A cashless society is what they get in 2023, all they need to do is to declare cash as worthless, close the ATMs and have banks and store stop accepting cash as payments and the cashless society is defacto standard.
I've seen it myself in the cashless part of Europe. If it wasn't for cryptocurrency banks would be the only available payment option. Not saying that you should stop using cash, keep using cash as long as it's allowed, it works great with crypto. Use cash as long as it's an accepted method of payment and use crypto as the digital alternative. Just avoid the banks and you'll be fine.
If they ‘end’ it they lose control of it; it will still exist and be traded
In the “cashless” part of Europe if you pull out a fat stack of American hundred dollar bills, they don’t laugh and turn away.
If they go cashless, for a while people will turn it over for online fiat but many won’t and in the years after that small amount of existing cash will be traded as hard currency, with huge inflation and no way to ever know how much cash actually exists: just like how the $1000 bill is technically not valid anymore but criminal rings still use it to transfer wealth.
Yea on the black market, but many sheep stays away from the black market solely because they are scared. It'll also be hard to verify, and the day someone figures out how to counterfeit them hyperinflation is ensured.
There needs to be alternatives, something that cannot be counterfeited, preferably physical and with similar properties as cash and gold.
The sheeps would fall in line by the time the elites moved us to a totally cashless society, I think.
Your point about counterfeiting stands; it’s possible the government would “salt the earth” by printing infinite money or releasing the technology or auctioning the equipment after the initial “turn in your cash” phase.
At that point I figure it’s back to gold and silver
A cashless society where big banks is the only alternative, or a proprietary cryptocurrency they created with additional properties that give them all the control unlike real cryptocurrencies. We can defend cash all we want but I'm afraid they'll get rid ocash eventually, remember who owns the money printers. Find alternatives before it's too late.
No cryptocurrency. A cashless society is EXACTLY what they are after.
A cashless society is what they get in 2023, all they need to do is to declare cash as worthless, close the ATMs and have banks and store stop accepting cash as payments and the cashless society is defacto standard.
I've seen it myself in the cashless part of Europe. If it wasn't for cryptocurrency banks would be the only available payment option. Not saying that you should stop using cash, keep using cash as long as it's allowed, it works great with crypto. Use cash as long as it's an accepted method of payment and use crypto as the digital alternative. Just avoid the banks and you'll be fine.
Cashless is a myth
Cash exists
It’ll always exist
If they ‘end’ it they lose control of it; it will still exist and be traded
In the “cashless” part of Europe if you pull out a fat stack of American hundred dollar bills, they don’t laugh and turn away.
If they go cashless, for a while people will turn it over for online fiat but many won’t and in the years after that small amount of existing cash will be traded as hard currency, with huge inflation and no way to ever know how much cash actually exists: just like how the $1000 bill is technically not valid anymore but criminal rings still use it to transfer wealth.
Yea on the black market, but many sheep stays away from the black market solely because they are scared. It'll also be hard to verify, and the day someone figures out how to counterfeit them hyperinflation is ensured.
There needs to be alternatives, something that cannot be counterfeited, preferably physical and with similar properties as cash and gold.
The sheeps would fall in line by the time the elites moved us to a totally cashless society, I think.
Your point about counterfeiting stands; it’s possible the government would “salt the earth” by printing infinite money or releasing the technology or auctioning the equipment after the initial “turn in your cash” phase.
At that point I figure it’s back to gold and silver
A cashless society where big banks is the only alternative, or a proprietary cryptocurrency they created with additional properties that give them all the control unlike real cryptocurrencies. We can defend cash all we want but I'm afraid they'll get rid ocash eventually, remember who owns the money printers. Find alternatives before it's too late.
Already found alternatives yrs ago: gold & silver.
Fair enough, as long as you know places that accept it. Otherwise it's still a great store of value.