A world without cash - anonymous currency - is coming soon. No longer a conspiracy, this plan is announced and applauded by governments, banks, and corporations. But I've always said I'd never live in such a world, so an impasse approaches. Will you join the cashless society already taking form?
I won't move my line in the sand. 7 years after first uploading this video, I'm reuploading it without edit, to reaffirm my stance (besides, it was shadowbanned by YouTube and dropped by DTube). Private currency must always be available to citizens in a free nation. We aren't free if all transactions must be tracked and recorded by the state and/or by private banks! Freedom of transaction is almost as vital a right as freedom of speech.
How cryptocurrencies fit into this remains to be seen, and I'm excited to find out!
DRutter
▶️ 3Speak
The state always grants itself more powers. Removing private currency from the people is in the state's interest. For good reason, that was seen as tyranny and slavery throughout history!
I think there are a lot of people who (for various reasons) have the same 'line in the same'. When cash is finally outlawed, things are going to change overnight.
I doubt cash will be outlawed, though. It will just be more and more inconvenient to use it outside the black market. A stigma will develop. Perhaps use of cash will be considered suspicious, and result in police detaining and questioning people more. Merchants will call for a manager to handle cash transactions as a matter of business policy. The average Joe will contentedly use a credit card for everything. And all the while, "legal tender" laws will go entirely unchanged.
You're right, that sounds about how it will probably occur. The whole "only criminals and weirdos use cash nowadays" idea will get popular.
They already don't accept cash at a lot of places. It's a gradual process, but it has definitely been in play for a while. At some point, yeah, they'll spread the idea that cash is associated with crime. It's almost that way already.
Digital currency has its place, but definitely not as the only form of currency. I love having options, I hate being told a limit for cash or debit is too passed or I can't pay for something because I need an app or a credit card or I have to buy it online or something like that.
Why does YT ban these kinds of videos? They don't break any rules. They're just.... non-mainstream. It's like anything not completely boring and pre-authorized by the system is discouraged.
Line in the sand and cashless society makes us think of sand dollar...is that punny or just a good observation?
Isn't it ironic?
some people don't take a stance on anything, and most people don't know much about money and currency. the average Canadian just wants to get drunk and watch the hockey game.
Only free markets can discover real value, not governments.
I'm guessing you wouldn't be surprised to find out I have actually bought things with precious metals-- mainstream things from people who had never dealt in metals before. Just to introduce them to the concept.
Not surprised, after learning other things about you. But that's awesome, and I thank you for doing so. I completely understand and have done that as well.
STEEM isn't anonymous at all, since every transaction is openly recorded. Bitcoin is somewhat anonymous depending on how it is used, but it is possible for users to be linked. Monero can be properly anonymous, but until the market sees the need for it, it will continue to languish as "just another altcoin" despite being completely different by design. Meanwhile, cash is king, and precious metals are always a good store of value for the future underground economy.