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Australia: War on Cash intensifies: Citibank to stop accepting cash at some branches
sovereignman.com ^ | Nov 16, 2016 | Simon Black

Posted on 11/17/2016 4:41:39 AM PST by upchuck

click here to read article

IMHO, cash is King. Always has been.

This article also available at: Zerohedge.

1 posted on 11/17/2016 4:41:39 AM PST by upchuck
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To: sauropod

Bkmk


2 posted on 11/17/2016 4:44:35 AM PST by sauropod (Beware the fury of a patient man. I've lost my patience!)
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To: upchuck

Far easier for them to seize digital money than real money.


3 posted on 11/17/2016 4:50:28 AM PST by IC Ken
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To: upchuck

Silver snd gold will be theundetground coin of those of us who do not yield to the NWO fascists.

Are you non-believers ready for the chip in your arm allowing you to buy and sell, access healthcare?


4 posted on 11/17/2016 4:50:48 AM PST by stockpirate (OBAMA MUST BE ON THE PAYROLL OF THE CLINTON FOUNDATION.)
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To: upchuck

He causes all, both small and great, rich and poor, free and slave, to receive a mark on their right hand or on their foreheads, and that no one may buy or sell except one who has the mark of the name of the beast, or the number of his name.


5 posted on 11/17/2016 4:53:17 AM PST by NonLinear (Giving money and power to government is like giving whiskey and car keys to teenage boys.)
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To: upchuck

Government sponsored Bitcoin. When the government wants to shut down the entire economy, or just target certain portions, they can do so with the click of a mouse.

What happens when the little girl scouts come to your front door? Pay her with a smart phone app? PayPal?


6 posted on 11/17/2016 5:06:16 AM PST by Yo-Yo (Is the /sarc tag really necessary?)
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To: upchuck

And when there’s a power outage....


7 posted on 11/17/2016 5:09:16 AM PST by fruser1
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To: upchuck; TADSLOS; BenLurkin; GraceG; Lazamataz
Cash will always be king.

No matter what form it takes.

Gold Coins to Bottle caps

8 posted on 11/17/2016 5:26:06 AM PST by KC_Lion (Trump's Iowa Class Battleships have come within striking distance of Hillary shores and opened fire.)
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To: Yo-Yo

“What happens when the little girl scouts come to your front door? Pay her with a smart phone app? PayPal?”

Yes. Little kids are practically born with touchscreens these days. Kid devices are waterproof, padded and for more indestructible than paper cash.

So a Girl Scout would theoretically punch in your order on her device. Then you’d review the price and tap your device to pay. I know kids in middle school already using phones to exchange cash with friends.

Payment instantly made, no change needed and you get emailed a receipt. Every transaction is traced and no way to lose it or get robbed.

There’s many advantages to a cashless system. But giving up all privacy and control to banks outweighs them IMO


9 posted on 11/17/2016 5:38:48 AM PST by varyouga
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To: upchuck

But isn’t this racists? Wouldn’t it force black people to get an ID in order to open a bank account?


10 posted on 11/17/2016 5:47:56 AM PST by Lockbox
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To: upchuck

Australia has always been at the forefront of social engineering. If a society goes cashless, then next step is a chip implant.

Never let cash die.


11 posted on 11/17/2016 5:56:13 AM PST by Rennes Templar (Sea levels are rising- from liberal tears.)
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To: Tilted Irish Kilt

Of interest.


12 posted on 11/17/2016 6:19:38 AM PST by TADSLOS (God Bless President-Elect Trump! God Bless the United States of America!)
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To: KC_Lion

Or .22’$.


13 posted on 11/17/2016 6:23:05 AM PST by Big Red Badger (UNSCANABLE in an IDIOCRACY!)
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To: IC Ken

Good way to push the world back to a barter economy.


14 posted on 11/17/2016 6:49:07 AM PST by Little Ray (Freedom Before Security!)
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To: upchuck

From my cold dead hands.

Big Brother Government will own your soul before they get finished.


15 posted on 11/17/2016 8:11:26 AM PST by bgill (From the CDC site, "We don't know how people are infected with Ebola")
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To: varyouga
Every transaction is traced and no way to lose it or get robbed.

Then you won't mind me hacking into your account.

16 posted on 11/17/2016 8:13:55 AM PST by bgill (From the CDC site, "We don't know how people are infected with Ebola")
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To: bgill

Go right ahead. Someone hacking my account was less of a deal for me than ordering lunch. The bank can see how much was in your account and instantly restore funds after 1 phonecall. Then trace who did the hacking.

That’s MUCH less big of a deal than someone stealing your stack of cash.

Of course, the problem is what happens when the bank starts stealing from you...


17 posted on 11/17/2016 8:24:41 AM PST by varyouga
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To: upchuck

These globalists are always trying to force their demonic plans down our throats.
The globalist media has suffered severe and perhaps fatal damage. It is our duty to resist this move to all digital currency.
The idea among the globalists is to freeze currency transactions at the moment of their choosing. Greece and Cyprus were crude precursor beta tests for bank closures. However, these countries were not sufficiently cashless and barter-less for a total collapse. If nearly all commerce is is digital, almost all commerce will cease if the digital currency is withdrawn. We will be worse than a heroin addict running out of heroin. A domino effect would begin starting with non-functioning EBT cards, riots, people not showing up for critical jobs (power plants, water and sewer, fire, police, truckers), and the public will be begging for martial law and food.
I think we might see another beta test. Perhaps, the globalists will do it on a nearly cashless society such as the Scandinavian countries.


18 posted on 11/17/2016 9:13:49 AM PST by grumpygresh (We don't have Democrats and Republicans, we have the Faustian uni-party)
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To: TADSLOS
(from the article):" There is a war on cash ..
This means that your politicians would have more control over your savings and fewer obstacles to impose capital controls or engage in Civil Asset Forfeiture...

Everyone benefits from a cashless society… except for you.(emphasis mine)
For individuals, cash still has plenty of important advantages.

Cash is one of the few remaining options for financial privacy that doesn’t create a permanent record of every purchase or transaction you make.
It’s also an easy way to reduce your exposure to risks in the broader financial system. "

Citibank is a commercial bank, generally not holding many individual customer accounts, with an emphasis on Corporate funds and accounts.
This is little more than an commercial banking exercise of monetary control with "more control over your savings
and fewer obstacles to impose capital controls or engage in Civil Asset Forfeiture" if you don't conform.
The best way to control dissidents is to control financial expenditures and assets; the most recent and best example is the 7 year IRS discrimination with Tea Party activists.
By denying them non-profit status, the IRS effectively denied them a funding source, income , and they financially starved them out; an exercise of governmental control.
The decision by a middle-level IRS manager, a nondescript governmental bureaucrat made that policy decision, but that decision killed a Conservative grassroots political uprising.
Any control of the population, whose income and assets are controlled by government or by the banking system, should be viewed with a jaundiced eye
since there is a revolving door from government to the banking and financials industry.
Citibank is just the start, and is an experiment to see if the population is as prepared to join the cashless society as are both government and the banking system.

19 posted on 11/17/2016 10:12:53 AM PST by Tilted Irish Kilt ("Everything HRC touches she kind of screws up with hubris.”- Colin Powell)
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To: varyouga

What about when the hackers come around and clean out your accounts? What proof do you have they even existed?


20 posted on 11/17/2016 6:59:06 PM PST by B4Ranch (Conservatives own 200,000,000 guns and a trillion rounds of ammo. If we were violent you'd know it.)
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