'Declined', again. There's money in the bank, but no way to spend it. But that's ok, its only a matter of ringing customer services - they'll sort this little problem out, won't they?
A World without cash is something that has long been the ambition of the global money masters. Such an economy has many advantages, well for those in power at least.
A cashless society means 100% traceability on all financial transactions, but more worryingly (if that didn't terrify you enough), it allows for total control over every transaction you make.
But that's not all, what is being proposed and indeed trialed around the World is not only a cashless system, but a cashless system driven by artificial Intelligence.
So to just quickly put this in perspective before we take a look at the technology itself and the ways this is being introduced around the World, this new reality being rolled out means:
- An end to casual labour for cash
- An end to the garage sales and car boot sales
- An end to casual charity box collections
- End to giving the homeless some loose change.
- Automatic tax deduction
- Automatic decline of payments which you are not authorized to make based on conditions determined by the AI system which controls your money.
- Automatic blocking of all funds if your activities are deemed 'illegal' by the state.
In a nutshell, a cashless society is designed to trace and control every financial transaction that occurs on the planet. It is the nail in the coffin for what remains of the free market, and it is the definitive security to ensure indefinite control over the money supply for the money masters.
The African Test Bed
As is often the case for so many of the intended agenda's in western society, Africa is trialing a cashless society right now.
Mastercards AI driven ‘Trust Stamp’ digital identity program was launched in 2018 and is being sold as the solution for the unbanked problem in many parts of the World, including West Africa where this new technology is being trialed.
At first glance Truststamps tokenised 'zero proofs' technology seems like a great idea. As their website proclaims:
Every human being, regardless of location or connectivity, has an established existence and a means of proving their identity without the need to share personal records[1]
and:
Access to services is no longer limited by a person’s ability to prove identity, making the opportunity for economic mobility and elevated quality of life universal[1]
Awesome, right! Who wouldn't like to see the playing field leveled and financial inclusion for all. But, as we've already discovered, Truststamp is just the financial transactional layer to this agenda.
Enter GAVI’s new digital vaccination record keeping programme, a system which tracks, stores and monitors vaccination and health records of individuals.
Integrate these digitally managed health records with Truststamp's technology and what you have is a 'Wellness Pass'.
Mastercard, in addition to professing its commitment to promoting “centralized record keeping of childhood immunization” also describes itself as a leader toward a “World Beyond Cash,” and its partnership with GAVI marks a novel approach towards linking a biometric digital identity system, vaccination records, and a payment system into a single cohesive platform.[2]
So now we have a health record keeping system linked to a payment system and the individual's unique biometrics.
In a World without nefarious entities all this would be great, but in a World where there are those who want to exploit others, this system could leave people even more financially oppressed than ever before.
In somewhere like Africa, indeed this type of technology may offer more benefits than disadvantages, for the time being at least. But this technology is destined to be implemented across the World over the coming months and years.
A globally run digital Identification system that is hooked up to every aspect of your life. With such a system in place, every single person will be entirely reliant on this mass control system to allow them to do the things they want to do.
The system will offer government policing and enforcement built in, if you do not comply with any part of the states orders, you have your abilities to survive restricted or in some cases disabled altogether.
The benefits such a technology can offer to those with a lust for tyranny is almost endless.
Social Credit Scoring
As well as health records, this digital payment system can also be hooked up to a social credit scoring system. Where your everyday social interactions and behaviours are just more variables used in the algorithm that determines just how much you can spend and what you can spend it on.
This type of system is already in place in parts of China, the following video takes a look at just how this contraversial system works:
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Most of us in the West, including our Governments and media look on what China is doing in disgust, however this model is exactly the same one which will be used across the World.
In the UK, Europe and the US though, it will be tailored in such a way that people don't see the similarities with the Chinese system and the same level of oppression it delivers, ultimately it will be the same.
Sound Money
“money that is easy to produce is no money at all, and easy money does not make a society richer; on the contrary, it makes it poorer by placing all its hard‐earned wealth for sale in exchange for something easy to produce.” - Saifedean Ammous, The Bitcoin Standard
Sound money is money that is not prone to sudden appreciation or depreciation in purchasing power over the long term, aided by self-correcting mechanisms inherent in a free-market system.[4]
Sound money is critical for any society that wishes to offer equal opportunity for all and maintain a healthy economic system that can prosper long into the future.
This is not the current scenario we find ourselves in, in fact, what we have now is the worst possible economic system you can imagine.
I urge everyone who hasn't yet watched Mike Maloneys epic series, 'Hidden Secrets of Money', do so right now. It will probably be one of the most important pieces of education you will ever recieve.
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This cashless society is to be built on the back of a currency, not money. There is no store of value in any currency over the mid to long term, every single one that has ever existed has eventually been worth absolutley nothing.
Just think of the purchasing power your US dollar or British pound has lost in your lifetime. Your dollar today may buy you a litre of milk, but that same dollar in 10 years will likely buy you no more than 0.5 litres of milk.
The best examples of sound money that exist today are precious metals, specifically Gold and Silver and Bitcoin. Each have their own advantages and disadvantages, but all offer its holder a true store of value.
Currency 2.0
Currency is not money, it is being inflated by the minute and as a result reducing its purchasing power, but now imagine this same currency made entirely digital with no physical representation.
Imagine a World where there is no quick job on the side in cash to help pay the bills in times of struggle. No quick garage sales of all your old unwanted junk to generate a little extra money, no loose change money jar to use as holiday spending money.
A World where your wealth is controlled entirely by the state, step out of line and your purchasing power could go to zero overnight.
There will be no one to go to for help, the systems being put in place are fully automated and controlled by AI technology. Algorithms have no place for exceptions to the rule, but more importantly they cannot be held accountable.
There is not a single benefit to a cashless system whatsoever, except for those who control the system and the currency supply.
I urge everyone to really think hard about the future and what this push towards digital ID's and payment systems could mean for you and your family.
It is not a hypothetical 'If it happens' either, this is exactly 'what is' happening if the majority of the public sit back and accept it.
Please leave your thoughts on this in the comments below.
Sources:
[1] modernatx.com
[2] statnews.com
[3] fda.gov
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Originally published on our website over at OYE NEWS : https://oye.news/news/technology/a-cashless-society-driven-by-ai-is-an-imminent-reality/