Oh, how we love the convenience of our debit cards. It’s great to not have to carry around cash all the time only to find ourselves short from time to time. Yank out that debit card and wholla…. all is taken care of.
What’s in your wallet? Probably debit cards and little or no cash.
This is no coincidence, it’s all part of an agenda being promoted by financial interests of the world who are now engineering the financial storm sweeping the globe today to consolidate and control your every activity.
Once you have been fully integrated into the cashless society, they can charge you $5, $10 every time you use your credit or debit card, they can charge you when you transfer your paycheck into your account, they can regulate and track everything you do.
But, consider the downsides of not transacting purchases with cash and instead using that debit card or other mechanism in a cashless society.
Your transactions are generally private when using cash. When you use debit cards or other electronic technology, that transaction is NOT private. We are witnessing today an ever increasing loss of privacy. Your transactions are increasingly being catalogued and tracked by government/corporate entities.
Once we relinquish cash in exchange for some cashless mechanism, we give up control. More importantly, we give that control to a faceless government/corporate entity that can determine how and when we make purchases.
Built with the assistance of U.S. based Google, the Chinese government is rolling out a Social Credit System with a single system-wide social credit score for each citizen and business. Once implemented the system will manage the rewards, or punishments, of citizens on the basis of their economic and personal behavior. Some types of punishments include: flight ban, exclusion from private schools, slow internet connection, exclusion from high prestige work, exclusion from hotels, and registration on a public blacklist.
In a cashless society combined with a social credit score, people that have not achieved a certain score may not be allowed to purchase certain items while others that have performed more in line with technocratic mandates are allowed to more freely purchase. Technocrats see a cashless society as a way to end underground economies that are essential during tyrannical upheaval.
One panelist at the 2021 Financial Markets Conference held by the Federal Reserve Bank of Atlanta encouraged the Fed to abolish cash and to use a serial number lottery system to take dollars out of circulation.
The End of Cash as we know it.
We’ve gotten pretty used to the cashless society presented up to this point. Are we now ready for the next step in the evolution of money?
Programmable subcutaneous implants could contain biosensors used for electronic tagging similar to what’s going on with the Chinese social credit scoring system. Whenever anyone wanted to buy or sell something, he could be required to wave his hand over a scanning device that would read the chip, identify the buyer or seller, and validate or invalidate the sale.
Imagine the convenience of not only not carrying cash but you won’t even needing your debit card. Currency as we’ve known it is about to change again, thanks to the digital age.