Posted on 11/11/2021 3:27:18 PM PST by Hojczyk
“If governments around the world could completely remove coins and paper currencies from the markets today, they absolutely would,” Brown said. “And the motivation is really simple: Most of the cash transactions that take place governments can’t see.
They can’t track. They have to trust that a business is going to pay taxes on those transactions. They have to trust that somebody that might sell their car in cash is going to report the sale and pay tax on that transaction. But so many of these transactions go unreported. And so there is a very material motivation for governments to be able to see, analyze, track, and tax every transaction.”
The pandemic became a catalyst for “contactless transactions,” as businesses increased the use of phone apps and direct credit card payments in order to limit physical interactions.
“There was a major push to make these things not only simple to use, but also in many cases required to use,” Brown explained.
However, this is “just the very first step” in the Great Reset’s cashless society, he said.
“The next step is to move to a digital version of the U.S. dollar. Some people have referred to this as something like the Fed coin, where we use technologies – specifically blockchain technology – to create a digital version of the U.S. dollar.”
The government – and the IRS in particular – is “deeply motivated” to create a Great Reset cashless economy because such a system lets government officials “track every single transaction,” “see how every dollar is spent,” then “tax every single transaction,” Brown explained.
“It is an ultimate ability for a government to have centralized control over its monetary policy – how it’s distributed and how it’s taxed,” he added.
(Excerpt) Read more at breitbart.com ...
Well at least on the bright side, bums won’t accost you anymore if they know you don’t carry cash.
I was going to deposit all of the change in my change jar, but maybe I’ll hang onto it instead.
Hey, for once, I just might be ahead of the curve...I’ve been cashless for almost my entire life!
Businesses get to keep more money when you pay with cash
https://www.amazon.com/Perfect-Police-State-Undercover-Surveillance-ebook/dp/B08HLP668T
The Perfect Police State: An Undercover Odyssey into China’s Terrifying Surveillance Dystopia of the Future
The AR
5.0 out of 5 stars A must read for anyone who values freedom and basic human dignity.
Reviewed in the United States on July 25, 2021
Verified Purchase
I’m afraid that in 20 years we’re going to wish we’d all read this and done more when we had the chance. A truly terrifying examination of the human rights abuses being systematically imposed by the modern Chinese communist regime. Also, a warning to us in the western world to be aware of the technology we allow into our lives. An absolute must read.
Already happing in China...using U.S. technology..
Time to go panning for gold, FReepers!
An AR?
also negates the need for camps. they just cut you off financially
and public health crises will solidify their control
current public health crisis is the “pandemic” vaccine mandate
next public health crisis: gun violence
followed by golbal warming
It’s the only way they think they can check the hyperinflation.
Unless it is real silver coins it will be worthless. No one will tale it otherwise
Can you say “barter”, boys and girls? I knew you could.
Government is made up of idiots.
I do have 5 silver dimes.
Knotts’ Berry Farm (CA/Cedar Fair Corp.) going “cashless” this month...(kids cannot buy anything easily?!?) I won’t support them unless they go ahead and allow crypto transactions as a substitute for USD/cash.
https://attractionsmagazine.com/knotts-berry-farm-going-cashless-starting-nov-15/
14 million people 6% of the population have no bank account.
Pre-millennial Christians were predicting this back in 1976 and we were poo-pooed by unbelievers. Today it is coming quickly to the place where people understand us when we say, “If you think things are bad now, just wait until the Tribulation period starts!”
They'll have smart phones with CashApp, Venmo, and PayPal accounts.
“They have to trust that somebody that might sell their car in cash is going to report the sale and pay tax on that transaction”
Rarely would individual sell a car at a profit....
Can you say “barter”, boys and girls? I knew you could
Better than cash, after all wealth is just stored up labor.
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