[From article]
But no one is going to put their money in banks! Not if it means negative interest rates.
Don't worry. Governments will rise to the occasion and soon will be making cash illegal. People will be forced to put their money in banks or the market, thus rescuing the central governments and the central banks that are incestuously intertwined with them.
Beyond that, cash is probably the last arena of personal autonomy left. It can be spent anyway one pleases, with no one watching. It can be hidden from the government to avoid taxes. It can be used to engage in transactions of a semi-legal nature. It has power that the government cannot control; and that is why it has to go.
Of course, governments will not tell us the real reasons. Might provoke a reaction. We will be told it is for our own "good," however one defines that. It will be sold to us as a benefit. Millions of smartphone users are being seduced to take advantage of the convenience of Apple Pay; and indeed it is convenient, until you lose your smartphone.
[. . .]
Side stories will inform us that mugging is down. Crime is finally being defeated. What won't be reported will be that hacking will shoot up. Bank fraud will skyrocket.
[. . .]
Conservatives will be told that no cash puts a damper on drug transactions, and social crimes, such as prostitution. Illegal aliens will not be able to get work. The media will be replete with tales of such wonder working miracles during the transition.
Be assured, however, that criminals, ever innovative, will find a way around problem. Escort Agencies now take credit cards. Muggers will soon concentrate on jewelry and smartphones, especially those with Apple Pay accounts.
[. . .]
The real purpose of a cashless society will be total control: Absolute Total Control.
The real victims will be the public who will be forced to put all their wealth in a centralized system backed up by the good faith and credit of their respective governments.
[. . .]
The end result will be the loss of all autonomy. This will be the darkest of all tyrannies. From cradle to grave one will not only be tracked in location, but on purchases. Liberty will be non-existent
However, it will be sold to us as expedient simplicity itself, freeing us from crime: Fascism with a friendly face.
Perhaps the scariest consequence of all is that an individual can be "terminated" by a bureaucrat erasing his identity.
http://www.americanthinker.com/articles/2016/02/here_comes_the_cashless_society_.html
February 8, 2016
Here Comes the ‘Cashless Society’
By Mike Konrad
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