what is the need of a cashless society? | |
Anonymous Coward User ID: 59193457 United Kingdom 06/14/2014 04:55 PM Report Abusive Post Report Copyright Violation | |
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Anonymous Coward (OP) User ID: 29233953 United Kingdom 06/15/2014 03:11 AM Report Abusive Post Report Copyright Violation | |
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Anonymous Coward User ID: 59261172 Canada 06/15/2014 03:16 AM Report Abusive Post Report Copyright Violation | |
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SteamrolledGobias User ID: 57782070 United States 06/15/2014 07:25 AM Report Abusive Post Report Copyright Violation | This guy has a theory. If you fuck up, they can cut off your supply to money. Quoting: RaidenX [link to www.youtube.com] did he died? or they can fill your cavities with heavy metals yes he died I think "they" took him out |
Anonymous Coward User ID: 53821038 United States 06/15/2014 08:51 AM Report Abusive Post Report Copyright Violation | Control over all the money. With cash, you can hoard and stash it, still use it without them involved. Without it, you need them for every transaction. So they can charge fees for that, like ATM fees. Also track your account. No more off the books income. It would also help them capture more tax revenue. It would make black markets hard to have. But people will figure out something else. Some cities have already been printing their own "money" -- it's more like vouchers, but it can be exchanged as legal tender. Then there's trade. There would be an uptick in bartering if we went entirely cashless. A prime commodity would be cannabis. Or alcohol. Simple goods like this would become like money. |
Anonymous Coward User ID: 59273443 United Kingdom 06/15/2014 09:13 AM Report Abusive Post Report Copyright Violation | Control over all the money. With cash, you can hoard and stash it, still use it without them involved. Without it, you need them for every transaction. So they can charge fees for that, like ATM fees. Also track your account. No more off the books income. It would also help them capture more tax revenue. It would make black markets hard to have. But people will figure out something else. Some cities have already been printing their own "money" -- it's more like vouchers, but it can be exchanged as legal tender. Then there's trade. There would be an uptick in bartering if we went entirely cashless. A prime commodity would be cannabis. Or alcohol. Simple goods like this would become like money. Quoting: Anonymous Coward 53821038 but when??! |
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Anonymous Coward User ID: 54462466 United States 06/15/2014 09:37 AM Report Abusive Post Report Copyright Violation | |
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Anonymous Coward User ID: 55703922 France 06/15/2014 11:58 AM Report Abusive Post Report Copyright Violation | Its all about centralized control. This way they can cut your access to commerce off with a click of a computer. The banksters dont want/ you to develop a commerce outside of their control and their brothers in govt need to control every exchange to tax you for it. The reason they want to account for everything is that they believe that everything is theirs so they want to make sure you dont misppropropriate it without them assessing fees and taxes. |
Anonymous Coward User ID: 55592949 United States 06/15/2014 12:01 PM Report Abusive Post Report Copyright Violation | |
Anonymous Coward User ID: 59273443 United Kingdom 06/15/2014 12:02 PM Report Abusive Post Report Copyright Violation | Money is real. We use federal reserve notes as currency. Federal reserve notes are not money. There is NO real money in use today. Real money is gold and silver. Real money has value ALL BY ITSELF. Paper is FAKE money. Computer digits are FAKE money. |
Anonymous Coward User ID: 45932415 United States 06/15/2014 12:09 PM Report Abusive Post Report Copyright Violation | Wrong. It has value because we give it value. What good is a chunk of gold unless someone else agrees to its value? If I have a sack of food and you have a chunk of gold you want to trade for it, your gold only has value if I agree to it. If I say, I don't want your shiny rock, your gold is worthless. |
Anonymous Coward User ID: 55289398 United States 06/15/2014 12:12 PM Report Abusive Post Report Copyright Violation | I don't think cash will be completely wiped out there will always be a need for someone to get paid in cash hookers drug dealers teenager mowing the lawn babysitting car wash by hand etc .... there will always be a need for cash |
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pray_Italy User ID: 59281524 Italy 06/15/2014 12:28 PM Report Abusive Post Report Copyright Violation | |
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Anonymous Coward User ID: 58351648 United States 06/15/2014 12:35 PM Report Abusive Post Report Copyright Violation | Money is real. We use federal reserve notes as currency. Federal reserve notes are not money. There is NO real money in use today. Real money is gold and silver. Real money has value ALL BY ITSELF. Paper is FAKE money. Computer digits are FAKE money. This is correct to some degree. If you were required to provide the physical currency you have as is (with out a bank supporting it) it is worth nothing but the paper it is printed on. Gold has value because it is GOLD. Water has value because it is WATER Cash has value equal to that of PAPER Bank Cards have a value of PLASTIC We all are trusting a bank to hold real currency for us. But there is nothing in the banks anymore except for hard drives, plastic and paper money. Gold is a real currency. Paper is a document in place of a real currency...which isn't even there anymore....... |