Cash Is On The Verge Of Extinction

[Taco]

When cash is replaced with digital money your power to accumulate wealth will become a thing of the past. You can wake up and find a zero balance in your account.

Cash Is On The Verge Of Extinction
http://www.bbc.com/capital/story/201609 ... extinction

[Teal Lantern]

Laundry soap, soda pop.

[The_Adventurer]

So stay in Asia. It'll be 50 years before they could possibly eliminate cash here. Only the largest of the large malls and supermarkets even have credit card processing. Even in modern Japan so many stores are still cash only.

It's only USA and Europe that are on this serious anti-cash campaign. Here's an easy solution. Buy some gold and/or silver. Store it in Singapore. Buy some bitcoin. If you do online business, accept bitcoin. Buy hard assets, preferably outside the west.

[Taco]

A cash ban is an attempt to stop bank runs. The process is starting with large denominations, but it will be spreading to even small bills. France, India, Spain, Uruguay, even Australia have begun implementing or preparing to implement similar schemes. France has banned any transaction over €1,000 Euros from using physical cash. Spain has banned transactions over €2,500. Uruguay has banned transactions over $5,000. Eventually, cash bans will come to America too.

The Elites claim that they want to do away with $100 bills (or greater denominations) to stop money laundering or other illicit practices. The reality is that banning large bills makes it much more difficult for depositors to move their money into cash.

Indian Economy Grinds To A Halt After Cash-Ban
http://www.zerohedge.com/news/2016-11-1 ... ith-moneta

India's shock bank note ban sparks cash chaos
http://www.cnbc.com/2016/11/10/indias-s ... chaos.html

Citibank To Stop Accepting Cash At Some Branches
http://www.zerohedge.com/news/2016-11-16/

[OutWest]

A cash ban is an attempt to stop bank runs. The process is starting with large denominations, but it will be spreading to even small bills. France, India, Spain, Uruguay, even Australia have begun implementing or preparing to implement similar schemes. France has banned any transaction over €1,000 Euros from using physical cash. Spain has banned transactions over €2,500. Uruguay has banned transactions over $5,000. Eventually, cash bans will come to America too.

The Elites claim that they want to do away with $100 bills (or greater denominations) to stop money laundering or other illicit practices. The reality is that banning large bills makes it much more difficult for depositors to move their money into cash.

Indian Economy Grinds To A Halt After Cash-Ban
http://www.zerohedge.com/news/2016-11-1 ... ith-moneta

India's shock bank note ban sparks cash chaos
http://www.cnbc.com/2016/11/10/indias-s ... chaos.html

Citibank To Stop Accepting Cash At Some Branches



http://www.zerohedge.com/news/2016-11-16/

What this means would be the flourishing of private money. I already use GoldMoney....

[Taco]

A cash ban is an attempt to stop bank runs. The process is starting with large denominations, but it will be spreading to even small bills. France, India, Spain, Uruguay, even Australia have begun implementing or preparing to implement similar schemes. France has banned any transaction over €1,000 Euros from using physical cash. Spain has banned transactions over €2,500. Uruguay has banned transactions over $5,000. Eventually, cash bans will come to America too.

The Elites claim that they want to do away with $100 bills (or greater denominations) to stop money laundering or other illicit practices. The reality is that banning large bills makes it much more difficult for depositors to move their money into cash.

Indian Economy Grinds To A Halt After Cash-Ban
http://www.zerohedge.com/news/2016-11-1 ... ith-moneta

India's shock bank note ban sparks cash chaos
http://www.cnbc.com/2016/11/10/indias-s ... chaos.html

Citibank To Stop Accepting Cash At Some Branches



http://www.zerohedge.com/news/2016-11-16/

What this means would be the flourishing of private money. I already use GoldMoney....

Credit card stocks should hit record highs, Bitcoin too.

[MrMan]

So stay in Asia. It'll be 50 years before they could possibly eliminate cash here. Only the largest of the large malls and supermarkets even have credit card processing. Even in modern Japan so many stores are still cash only.

It's only USA and Europe that are on this serious anti-cash campaign. Here's an easy solution. Buy some gold and/or silver. Store it in Singapore. Buy some bitcoin. If you do online business, accept bitcoin. Buy hard assets, preferably outside the west.

Why Singapore? Is it a safe place to hide money kind of like Switzerland has been historically? I've heard that?

Btw, Jakarta has a lot of cashless purchases. The largest rupiah note in Indonesia is worth about $7.50 and prices at the mall are maybe a third to half price of what they are in the US, and cheaper outside of the malls... for food at least.

They need at least a 500,000 note if not 1 M for the IDR.

[Tsar]

When cash is replaced with digital money your power to accumulate wealth will become a thing of the past. You can wake up and find a zero balance in your account.

Cash Is On The Verge Of Extinction
http://www.bbc.com/capital/story/201609 ... extinction

The elites want that in the West because that is another aspect of Totalitarian Control they still need to implement completely. People are already use to online bill payments and credit cards and direct deposit, etc. Eliminating cash will allow the elites to remain elite and keep everyone else poorer in the mainstream economy and regular business transactions.

But why keep much money in fiat money or digital bytes? Gold and silver are universal currencies worldwide desired in every nation. Price fluctuates when measured in any given fiat currency but the weight remains the same. Also, some gold and silver aren't just a currency but a valuable collector's item that when it is placed back on the market can earn 2 times to even 7 times or more than what a person paid for the coin and these are modern coins.

I think Russia is one of the safest and best countries on the planet because they are a country that really is for their people unlike the West. That's why some elements in the West are trying to destroy Russia again (for a third time. First was destroying their monarchy, second was destroying the Soviet Union which challenged the West, now they are trying to destroy it again and end Putin's revival of Russian power).

In the end what goes down in America won't be nice and it won't end well. Even if there was only a major internal war and uprising in America, it would leave the entire country a mess and in ruins.

[Wolfeye]

The situation in the article seems like it's in very "Germanic" areas (Germany, Netherlands, Sweden- all "German-esque" type of places).

One of the problems with money of any form is that its effect hinges on actuation- something has to be DONE in response to its transfer, whether by people or machines. Its value seems to be set arbitrarily & randomly go up or down. I don't understand why one unit of whatever currency pays for something one minute, then it doesn't the next. It seems that at some point, some level of overhead decides to say "I want more." It could be the store owner jacking up prices, the suppliers, the suppliers that supply the other suppliers with machines or some such, the "raw materials people" that provide the steel to make the machines- whoever.

[HouseMD]

Buy a diverse portfolio of international and domestic land, stocks, and bonds. Problem solved.

[Taco]

This just in...

The Real Reason Why Global Elites Are Implementing a Cash Ban
http://www.zerohedge.com/news/2016-12-10/

Carrying Cash? Be Ready to Lose It
https://www.nestmann.com/carrying-cash- ... to-lose-it

Credit cards are going the way of fax machines
http://www.businessinsider.com/payments ... ies-2016-7

[HouseMD]

This just in...

The Real Reason Why Global Elites Are Implementing a Cash Ban
http://www.zerohedge.com/news/2016-12-10/

That page was already pulled because it was too much BS for even Zero Hedge to publish.

[Moretorque]

This just in...

The Real Reason Why Global Elites Are Implementing a Cash Ban
http://www.zerohedge.com/news/2016-12-10/

That page was already pulled because it was too much BS for even Zero Hedge to publish.

House your in a dream world, this Zionist house of cards is coming down. How bad it will will be is the ? When you have billionaires who have made their billions over the last 30 or so years using this system to do it through mostly monetary fraud coming out and saying run for the hills you should take notice!

Fortunately for you you have that pharmaceutical den to keep you coma toasted while you get through all this unlike most of us....