Posted on 04/08/2014 6:52:04 AM PDT by SeekAndFind
Paper currency is dirty and is a major transmitter of disease as it goes from unwashed hand to unwashed hand. It is easily lost and stolen, and can be easily destroyed by getting wet or burned.
It physically wears out in a short time and is costly and troublesome to replace. So why do we still use the filthy stuff in the electronic age?
When given a choice, people find credit cards, debit cards and bank account electronic payments more convenient than cash. In many parts of the world, payments can be made from cellphone to cellphone, with the phone companies serving many of the functions of traditional banks. Money can be stored and transmitted from and to almost any form of computer.
Also various forms of electronic money can be made more secure than paper currency. Electronic monies and payment systems do not spread disease.
Governments like electronic money payment systems that they can monitor, such as credit cards, but they don’t like nongovernment created electronic monies and payment systems that they find difficult to monitor like bitcoin. So, predictably, last week the IRS ruled that bitcoin is not money, thus the users must report the capital gain and loss against the U.S. dollar for each transaction made with bitcoins. Even with advanced software, an individual who might use bitcoins for the purchase of many goods and services will find trying to comply with the IRS an accounting nightmare.
Some 15 years ago, I wrote a book forecasting the demise of paper currency. I expected paper currency to gradually disappear like paper checks have. However, I was wrong. Rather than disappearing, the demand for paper currency is rising faster than inflation or population,
(Excerpt) Read more at washingtontimes.com ...
The decision to classify Bitcoin as an investment and not currency is huge.
If I sell a widget on EBAY for 100 bitcoins on Monday...and buy a wadjit on Amazon for 100 bitcoins on Tuesday....I have to calculate the $$ value of 100 Bitcoins on Monday and Tuesday, and if it went up, I have to pay Capital Gains taxes on the difference.
This makes it an accounting nightmare, and makes it prohibitive to use for long term savings.
There are also a thousand other reasons I don’t like Bitcoin.
Or retina scans...
When you find out, let me know. It will be a revelation to me.
Pushing harder and harder to establish he NWO with the foreign Muslim dictator at the reigns aren’t they? They want to kill The Constitution, take your guns, and be able to monitor everything you do. Sounds like tons of futuristic sci-fi films I’ve watched...
Once a conservative government is in power, they ought to seriously consider creating coinage that accurately reflects the modern world. That is:
Copper is hovering around $3/lb. So why not make a $20 one ounce, .999 copper coin? Nickel is about $7/lb, so .999 could be used for a 1 ounce, .999 $50 coin.
Silver is about $20/oz. A $100 one ounce, .999 silver coin, sealed in a tamper resistant thick plastic sleeve.
Gold is about $1300/oz. A $10,000, .999 gold coin, printed with a hologram like the Canadian Maple Leaf, and again sealed?
Sorry— had to-— maybe their “bit” would accept “coin”
But too true...the real economy runs on the paper etc. despite all attempts to control everything like some kind of neo socialist star trek of happy drones.
Touché.
But, for the uninformed:
Revelation 13:
11And I beheld another beast coming up out of the earth; and he had two horns like a lamb, and he spake as a dragon.
12And he exerciseth all the power of the first beast before him, and causeth the earth and them which dwell therein to worship the first beast, whose deadly wound was healed.
13And he doeth great wonders, so that he maketh fire come down from heaven on the earth in the sight of men,
14And deceiveth them that dwell on the earth by the means of those miracles which he had power to do in the sight of the beast; saying to them that dwell on the earth, that they should make an image to the beast, which had the wound by a sword, and did live.
15And he had power to give life unto the image of the beast, that the image of the beast should both speak, and cause that as many as would not worship the image of the beast should be killed.
16And 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:
17And 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.
The “dirty’ filthy” money that offends the liberal vegan style eater type you know. This is the pretext anyway. What a bunch of young sap headed ingrates we have who are kept so busy studying knowledge they have no discernment or wisdom...they would hnd America over and wear burqas because it would be “so cool” to take a selfie wearing a burqah while someone is getting their head cut off in sharia court land...
No cash, no black market. It’s as simple as that.
With my credit card, I can rent a room in victoria BC, but a printer ink system in Australia, rent a car in London.....
The global system you fear will not happen. The ability to make international transactions seamless and easy functions well.
See, in a free society you can use credit cards and I can use cash or the reverse. That’s a good thing. Liberals want total control EXCEPT when it comes to abortion - then they want everyone to have ‘choice’.
Cash purchases are harder to track.
I use cash as much as possible, just because.
I’ll wear latex gloves if I’m that worried about money being dirty.
It’s not just the government. Banks track where you shop and how much you spend and those things can affect your credit rating.
I have two diveorced friends right now. Both have had their ex wives clean out their accounts and intercept deposits from some court ruling they knewnothing about that was ten years old. No papers were ever served but a judgement came in somehow. The accounts were emptied and frozen. They would have been broke without cash. But the gimmedat doesn’t like that.
A non-electronic version of that system was in place for centuries. Under the banking systems of the old elite banking families, a citizen of London could travel to Frankfurt and get local currency to spend based on the money in their accounts at home in London.
The idea of international banking is centuries old, in fact, thousands of years old.
Regarding “fearing a global system”, firstly, all it takes is a simple prayer to allay my fears :), so I would not say that I’m very “afraid” of such things. Fearing the Lord provides comfort from fear, worry, etc.
Secondly, the “global system” has been in place for centuries, since international banking in it’s current form has controlled governments like puppets all during that time. The purpose of the UN, or world government bodies, is to allow financial elites to reap extraordinary profits with trade that actually has the side effect of damaging one or the other nation’s economies. Such trade would never be permitted if governments acted in the best interest of their citizens.
IMHO, Revelation 13 is clearly talking about ancient Rome, there’s no need to worry specifically about credit cards in that sense. That being said, I think it’s pretty clear that there have been various empires that have fallen over the last 2,000 years, and that America is the latest empire, that started out originally as a people that were Covenanting with God. And America as a nation has broken those Covenants and is turning away from God, and has long since turned towards being a heathen, pagan empire. No wonder, IMHO, since America has all along been financed by wicked global bankers, and America’s government has served as their pawns. IMHO, since we turned away from godly and true belief and doctrine, starting as early as the 1700’s, and this pattern has continued since, we as a nation fell prey to the temptation of dealing with the financiers. In exchange for their lending, the financiers are our masters. Ourselves being spiritually misled, we can easily be morally misled, and thus misled in terms of civil law, economics, arts and sciences, patriotism, war, espionage, education, etc. Thus I believe that empire after empire, there are parallels between ancient Rome and every empire that rejects the living God and hates his Son, Jesus Christ.
The ruling elites of today have as their headquarters the UK, which they took control of centuries ago. Of course, the UK encompasses the Commonwealth of Nations, which, combined with the EU, the US and their allies, rules “the West” on behalf of the financial elites. China and Russia, despite being the “competition”, rule their populations on behalf of the same financial elites, who finance and trade with them as well. Most people think that communism is a real movement aimed against the elites, when in truth it is exactly the opposite, it’s a movement set in motion by the elites, whereby government spending (thus borrowing from the elites and paying tax dollars to them in interest payments) skyrockets (socialism), or all independent competition is wiped out as industries are “nationalized” - which really means that they are just a single entity financed by the elites, and the sheeple basically live as new world order (think Jeremy Bentham) hamsters (communism). There’s a simple reason why British and American financial elites have always loved communism - it’s the system through which they rule and enslave much of the world’s population, the part that will tolerate such domination.
We need to covenant with God and pray that he will bring a spiritual revival, and destroy the financial elites, the wicked oppressors.
Things have evidently not gotten bad enough yet for enough people to turn to Christ. All the while, the financial elites continue to oppress the poor, enslaving them to debt, taxes, wages pushed down and consumer prices pushed up, profiting from their every move, coercing and tempting them into a life of sin and misery.
But, but, but,
I though the thrill was actually putting the bill into her g-string?
Is she going to let you hang the thermal printed reciept?
Sorry, there are just too many jokes that are just writing themselves.
The idea of going without some form a passable currency just isn’t going to fly in the real world regardless of sex workers. Someone you don’t know whats to give you a cashiers check to buy your (insert whatever here). Sorry, that’s simply not going to work.
See, that’s going to the extreme.
That’s what naysayers here always do. You can’t eat gold and the amount they can afford is so small as to be inconsequential. We will always need paper and on and on
I did not say paper would be eliminated. I said paper is a representation of an electronic ledger entry. The ledgers are the money. Some will always use those representations of money because they lack electronic access or as many here, don’t understand or are afraid of it.
The fact is, we are already in the age where paper is not used for the majority of transaction when measured in value. Drug dealers aside, money is moved in volume electronically from ledger to ledger across international borders and from hand to Walmart.
I would bet Walmart moves more money electronically in a single day than the flow of many nations.
Regarding cashiers checks, the way now is to have your bank zap it from your account directly to my account .
Strangely, Bjoern Ulvaeus (Abba member) has made the elimination of cash in Sweden his ‘cause’. Weird.
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