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The Threat for a Cashless Society

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BillMasen

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Soooo consider this good people, and consider the implications VERY carefully.

If the Demunists try to take the US economy to a CASHLESS society, which they have muted in the past, Still the $ but all transactions are electronic and digital via smart cards.

OK so far?
(A)
This WILL open up the opportunity for the demunists to introduce a TRANSACTION tax to fund their lavish social welfare programs and green deal. What this means every transaction you make buying or selling. Food, fuel, clothing, utility bills, state taxes, medical payments, garage bills, tradesmens charges, gun payments, E Bay or other online payment systems they can levy a TRANSACTION tax DIRECTLY to YOU. And you cannot avoid it because it happens at the point of transaction. In person or online.

(B)
They can then also monitor and record ALL of your purchasing history. Guns, donations to the NRA or the GOP, Books they dont want you to read. EVERYTHING will be recorded.

(C )
This will also allow them to SKIM your bank accounts like the European Union did with the entire population of Cyprus. The EU simply ordered all the banks to remain shut and turn off the ATM machines for a long weekend, During that time they skimmed an average of 10% of everyones Savings, Deposits, Current accounts, Pensions and Investments

(D)
If you fall foul of the Socialist government and find yourself listed as a Felon or Domestic Terrorist ( just voting republican appears to be enough for that these days) They can (1) Seize all your money, (2) Cancel your Card (3) Ban you from owning a bank account. Even Bitcoin wont be accessible.

The last thing patriot needs is a cash free society as it leaves the dems in control and leaves you only with BARTER to get what you need to live.

Many modern prepper folks already have considered this issue and have taken steps to invest in Gold, Silver and Barter Goods as a buffer against a worthless or voided paper dollar.
 

Amish Heart

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Most people in the cities have already gone cashless, because they find it more convenient. I don't like the tracking. But even if you're using cash in a city in a large store, there are still cameras with facial recognition. You can see where they are installed at self checkout places. And of course, with covid, if you live in a city, the grocery lines are crazy, so people are doing the online grocery pickup or delivery. I experienced all of this before we moved to our farm last summer. Now, in a smaller community, we use cash or trade. I think the only time I used a card around here was for an auto repair. Oh, and gas. We have a lone pump in our little town, unmanned. If you have a swipe card and a code from the small company that put it there, you can get gas, and get a bill in the mail. I suspect the American economy will collapse, the dollar will not be used worldwide, and a new currency will be printed and put in it's place. That'll be a mess. I don't see any other way...Biden is promising to spend trillions in free social programs.
 

DrHenley

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China requires everyone to own a smartphone which is used for virtually all transactions. If you want to buy an apple from a street vendor, you scan a QR code on your phone.
Tourists can still use other methods but they will be routinely queried about why they don't have WeChat.
 

DrHenley

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BillMasen

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Here we go...
Cryptocurrencies are already in the crosshairs of the Biden Regime.
its cos they cannot TRACK IT, GRAB IT or TAX It the hallmark of a repressive fascist state.
 

BillMasen

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Trust me on this your savings, pension pots, 401ks and investments are definitely 100% under their Gaze, And if they can get folks classed as " domestic terrorists" they WILL take the lot as proceeds of crime.
 

BillMasen

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If the Interest rate on your investments is lower than the nations inflation rate you make as well take it out now and hide in in a waterproof / fireproof cache.
 

Jayson

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Trust me on this your savings, pension pots, 401ks and investments are definitely 100% under their Gaze, And if they can get folks classed as " domestic terrorists" they WILL take the lot as proceeds of crime.
The Federal KGB will direct deposit everything they take from us into Biden’s Swiss Bank account.

 

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