Why do I not want a cashless society?

From the off let me say that I wrote before, that I would prefer a localized bank system - owned and controlled by local people, not banksters, not central banks.

So I was reading this article today, with a central banker quoted heavily in it, with regards to going cashless and governments taking full control of the digital money, whilst the evil central banksters still want to play at the party.

Simone Rensch looks at whether state-backed digital currencies are the future and cash a thing of the past.

“Money itself is changing,” IMF chief Christine Lagarde said in a speech in November last year. Addresing the Singapore Fintech Festival, she asked: “In ten, twenty, thirty years, who will still be exchanging pieces of paper?”
Electronic payments are becoming the norm. Signs now say ‘card only’ in many shop windows and we can pay for low-value goods with a simple tap of our card or even our phones thanks to a range of mobile apps.

Please take time to read the whole article here, before reading the rest of my article, if you would.

I know the younger generation are keen to pay with "smart" phones, though "smart" anything is not sitting well with me anymore. Take the devil googles Alexa, and it sending (why did it have them in the first place) 1,700 recordings of someones conversation in their own home, and sending them to a complete stranger 1 Here. 2 Here

Then add in smart TV's admitting to sending recordings of private conversations from peoples living rooms, to "3rd parties" who they will not allow you to know who they are here. And you start to get the picture.

From the original article it states as below.

Such digital currency issued by a central bank would be a liability of the state – as cash is – rather than commercial banks or private payment providers. She added that a state-controlled digital currency would have “clear advantages” and could fix the financial system in ways the private sector can’t.
“Central banks would retain a sure footing in payments,” she highlighted.

Why do I have a problem with central banks? Most if not all wars are financed by them, they profit even if they fund both sides, as interest is always due upon payment back to them. Add in all the corporations tied closely to central banksters like Raytheon, BAE Systems, Boeing, Lockheed Martin, all of which make billions from endless wars, and you get the picture.

With a cashless society people will not have cash to hand. If you look at China and the new system they are rolling out, where if you dare to criticize the government, your credit is turned off, you will see the potential a cashless society has with regards to keeping everyone inline, no matter how draconian any government becomes, dare to speak up and bam, you have zero credit, you lose your job, and they even put a recorded message on your phones ringtone, warning people that you are the enemy of the state here.

From said article below.

People who waste money on non-essentials or behave “badly” are penalized under the controversial new ranking.

The Chinese government is building an omnipotent "social credit" system that is meant to rate each citizen's trustworthiness. Source.

Other worrying words from said original article below.

As most digital currency transactions would be recorded on a single centralised ledger, the central bank or government would be able to see where money is flowing to, which could help tackle corruption, Gary Nuttall, a blockchain consultant, tells PF International. A digital ledger, where you can see money flows in real time, would be “a very fascinating thing for a government” because they could spot illegal transactions and financial activity, he says.

We already know from the "Panama papers" that officials and the ultra wealthy including government members, put their money in tax havens to avoid paying tax, whilst demanding everyone else does. Giving them control of the ledger so they can watch everyone else, does nothing to bring their actions to the forefront to curb "them" and their dodgy dealings. Take Trump and Clinton, what do they have in common? Well they share the same address. Why? It is a tax haven address Here - Trump and Clinton share Delaware tax 'loophole' address with 285,000 firms.

Getting rid of the "one rule for them & another for everyone else" is imperative, or the imbalance with regards to the 1% owning most of the worlds wealth will never be redressed. The Richest 1% Now Own More Than 50% of the World’s Wealth.

Before you consider running head first into a "smart home" take time to consider who is listening to you. Say you want to avoid paying a small amount of tax to your loved one, may get you a knock on the door or worse still if all other countries roll out the Chinese system. Think about the 1980's movie/film back to the future, where MR Mcfly gets sacked from his job after agreeing to be in on a deal via a video call, and you get the picture full well.

Stay smart, keep some cash, and refuse to be bugged at home, and always stash some gold, silver and valuables, you never know when you may need them.

@shepz1 drops the mic and hands it over to you "smart" ones out there below.

Images pixabay.

Edit, and you think it's not listening?

Alexa Just Interrupted A Tech Executive At CES And Said "That's Not True"

Source