Let’s see “go cashless”....
That seems to place an inordinate amount of control in the hands of banks....
oh...who are regulated by the government.
Will you be turning in your gold and silver and guns as well?
Iceland screwed depositors instead of rescuing the banks.
less noble ends, dovetailing with the War on Cash and the imminent threat of massive bail-ins of depositor funds.
Wait, Ellen liked it in Iceland but she warns against it here? Not very consistent
Go “cashless” and you will soon find yourself “penniless.”
A computerized record of every detail of your financial transactions is exactly what both the bankers and “big brother” dream about.
Don’t think about circumventing the system because bartering will not work. For example: How do you pay your electric bill, water bill and other public utilities with chickens, labor or other means than cash? Answer: You can’t! You have to use the monetary system.
The sad fact of all if this is that history has proven that “once mentioned” it will eventually become fact. It has never failed and it will not fail to materialize in the future for we, the little people, really have no say in the matter.
I’ve been on this world for a long time and have watched changes that have occurred to our lifestyles whether we liked it or not. The most notable change was when we used to save up to purchase a major buy but when credit became the way of life we became slaves to the banking industry due to the lack of self-control. Now, the majority of working Americans don’t really own anything...the banks do. Don’t think so? Simply don’t make your monthly mortgage or loan payment and you will understand my statement.
With this new “wonderful” idea of a cashless society you not only will be even more controlled by the financial industry but the government will have instant access to all of your financial information for the purposes of taxation and garnishment.
BAD IDEA! BAD IDEA!