What is a Cashless Society ?
A Cashless society is an economic concept where financial transactions are executed in an electronic format rather using banknote.
In a cashless society, each party will have an electronic card or device which will be used to execute the transaction.
A cashless society means no cash. Zero.
It doesn’t mean mostly cashless and you can still use a ‘wee bit of cash here & there’. Cashless means fully digital, fully traceable, fully controlled.
I think those who support a cashless society aren’t fully aware of what they are asking for.
A cashless society means:
* If you are struggling with your mortgage on a particular month, you can’t do an odd job to get you through.
* Your child can’t go & help the local farmer to earn a bit of summer cash.
* No more cash slipped into the hands of a child as a good luck charm or from their grandparent when going on holidays.
* No more money in birthday cards.
* No more piggy banks for your child to collect pocket money & to learn about the value of earning.
* No more cash for a rainy day fund or for that something special you have been putting $20 a week away for.
* No more nixers on the side because your wages barely cover the bills or put food on the table.
* No more charity collections.
* No more selling bits & pieces from your home that you no longer want/need for a bit of cash in return.
* No more cash gifts from relatives or loved ones.
What a cashless society does guarantee:
* Banks have full control of every single penny you own.
* Every transaction you make is recorded.
* All your movements & actions are traceable.
* Access to your money can be blocked at the click of a button when/if banks need ‘clarification’ from you which will take about 3 weeks, a thousand questions answered & five thousand passwords.
* You will have no choice but to declare & be taxed on every Pound in your possession.
* Payment Providers Could Charge Fees.
* The government WILL decide what you can & cannot purchase.
* If the systems goes down how can you buy food, pay bills or purchase essentials.
* Negative interest rates could be passed onto Customers.
* Access to your money could possibly be blocked for your political views, Anti Government protests or views shared on Social Media.
* If your transactions are deemed in any way questionable, by those who create the questions, your money will be frozen, ‘for your own good’.
Other Disadvantages Of Cashless Society:
- Risk of identity theft.
- Risk of information loss.
- Risk of inactivity of electronic device during the transaction.
- Lack of secure internet facility.
- Less control in spending.
- Extra charge may be imposed by merchant.
Forget about cash being dirty. Stop being so easily led.
Cash has been around for a very, very, very long time & it gives you control over how you trade with the world. It gives you independence. I heard a story where a man supposedly contracted Covid because of a $20 note he had handled. There is the same chance of Covid being on a card as being on cash. If you cannot see how utterly ridiculous this assumption is then there is little hope.
If you are a customer, pay with cash. If you are a shop owner, remove those ridiculous signs that ask people to pay by card. Cash is a legal tender, it is our right to pay with cash. Banks are making it increasingly difficult to lodge cash & that has nothing to do with a virus, nor has this ‘dirty money’ trend.
Please open your eyes. Please stop believing everything you are being told. Almost every single topic in today’s world is tainted with corruption & hidden agendas. Please stop telling me & others like me that we are what’s wrong with the world when you hail the most corrupt members of society as your heroes. Politics & greed is what is wrong with the world; not those who are trying to alert you to the reality in which you are blindly floating along whilst being immobilised by irrational fear. Fear created to keep you doing & believing in exactly what you are complacently doing.
Pay with cash & please say no to a cashless society while you still have the choice. (Larry Fiske)
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