[qam1]

Gold & Silver just got a lot more valuable in Israel

[2ndDivisionVet]

[Gen.Blather]

This is hysterical. I worked for an Israeli company. According to the employees the Israeli medical system ran on bribes. “Oh, the free stuff is wonderful, but if you want it now, then you have to pay money under the table.”

[seeker41]

And he causes all, the small and the great, and the rich and the poor, and the free men and the slaves, to be given a mark on their right hand or on their forehead, 17and he provides that no one will be able to buy or to sell, except the one who has the mark, either the name of the beast or the number of his name. 18Here is wisdom. Let him who has understanding calculate the number of the beast, for the number is that of a man; and his number is six hundred and sixty-six.

Tick tock, coming to your neighborhood soon.

I do not have a credit card of any type, not even for gas.

[Mr Ramsbotham]

And he causeth all, both small and great, rich and poor, free and bond, to receive a mark in their right hand, or in their foreheads: And that no man might buy or sell, save he that had the mark, or the name of the beast, or the number of his name.

I'm not generally superstitious, but the whole thing is spooky.

[Iron Munro]

Politicians are the same the world over, no matter what the political system or type of governance.

[Rennes Templar]

“Observers said that it was hard to imagine the government succeeding in this effort. “A move like this could really weaken the economy,” said one observer. “The only thing declaring cash obsolete will do is to encourage people to use dollars or other foreign currency for financial transactions. Unless the government plans on making it illegal to hold foreign currency, there is no way to get rid of cash and the problems that go along with it.”

[Red Badger]

No, we will. I have no cash already...................

[faithhopecharity]

H

Yuck!

[SkyDancer]

I thought Norway or Sweden already have.

[Travis McGee]

This will have to be adapted (and probably improved) for the Israeli market.

[SoFloFreeper]

Revelation 13 much?

[ClearCase_guy]

One way or another, crypto-cash is the future. People will exchange "value" on an as-needed basis, and no one will know who is paying, or who is receiving, and no one will know amounts. Governments will be cut out of the loop entirely, and the world will change.

It's not easy to do, and no one has done it yet, but I have no doubt that anonymous and untraceable money is coming soon -- the demand will make it unstoppable.

[BfloGuy]

As much as I admire the Israelis, the socialist streak runs deep in them.

[grumpygresh]

As the author admitted, people will just use dollars or euros. But they could certainly use bitcoins, gold, silver or barter as well. Enforcement would require a vicious and expensive police state.

[bamahead]

According to many of these officials, cash is bad – because it allows individuals to get out of their tax payment responsibilities ... In a cashless economy, all records will be electronic, and checking who makes what and how much they owe in taxes – and collecting it before it gets to their account – will be a much simpler matter, the theory goes.



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