I am afraid of this, the direction our world is taking.
Without appearing to be, we are heading towards a total dictatorship that of the banks
For some time politicians have been trying to eliminate cash.
It is not new but it passes unnoticed, already 4 years ago a French newspaper titled: "Cash could disappear in 2020 in Norway"
The proposal to get rid of the cash was made by an association of 200 financial institutions in the country. But already a year ago the Israeli government was studying the possibility of removing cash
Little by little ... They begin by forbidding to move with more than a certain amount of money (To date 10K € in France I believe). And since 2015 in France the Interdiction to pay more than 1000€ in cash to a vendor/trader or you have to pay a 5% tax repartitioned between buyer and seller.
Reason invoked: to prevent tax evasion and trafficking of all kinds
And when talking about fraud and trafficking everyone applauds and don't looks further
And then anyway we say we never walk with as much money but it's a first step ...
Then they do all the transactions coming from a government organism (social minima, unemployment, insurance, taxes, etc.) to a citizen and vice versa to be done by bank transfer. Well-on the banks are taking a percentage on each transaction.
Private companies also use bank transfers as this is the ease for the company and the consumer.
Consumers also use their credit cards, again ease.
(I also have a credit card and I use it)
You are going to say that I am a killjoy but yet it is this easiness that allows them to remove little by little the cash.
Payment without contact or with phone ...
And they say no more cash no more robbery. This is totally false when you see the fiability of the informatics system there is always a flaw somewhere
Under cover of ease and security everything that is supposedly done to make our lives easier is done to better monitor us.
It was long ago when you put your savings under your mattress.
It is a brutal reminder of what we have become: consumers, nothing more.
Consumers who, to consume must pay for it from their work.
Labor money represents only the right to consume and it seems that the real owners of the money-product package want to reinforce the control over the management of this binomial, man becoming a simple parameter.
What seems like a good plan, is actually more than that, but for bankers. It is even a plan of hell, thanks to which they can manage all the crises. By switching to a digital payment method, they can increase or decrease consumption depending on the economic situation.
According to ** Zero Hedge **, it is enough to tax the assets to incite the expense and vice versa.
Be vigilant because the day when there is no more cash, you can not do a transaction without the government knowing it . They will know everything, if you buy a used car to your neighbor, if you lend 50 € to a friend ...
So it does not look very bad, but as I said it's one more step towards mass surveillance.
So let us be vigilant because the politicians have already talked about it, their project is already on the march, it was explicitly said that it wanted to remove cash in the future decade / decades.
And if this were to happen the cryptocurrencies may be our only way to escape this.
It is for this reason that I advise all to inquire about the most secure, anonymous, and decentralized cryptocurrencies possible.
Besides, according to you, what are these cryptocurrencies ?
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And sorry for my bad english it's not my first language
Source :
Picture from : http://www.dmnews.com/dataanalytics/big-money-for-big-data-marketers-will-spend-115-billion-in-2015/article/400585/
Some info taken in this article: https://group.bnpparibas/actualite/monnaie-espece-disparition