Norway's Biggest Bank Calls For Nation to Stop Using Cash

International Business Times ^ | 1/22/2016 | Abigail Abrams

[fella]

Electronic money means you can be financially wiped out with the click of a mouse. What a great way to keep the untermench under the thumb.

[Paladin2]

Big mistake.

[Elsie]

"Today, there is approximately 50 billion kroner in circulation and [the country's central bank] Norges Bank can only account for 40 percent of its use. That means that 60 percent of money usage is outside of any control.

The key word...

[Elsie]

"There are so many dangers and disadvantages associated with cash, we have concluded that it should be phased out,"

Revelation 13:17
And no one could buy or sell anything without that mark, which was either the name of the beast or the number representing his name.

[Elsie]

...without the mark...

[Elsie]

I shudda read ahead.

[ponygirl]

Don’t pay good money for it. It’s a bunch of liberal agitprop.

[hughesm1]

Don’t think this isn’t happening, as any time you use a debit or credit card, details of what you purchased are stored in a database. These details are used by financial firms for “marketing” purposes and to give you a “better experience” (aka selling this info to marketing firms.)

[who_would_fardels_bear]

So then people will move to bitcoins, but only after it has been gamed by the very people that are currently committing financial crimes and engaging in money laundering.

And people will suffer as their bitcoins go up and down in value on a daily basis due to speculation and computer algorithms.

Yay for us!

[trisham]

Well said. I couldn’t agree more.

[EBH]

It is quite amazing to read this and the responses on this thread. I did a bit more snooping the web and found a number of country’s governments are pushing to go to a cashless system. China, India a several others that are hyping the cashless system.

Reading this and considering I and a friend are starting Dave Ramsey’s Financial Peace System through church which advocates using a CASH based system to get out of debt and get control over your cash flow...

I was thinking, the countries advocating such a system are so socialist in nature. The government can just go in and take the digital dollars.

America really isn’t all that far behind. Your digital health records, debit/phone swipe and the new chip card, and millennials love this technology too!

Also note how they are characterizing cash as evil and the cash needs to be controlled, not the crimes or money laundering. Yet some of the biggest heists have been via a click of a mouse....

[Elsie]

Some couples in our church just did Dave’s system.

[Elsie]

The government can just go in and take the digital dollars.

There was a REASON Grandpa put his MONEY in a mattress.

There is a REASON that India and China populations own a LOT of personal GOLD jewelry.

[Elsie]

Ask today’s preppers what THEY are going to be using as a value transfer medium.

[Georgia Girl 2]

Its always the same. Gold and silver.