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Cash to become extinct as chips take off

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posted on Jun, 15 2009 @ 06:45 AM
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Originally posted by bismarcksea
Yeah but how are people supposed to pay for their illegal drugs without cash?


This is MADNESS I tell you!


Madness...

THIS! IS! SPARTA!






posted on Jun, 15 2009 @ 07:23 AM
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reply to post by camain
 


I don't believe it was Ron Paul's intention to cause this situation. Of course that now explains why after all the times he has introduced this type of bill, he now has over 220 co-sponsors. Obama wins if it passes, he wins if it doesn't.

I also hate this religious dogma that comes out of seemingly 3/4ths of the responses these threads have. Correlation does not equal Causation. Every dictator and corrupt government that has ever existed would salivate over this technology. So please leave your bible prophesies at home until angels fly in the sky and cracks in the earth give way to demons. And until JC and the Anti-Christ duke it out with lightsabers, caught on video, I'll choose my own universe to be a god in, in the afterlife.

It doesn't look like there is going to be much physical resistance to this in the states. Sure people will be pissed about it, but that will pass and become an everyday 'blessing' to most.

Can anyone imagine how bad it's going to be when someone gets mugged? Instead of just a purse or a couple 20s gone, your entire life will be gone. Your existence becomes someone else's. Not including how bad your arms are going to be torn up, and possible diseases or poison on the knife being used.



posted on Jun, 15 2009 @ 12:57 PM
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There are plenty of reasons we need to keep cash but i'll just go ahead and give one that isn't conspiracy related.

Quite simply it's to do with being on marketing databases. When you buy products with your credit card you are often entered onto databases for companies selling similar products. This ends up with you having to deal with tons of junk mail, both electronic and real life. I use cash for nearly every single purchase i make and i rarely get any junk mail through my letterbox. My father uses his credit car for everything and each week he gets tons of rubbish, it ends up in the compost bin but it's a nuisance sorting through it all.

So yep that's my non conspiracy related reason to keep cash.



posted on Jun, 15 2009 @ 02:42 PM
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I'm Greek! Cash will never dissapear no matter what happens! LOL

But seriously, cash is all I use. I don't have a wallet or a bank card and I am 24.
Why the *Snip* would you want plastic? Like, seriously, I shouldn't and will not even explain why cash is the best option for every day living.

Let the Government introduce their bull *Snip* thing, I won't follow and allot of street people will return to trading items. Hmmm, casino chips?

The problem is most of the yuppies in society will follow this *Snip*

[edit on 15-6-2009 by FlyingCupPlate]

[edit on 6/15/2009 by semperfortis]



posted on Jun, 15 2009 @ 02:53 PM
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If it hasn't been said already, our Cellphones will be our wallet.

It will be that and so much more. They are already a window into the internet and email. They can record pictures, video and audio.
They can use the GPS network and let others know where we are at all times. They are already little PCs in our pockets.

All thats really left is for them to become the standard in identification and contactless financial transactions.

I know some people think were going to get "smart chips" implanted into us.

Personally I don't think its going to be just a smart chip.

Were going to have the whole freaking phone/PDA/GPS, minaturized of course, in the form of a subdermal implant.

Say hello to virtual retinal displays.

Want a preview?

Its an anime series, but its good anime with lots of government conspiracies, false flag ops, terrorism, privacy questions, and what really makes us human questions. I present Ghost in the Shell: Stand Alone Complex www.ghostintheshell.tv...

[edit on 15/6/09 by MikeboydUS]



posted on Jun, 15 2009 @ 05:48 PM
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I already use my cellphone for paying my car parking in town. I hate getting cash because then I have to go to the bank to make a deposit (Company Account). Cheques take for ever to clear.

All my banking is internet banking. I only have one customer left who pays by cheque, so the trip to the bank. The rest pay by Internet banking, Direct Debit etc.

So for accounting purposes electronic is easier. More time to do my work and earn money.
More time in the weekends to spend with family not doing paper work etc.



posted on Jun, 15 2009 @ 05:50 PM
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There will always be things that have value other than the credits on you chip.

Imagine if you had an old painting, a masterpiece. It would have value regardless of your chip.

The same would be true for gold, silver etc.

Paper money may be useless but one ounce of gold will still have value.



posted on Jun, 15 2009 @ 06:10 PM
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Man...I go through so many phones. I lost one as I dropped it in the toilet at a concert. My son accidentally destroyed another. And then a couple of months ago, my puppy was sniffing out peppermint gum in my purse, but thought the phone looked tastier. This is going to cause me a real headache! I wonder...will the chips still work if our batteries are dead? I would hate to be stuck in the middle of a city at night, trying to catch a cab and find out I can't pay for a ride home because my battery was shot. Hmmm....Will it work in stormy weather? When you have no signal? ATT & Verizon better get on the ball and fix a few of their technical glitches if this is the wave of the future.



posted on Jun, 19 2009 @ 10:05 PM
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Central bankers in Japan are mulling the abolition of cash. Richard Jerram, a senior economist with Macquarie bank, told investors that “the proposal has become practical with the broad penetration of electronic money and credit cards in Japan,” reports the Times Online. Bankers claim the scheme will rescue the economy from another deflationary spiral.

..

Japan will become the “testing ground” for the “outré” migration from physical fiat paper money to cashless digits, according to one Bank of Tokyo Mitsubishi strategist. The plan is “in the realms of economic science fiction,” he said.

In addition of fine-tuning and tweaking the bankster control of monetary policy, the move toward a cashless society will allow the elite to control the masses to an extent previously only speculated upon in science fiction novels. The cashless society prophesized by our rulers fits right in with the choreographed move toward satellite and cellphone tracking, ubiquitous RFID chips, DARPA and NSA surveillance, the orchestrated end of Posse Comitatus and the federalization of local police and governments now well underway.


infowars



posted on Jun, 19 2009 @ 10:38 PM
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Do not worry this will not happen anytime soon, cash is to intergrated into culture and way of life.

Even when/if this comes about GOLD SILVER and PLATINUM will reign supreme, people will have ot have that anonymity which metals provide.



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