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RE: Smart "stuff" - cashless society - central banks - enough already!

in #informationwar5 years ago (edited)

The younger generations certainly like their cards. I keep telling my 17 year old to have a bit of cash just in case, as sometimes things go wrong. If she loses her metro card she can only use cash on buses. The attitude is that if somewhere has a card marching machine breakdown then they'll just go somewhere else.

Australia is planning cashless by 2020. That's next year and issues with card readers losing contact with the bank are still common. If the power goes out all electronic transfers are out with it and blackouts are common in South Australia. It feels like Australia is becoming the testing ground for everything the US wants to implement. Carp herpes virus? Test it in Australia. Cashless? See what happens in Australia. Gun laws? Use Australia as the example.

When a crash happens (Argentina, Weimar etc) cash is king. In a cashless society, you're screwed. I don't honestly think they give a damn though. So the poor starve, that's less of a population they have to reduce. How do the homeless cope in a cashless society? Any business can't be shut down, just stop them being able to accept cards.

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It feels like Australia is becoming the testing grind for everything the US wants to implement.

Not sure, I think Sweden was/is the test bed along with India. This is why I collect so many motorbikes and things, I collect anything I can in the future trade, when they crash the fiat system, I will have brand new lego sets to records to bikes, gold, silver so nothing that happens will directly affect me except for the ability to buy fuel/petrol/diesel.

We also grow most of out own food, everyone needs to start getting smart, grow food, make their own solar powered electricity, I do as I preach, not just talk. :-)

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