[Mount Athos]

I guess this is a website that is pushing gold and silver sales which I don't endorse, sorry for that. But it's an interesting topic

[SkyPilot]

The author listed all the correct “reasons” the elites are spouting to eliminate cash. Allow me to add one more: we are very close to the reign of the Antichrist, and his system will use economic control to enslave the world. Revelation 13.

[IronJack]

With the flip of a switch, a government could completely disenfranchise anyone by preventing him from buying or selling anything in a cashless society. It is the ultimate shape of a managed economy, where only those who toe the line are allowed to engage in commerce.

It is the Mark of the Beast in your wallet instead of branded on your forehead.

[exDemMom]

Some aspects of a cashless society would not be very palatable to the elite, I think.

If they removed cash, that would force those who hire illegal aliens to pay the going wage, along with benefits and taxes. That would remove their entire incentive for hiring illegals over Americans. It would also impeded the functions of those businesses that profit from slave labor (i.e. human trafficking). As a result, the elitist push to open the borders to even more illegal aliens (i.e. Democrat voters) would be severely restricted.

As long as the elites benefit by cash, it will not disappear.

[RayChuang88]

The monitoring and surveillance part is what scares people. I don't want every monetary transaction tracked to the point that the government could decide what I could buy and not buy.

[Old Yeller]

Like Obastardcare, it’s only objective is to control the great unwashed.

[BitWielder1]

Cut off power or network to a rebellious region and they won't be able to buy food.
Freeze assets of political opponents.
Publish purchases made by opponents and their families. Almost certainly something embarrassing somewhere.

[MarkL]

It’s just “Operation Chokepoint” on steroids...

If you don’t recall, OC was an illegal and immoral attempt by Barky and Holder to shut down businesses and industries with which he didn’t approve.

Simply the federal government threatening the banks and credit card companies that services those companies, and all of a sudden they can’t do business.

It’s a wonderful way to shut down legal enterprises without having to use the rule of law. So of course Barky used it.

Even to the point of using the FDIC to threaten banks that were used by porn stars, who then shut down their accounts. You may not approve of their line of work, but it’s currently legal, but something that some on government don’t like. What if Holder and Barky had used the same methods to shut down the finances of FR?

Mark

[headstamp 2]

A third party always gets a piece of every transaction.

[GOPJ]

Control over the masses

Great post - thanks Athos...

[Secret Agent Man]

If you have cash you can buy stuf big brother doesnt know about.

If you have cash big brother cant freeze your ability to buy goods and services.

If you have cash big brother cant charge you negative interest rates for just letting your money sit in your accounts.

This is exactly why.