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Old 06-20-2012, 10:26 AM   #1
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Cashless society / Media Control

Long, but good read:
http://www.24hgold.com/english/news-...ributor=JS+KIM

It starts with a 1917 Congressman, going on Congressional record, talking about how J.P. Morgan was actively buying up newspapers to control the media.

The article goes on to talk about that media power, in present day, being used to promote a cash less society.

Interestingly, towards the end, the author talks about conducting polls to find out what percentage of the population realizes how fraudulent our monetary system is currently. Five years ago that percentage was 4%, but now it is 8.2%
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Old 06-20-2012, 10:53 AM   #2
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Definitely an interesting read. There are some good points that I agree with and some that I don't, but it definitely brings up some food for thought.
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Old 06-20-2012, 10:54 AM   #3
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Interesting that the percentage has gone up, but it makes sense since a lot of folks were impacted by some debt crisis in the past few years.

The more interesting part is that no one can do much about it during their daily lives. You are nearly forced to use electronic means of transacting, since that's what everyone accepts and most people see it as "easier"...

For instance, my municipality won't even accept cash at their Treasurer's Office for tax payment! Ridiculous...

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Old 06-20-2012, 10:58 AM   #4
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Originally Posted by ADK View Post:
Interesting that the percentage has gone up, but it makes sense since a lot of folks were impacted by some debt crisis in the past few years.

The more interesting part is that no one can do much about it during their daily lives. You are nearly forced to use electronic means of transacting, since that's what everyone accepts and most people see it as "easier"...

For instance, my municipality won't even accept cash at their Treasurer's Office for tax payment! Ridiculous...

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If you had the inclination, you could probably fight that in your municipality. Federal Reserve Notes are still considered legal tender and must be accepted when paying off a debt. I have known people to successfully fight similar issues with their local town.
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Old 06-20-2012, 11:03 AM   #5
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Originally Posted by ADK View Post:
Interesting that the percentage has gone up, ...
I think the Audit the Fed movement has woken some people up.
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Old 06-20-2012, 11:03 AM   #6
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I think we have the option to do cash or check at ours. We can use a CC, but have to pay the 2.5 or 3% convenience fee if we do - even though I am sure it is more conveniet for them too since you can do it online. Highway robbery I tell ya!
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Old 06-20-2012, 11:05 AM   #7
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Originally Posted by 69mach351 View Post:
I think we have the option to do cash or check at ours. We can use a CC, but have to pay the 2.5 or 3% convenience fee if we do - even though I am sure it is more conveniet for them too since you can do it online. Highway robbery I tell ya!
That 3% is actually how much the credit card company charges the vendor when you use a credit card. It is the same reason buying PMs on a online store will always be ~3% more expensive if using a CC.
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Old 06-20-2012, 11:09 AM   #8
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Originally Posted by benjamen View Post:
That 3% is actually how much the credit card company charges the vendor when you use a credit card. It is the same reason buying PMs on a online store will always be ~3% more expensive if using a CC.
I know. It still bugs me since I really do believe that it is more convenient for them. We have a fairly high tax rate here, so it tends to sting a little more as well.
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Old 04-08-2013, 09:11 AM   #9
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Quote :
The Cashless Society is Almost Here – And With Some Very Sinister Implications
November 29, 2012 By 21wire
Patrick Henningsen
21st Century Wire
...

Enter the Cashless Currency…

It’s arguable that we approaching the cusp of that US Dollar collapse, and perhaps a Euro implosion on the back end of it. Risks of hyper inflation are very real here, but if you control the money supply might already have a ready-made solution waiting in the wings, you will not be worrying about the rift, only waiting for the chaos to ensue so as to maximise your own booty from the crisis.
Many believed that the global currency would be the SDR unit, aka Special Drawing Rights, implemented in 2001 as a supplementary foreign exchange reserve asset maintained by the International Monetary Fund (IMF). SDRs were not considered a full-fledged currency, but rather a claim to currency held by IMF member countries for which they may be exchanged for dollars, euros, yen or other central bankers’ fiat notes. With the SDR confined to the upper tier of the international money launderette, a new product is still needed to dovetail with designs of a global cashless society.

Two new parallel currencies are currently being used exclusively within the electronic, or cashless domain – Bitcoin and Ven. Among the many worries Ben Bernanke listed in his speech at the New York Economic Club last week was the emergence of Bitcoin. But don’t believe for a second that these digital parallel currencies are not being watched over and even steered by the money masters. Couple this latest trend with done deals by most of the world’s largest mobile networks this month to allow people to pay via a mobile ‘wallet’, and you now have the initial enabler for a new global electronic currency. These new parallel cashless currencies could very quickly end up in pole position for supremacy when the old fiat notes fade away as a result of the next planned economic dollar and euro crisis.

Both Bitcoin and Ven appear on their surface to be independent parallel digital money systems, but the reality is much different
. In April 2011, Ven announced the first commodity trade priced in Ven for gold production between Europe and South America. Both of these so-called ‘digital alternatives’ are being backed and promoted through some of the world’s biggest and most long-standing corporate dynasties, including Rothschild owned Reuters as an example, which should be of interest to any activist who believes that a digitally controlled global currency is a dangerous path to tread down.

The Electronic Deutsche Mark

Much is made of Germany’s prominent financial position within the EU, with a popular talking point being that, “Germany is carrying the majority of the load in ‘bailing out’ countries such as Greece in the south”. If the Euro is ‘heading south’ as many a financial commentator are claiming, then how would a country like Germany – or even the US Federal Reserve for that matter, hedge their bets with an impending currency collapse looming just over the horizon?

Economics professor Miles Kimball from the University of Michigan thinks he knows the answer:

“In short, for a smooth transition, a reintroduced mark needs to be an electronic mark. I recently made the case for the electronic dollar in a previous Quartz column, “E-Money: How paper currency is holding the US recovery back.” The trouble with paper money is that the rate of interest people earn on holding paper money puts a floor on the interest rate they are willing to accept in doing any other lending. For the US, I proposed making the electronic dollar the “unit of account” or economic yardstick for prices and other economic values, and having the Federal Reserve control the exchange rate between electronic dollars and paper dollars to make paper dollars gradually fall in value relative to electronic dollars during periods of time when the Fed wants room to make the interest rate negative. In the case of Germany, there would be no need to reintroduce a paper mark along with the electronic mark, since the euro itself could continue in its current role as a “medium of exchange” for making purchases in Germany, alongside the electronic mark. A “crawling peg” exchange rate could be used to let the electronic mark gradually go up in value relative to the euro, without causing a huge rush into the mark, since with no paper mark other than the euro itself, interest rates in Germany could be close to zero when measured in euros, which would make them strongly negative in terms of marks.”

A dollar or euro crash could be the perfect storm for the introduction of a major global digital currencies, and this will do nothing but fast-track our entry into the new cashless society.

Contactless Payments

This past year’s Summer Olympic was a beta testing exercise for a number of new programs. We witnessed troops deployed en mass for the first time to marshal the international sporting event and new facial recognition technology tested to monitor its attendees. One of the chief sponsors of London 2012 Olympic was VISA, used the event as a springboard to launch its new ‘contactless payment’ technology, acclimatising the international public to making routine payments via smartphones. VISA now predicts that this new method will carry 50 per cent of its transaction volume by the year 2020.

Mastercard has also rolled out its own version called Paypass, and Barclaycard has already implemented its own mobile phone payment chip in 2011. It conceivable here, that a bank like Barclays could one day takeover a major mobile service provider in order to streamline the endless profits it could accrue from monopolising cashless payment facilities for its customers. A recent edition of Marketing Week further explains how this is program is being rolled out:

Barclays launched Pingit this year, a mobile payment service that allows customers to send and receive money with a mobile phone number, which has sparked The Payments Council to work on a similar project. And the three leading mobile operators in the UK – EE, Vodafone and O2 – are working on a joint project under the name Weve, one of the aims of which is to develop standardised technology for ‘digital wallets’ on mobile. These industry innovations reflect the changing attitude and behaviour by consumers to cashless payments. Barry Clark, account director at Future Foundation, which identified the trend towards a cashless society in its recent report into the changing face of payments, explains that this move towards digital is a “banking nirvana” for brands, since replacing cash with electronic payments takes high costs out of the system.”

These mobile enablers will effectively cover the small services and contractor’s market for the cashless society. In addition, digital payment terminals like iZettle and Square (created by Twitter co-founder Jack Dorsey), have brought in most small traders, including taxi drivers, plumbers etc, and street side retailers – meaning that the barrier for entry into the new cashless society has been effectively dissolved.

The Socialist ‘Oyster’

The darker aspect of a cashless society, is one which few are debating or discussing, but is actually the most pivotal in terms of social engineering and transforming communities and societies. In London, the electronic touch payment Oyster Card was introduced in 2003, initially for public transport, and since that time the card has been co-opted to be used for other functions, as the UK beta tests the idea of an all-in-one cashless lifestyle solution. Ironically, and alongside biometric chipping now in India, it’s the United States, supposedly the birthplace of modern capitalism, who is beta testing its own socialist technocracy. As the ranks of the poor and unemployed grow and dollar inflation rises in America, more and more people are dependent on traditional ‘Food Stamp’ entitlements in order to feed their families. The US has now introduced its own socialist ‘Oyster’ to replace the old Food Stamp program. It’s called the ‘EBT’, which stands for “Electronic Benefit Transfer“, as a means of transferring money from the central government to people living below the poverty line. Advocate Mike Adams for Natural News describes it another way:

“EBT benefits have more than doubled during the Obama administration’s last four years, creating tens of millions of new dependents who now vote based almost entirely on who gives them the most handouts. The purchase of vitamins is specifically prohibited by the EBT program. This is done as a way to keep EBT recipients sick and diseased while suffering from nutritional deficiencies, which is precisely what the federal government wants. EBT cards create high-profit handouts to corporations, too: Pharmaceutical companies and the sick-care industry; Big Government which gets re-elected based on entitlement handouts; global banks which earn a percentage off every swipe; and even the processed junk food industry which preys upon nutritional ignorance of the poor. In fact, for every dollar’s worth of food handed out to EBT recipients under the program, at least 50 cents is driven right into the profit coffers of wealthy corporations.”

Adams has pointed out the endgame here. Where collectivist technocrats are concerned, a global digital currency is not only a means for a centrally controlled economy, but also a centrally controlled society. And as Adams also pointed out, they can even control what you eat. There’s also the small matter of the Verichip, or ‘class 2′ implantable medical devise, an RFID chip already set to be implemented through Obamacare. It will transmit medical records, bank accounts, keyless entry and much more. The technology could be a $100 Trillion industry over the coming decade.

Bottom line: We’ve got a big problem when the state can – and will cut-off your electronic financial lifeline should you fall foul of the system. No negotiations, no gray areas – and definitely no place for a free individual in this type of globalist system.

Social Networks Gradually Supplanting Real Communities


In 2011 Facebook launched its own virtual currency, which was taken up immediately by the games developer industry. Facebook created it’s own internal digital market overnight. If customers didn’t like it, they had two choices – jump ship, or stay in the biggest market place. That’s a lot of power to wield, and you can wield it if you have the big numbers.

A severe lack of choice in the world of online communities has unwittingly(or not) positioned Facebook to play the roles of not only data collector, but also as banker, retailer, archivist and governor.

As 2012 comes to a close, many people have certainly become, in one way or another, sans border citizens of the Facebook Nation. In the future, one corporation or cartel’s success in capturing a near global monopoly of membership to a particular online platform might give it the ability to dictate a digital economic mandate to both producers and consumer.

The digital data industry now claims in a recent study by fast.

MAP, that consumer confidence in sharing personal information has risen. But the reality is that most people do not know which data is being used and to who it is being shared or sold to. Most users are unknowingly trading “access” to networks, as well convenient speed of registration – for data privacy. We do this on a daily basis now. It’s a question of speculation at this point how deeply the new digital currencies will be integrated into social networking giants like Facebook, or Second Life - where users are already buying virtual property with virtual currency, but few can deny that the potential for consolidation in the early 21st century is already there.

History Will Repeat Itself

Whenever the status quo is seen as a failure, the architects of society will rarely allow the whole show to come to a grinding halt, for fear that new and non-centrally controlled organic systems of organisation will emerge. The ruling establishment will spare no opportunity to tell society this, over and over, making people truly believe that it is in their best interest to adopt whatever alternative is handed down to them. This is why, when faced with a crisis, society will almost always seek to implement a parallel alternatives, rather than rethink the whole system.

In 2008, the public had an opportunity to collapse the predatory banking system that has been trading insolvent and gambling on thin air. But the very same ruling establishment who engineered the crisis to begin with, masterfully presented their own solution as the remedy by establishing the precedent of the state bailing out any gambling losses incurred by the banking community.

In the end society relented, and with help of pro-banking political leadership on both sides of the Atlantic, they adopted the pre-packaged belief that a cluster of bloated and corrupt financial institutions were simply too big to fail. Aside from being a massive redistribution of wealth upwards into the hands of the speculative elite classes, this was merely a test by the establishment to see how far they could go in robbing the public, pushing up inflation, hoovering up real assets, robbing pension funds and enslaving taxpayers to generations of debt the bankers created – all in one swoop.

It has long been the dream of collectivists and technocratic elites to eliminate the semi-unregulated cash economy and black markets in order to maximise taxation and to fully control markets. If the cashless society is ushered in, they will have near complete control over the lives of individual people.

The financial collapse which began in 2007-2008 was merely the opening gambit of the elite criminal class, a mere warm-up for things to come. With the next collapse we may see a centrally controlled global digital currency gaining its final foothold.

The cashless society is already here. The question now is – how far will society allow it to penetrate and completely control each and every aspect of their day to day lives? …
http://21stcenturywire.com/2012/11/2...-implications/
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Old 12-09-2013, 10:44 AM   #10
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Sweden is pushing towards a cashless society:
http://news.yahoo.com/robbers-vendor...045643381.html

There are few amusing anecdotes, such as the homeless guy with a card reader and the bank robbers that mistakenly tried to rob a cashless bank.


On the other end, this is hurting the poor and small businesses.
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Old 12-09-2013, 04:49 PM   #11
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Originally Posted by benjamen View Post:
Interestingly, towards the end, the author talks about conducting polls to find out what percentage of the population realizes how fraudulent our monetary system is currently. Five years ago that percentage was 4%, but now it is 8.2%
I read somewhere that it only takes 10% of a population to change the ideologies of the entire population, so get the word out! We're only 1.8% shy of victory.
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Old 01-26-2016, 11:14 AM   #12
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Quote :
China's central bank wants to launch its own digital currencies to cut the costs of circulating traditional paper money and boost policymakers' control of money supply, the People's Bank of China (PBOC) said on Wednesday.

A PBOC research team set up in 2014 to look into digital currencies should make preparations for launches, according to a central bank statement posted on www.pbc.gov.cn.
...
http://www.reuters.com/article/us-ch...-idUSKCN0UY1JT

Quote :
China’s central bank Wednesday announced that it will try to issue digital currency “as soon as possible.”

A team in the central bank is examining domestic and global experiences.

Digital currency costs less in circulation than traditional paper, facilitates trade, boosts transparency, and cuts money laundering and tax evasion, according to the People’s Bank of China’s (PBOC) statement at a conference on digital currency.

They will improve the central bank’s control of currency to better support development, and bolster new financial infrastructure and complete payment systems, it added.
...
http://www.livetradingnews.com/peopl...ncy-129831.htm

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Old 01-29-2016, 05:46 AM   #13
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There's a restaurant near me that doesn't accept cash. Do you guys think I should try to convert him, or should I just throw rocks at his windows?
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Old 01-29-2016, 07:25 AM   #14
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I think it's pretty clear that situation demands a hunger strike protest on their doorstep with crudely constructed signs.

Unfortunately, there are a lot of people who do what is convenient without a moment's thought to the greater implications of what they are doing (or implicitly supporting).

Same dynamic (though not a straight comparison) as the WWII era German people who turned the other cheek while evil festered in their midst.

But seriously, without a critical mass of educated citizens, effecting change before a painful lesson hits everyone will be almost impossible.
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