Saturday, August 24th, 2019

Problem, Reaction, Solution – How The Government Will Take Your Cash

Published on November 25, 2016 by   ·   No Comments

cash_future

Dylan Charles

Every revolution needs a good crisis in order to germinate its seed. The cashless revolution is no different. ~Patrick Henningsen

Depending on who you ask, the idea of a cashless society is either a utopia of modern convenience or an Orwellian nightmare, but recent international events coupled with stories about ATM cyber-hacks are fair signals that a major push for the cashless society is underway and will intensify.

It seems the acceleration toward a cashless society is becoming like one of an amusement arcade amid the range of novel payment devices coming onto the market. These innovative payment devices are yet another novelty enticing customers toward fully traceable and trackable digital transactions, indeed cultivating user familiarity with a variety of cashless and contactless methods of payment. ~Steven Tritton

In India, the government just banned the use of two of the most commonly used bank notes, the 500 and 1000 rupee notes (worth about US$7 and $14 respectively), and is reportedly making a move to restrict gold imports. Citibank in Australia just announced that it would no longer accept coins or notes, opting instead for digital transactions only. Denmark, however, may be the first country to go fully cashless, as its government has already begun implementing a program to move retailers off of cash, with the openly stated endgame of creating a fully cashless society.

A cashless society is “no longer an illusion but a vision that can be fulfilled within a reasonable time frame,” said Michael Busk-Jepsen, executive director of the Danish Bankers Association. [Source]

Is Resistance Futile, or Just Inconvenient?

To some, convenience and trendiness are the greatest selling points of a digital currency, but in order to make it obligatory for everyone, there must be a public safety threat included in the sales pitch, so that the government can claim that it is acting in our best interests when they force us to accept a digital currency.

Because an all-out ban on coins and bank notes is not something that would not be unanimously acceptable, to push for such a drastic societal and cultural change, a predictable game plan is being used. It’s the simple dialectic of problem, reaction, solution.

We saw this in play as the threat of terrorism was used to fundamentally change the Bill of Rights and open the door for the creation of a surveillance and police state. We are seeing this in play right now as the push to control information has been introduced as a war on so-called fake news. Now, tell-tale signs are now emerging that the same type of media push is underway to make cash seem like a risky inconvenience in the modern technological world.

Read More HERE

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