting
    in more unemployment,etc...the wheel just keeps on
    turning, and the world keeps on burning. How sad...too bad.
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  • Posted by $ 8 years, 4 months ago in reply to this comment.
    Might be time for some coffee or even better...get some sleep and awaken to a brand new day in your life...your starting a new journey, the outcome of which is completely up to you.
    I think...how cool is that!
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  • Posted by StevenRaketic 8 years, 4 months ago in reply to this comment.
    Well, f-me and 15 shots in I still can't figure out how to tag you in a post I made about my life. I guess at this point it is not important as no one has responded and no one cares. Time to work on 16-18 I suppose.
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