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A Zero Hedge comment
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Depends on what you mean by cashless, but I think that they're following demand rather than encouraging it. The government's interest in cashless economies is newer than credit cards, payment apps, etc. Demand predated government involvement.
I don't really care; if people prefer to use cashless payment options, that's up to them. I don't think that either cash nor cashless should be mandated. Ideally, there would be competition among currencies and payment options.
I think that's debatable. Government used to follow business when government wasn't so big. Now, government often leads the charge. Either way, all of this is too (regrettably) interconnected to say leading versus following is either/or.
Going cashless is not the problem. Governments have a problem with people using cash. Governments abuse people with asset forfeiture. See these two websites: http://ij.org/report/policing-for-profit/ and www.endforfeiture.com...if people prefer to use cashless payment options, that's up to them.
If you don't think it should be mandated, then what are you doing about it?I don't think that either cash nor cashless should be mandated.
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Last edited by NorthCarolinaLiberty; 06-20-2018 at 10:37 AM.
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..
Cashless India
The Digital India programme is a flagship programme of the Government of India with a vision to transform India into a digitally empowered society and knowledge economy. “Faceless, Paperless, Cashless” is one of professed role of Digital India.
http://cashlessindia.gov.in/
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FRNs should be based on something, otherwise it's fiat & fraudulent.
Don't need a weather man to know which way the wind blows
Why not a gold backed crypto? Seems more likely to be easily adopted than a plain crypto currency openly backed by absolutely nothing. It wouldn't be difficult to do another gold call-in like FDR did, pool all the redeemed gold under one trust, then issue a crypto that tracks the movement of that gold between buyers and sellers digitally. It's basically e-gold. The catch would be that the crypto itself can not be redeemed for physical gold, thus being gold backed but not a gold standard.
Knowing how bankers operate, I think this is the more likely outcome of the planned crypto introduction that's been ongoing for the last year.
Last edited by devil21; 06-20-2018 at 11:28 AM.
"Let it not be said that we did nothing."-Ron Paul
"We have set them on the hobby-horse of an idea about the absorption of individuality by the symbolic unit of COLLECTIVISM. They have never yet and they never will have the sense to reflect that this hobby-horse is a manifest violation of the most important law of nature, which has established from the very creation of the world one unit unlike another and precisely for the purpose of instituting individuality."- A Quote From Some Old Book
Google/Apple/Samsung/etc pay were all initiated by those companies. Square as well. They're competing with the credit card companies by offering dramatically cheaper transaction costs.
This is arguing against your point. In a cashless society, government would be less able to seize people's money through asset forfeiture. That's a loss of revenue.
I haven't authored, signed, or voted for any bills mandating it.
Without bothering to bog down in a semantic discussion, "gold backed" and "gold standard" are whatever the bankers say it is via legislation handed to Congress to pass. They change the definitions of words all the time.
1 John: "In the beginning was the Word, and the Word was with God, and the Word was God."
Ain't that the damn truth...
Another semantic discussion I'll avoid for the moment, seeing how my thoughts on crypto have been shared in the crypto subforum at length. The problem with your statement is that the coin believers falsely think "their" coins would be the chosen coin of the realm. A silly notion based in fantasy.Originally Posted by TheCount
I'm more or less projecting an outcome of a gold backed crypto based on the movements of the bankers and the ongoing death of today's fiat currency.
Last edited by devil21; 06-21-2018 at 01:10 PM.
"Let it not be said that we did nothing."-Ron Paul
"We have set them on the hobby-horse of an idea about the absorption of individuality by the symbolic unit of COLLECTIVISM. They have never yet and they never will have the sense to reflect that this hobby-horse is a manifest violation of the most important law of nature, which has established from the very creation of the world one unit unlike another and precisely for the purpose of instituting individuality."- A Quote From Some Old Book
If all money becomes digital, what happens when the Power Goes Out? *looks at Puerto Rico*
1776 > 1984
The FAILURE of the United States Government to operate and maintain an Honest Money System , which frees the ordinary man from the clutches of the money manipulators, is the single largest contributing factor to the World's current Economic Crisis.
The Elimination of Privacy is the Architecture of Genocide
Belief, Money, and Violence are the three ways all people are controlled
"Let it not be said that we did nothing."-Ron Paul
"We have set them on the hobby-horse of an idea about the absorption of individuality by the symbolic unit of COLLECTIVISM. They have never yet and they never will have the sense to reflect that this hobby-horse is a manifest violation of the most important law of nature, which has established from the very creation of the world one unit unlike another and precisely for the purpose of instituting individuality."- A Quote From Some Old Book
1776 > 1984
The FAILURE of the United States Government to operate and maintain an Honest Money System , which frees the ordinary man from the clutches of the money manipulators, is the single largest contributing factor to the World's current Economic Crisis.
The Elimination of Privacy is the Architecture of Genocide
Belief, Money, and Violence are the three ways all people are controlled
Those companies do that working intricately with government. Here is an article called VISA, Government in talks to promote cashless economy
I disagree, and governments disagree with you. Governments are constantly lamenting how cash use escapes things like taxes and activities they deem deviant. Regardless, governments are already seizing cashless assets. Here is just one example. This article is called Oklahoma Cops Find A New Way To Take People’s Money, Even If They Don’t Have Cash
What have you actively done to thwart it?
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I think the easiest way to thwart it is to tell the truth about it, its true achilles heel, and something that is actually just as much of a danger to the elite as it is to us. This thing has to be easy to remember so that others understand and repeat it. Repeat it until the Elite hear it and understand it is just as much of a danger to them as it is to everyone.
WHAT HAPPENS WHEN THE POWER GOES OUT?
1776 > 1984
The FAILURE of the United States Government to operate and maintain an Honest Money System , which frees the ordinary man from the clutches of the money manipulators, is the single largest contributing factor to the World's current Economic Crisis.
The Elimination of Privacy is the Architecture of Genocide
Belief, Money, and Violence are the three ways all people are controlled
Last edited by NorthCarolinaLiberty; 06-26-2018 at 04:27 PM.
Disrupt, Deny, Deflate. Read the RPF trolls' playbook here (post #3): http://www.ronpaulforums.com/showthr...eptive-members
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