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Visa Is Bribing Businesses to Kill Off Cash

Posted by $ Olduglycarl 8 years, 4 months ago to Economics
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This has got to be the dumbest idea ever!...can you say: Carrington Event?..with our shields down 25% Captain, said Scotty...we are vulnerable to another event like that; not to mention a certain uoon from Nk or an idiot that "neverdidajob" in never never [I]ran, an EMP event at this time would shut down the world grid for years.

Whatcha gona do when the lights go out... bunkie?

Many Gulchers like the digital idea...I on the other hand, observe that just maybe this is not the time to do such a thing in total. Not until we have some technological guarantees that the grid and digital infrastructures are properly fortified.


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  • Posted by BeenThere 8 years, 4 months ago
    "This has got to be the dumbest idea ever!..."

    It is!!!! And even more, destructive...........its purpose is control, control of every individual.

    Remember Dagny and Jeff when the train stalled.........."money in the pocket turns to confidence in the mind."

    The mind is the target...........always has been, always will be the enemy of looters, tyrants, et al
    ............destruction of the individual by destruction of the [rational] mind..............
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  • Posted by StevenRaketic 8 years, 4 months ago in reply to this comment.
    Thank you, I will. I was going to move past gravity and talk about electromagnetic force effects, but most people lose me at that point. I worked for a public utility for 8 years in bulk power management and trading because electricity does interest me. So does economics.
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  • Posted by jimjamesjames 8 years, 4 months ago
    "Whatcha gona do when the lights go out... bunkie?"

    Offer silver which I carry in my pocket, half a dozen 1/4 rounds and a couple ounces. And a couple hundred in $10s and $20s (and my Glock 19)
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  • Posted by Herb7734 8 years, 4 months ago
    You can stash cash.
    That's it in a nutshell. With interest rates so low, it becomes questionable as to any advantages to putting some of your wealth in easily retrievable instruments that bear little or no interest. How truly wealthy are you? How much precious metal do you own? They'll never be getting to know you, getting to know all about you unless you give up your cash.You wanna be controlled? If you give up your cash for convenience, you will be.
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  • Posted by scojohnson 8 years, 4 months ago in reply to this comment.
    It's also difficult to deal with, the primary reason grocery stores are happy to hand out cash-back for free from your ATM card is so they don't have to deal with as much of it (cash). Cash requires armored trucks, armored rooms on-site (no safe is large enough for a box store), counting it, errors in making change for it, etc.

    The bank will charge you a $3.00 ATM fee, everyone else will let you buy a pack of gum for 50 cents and give you as much as you want.
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  • Posted by fosterj717 8 years, 4 months ago in reply to this comment.
    Actually, records retention says only 50 years however with that being said, orthoginal storage (using quartz crystal or doped crystal technology) will last millions of years and is capable of storing petabytes of data.
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  • Posted by fosterj717 8 years, 4 months ago
    Creating such a Crony Capitalist, "cashless" society accomplishes a number of things for the International cabal and their enablers. First it will capture the underground economy (which may not be necessarily a bad thing per se), second it will secure forever the total control of the central bankers (the government doesn't care because it is the beneficiary of the unlimited ability to "borrow" and not to necessarily need to tax other than the inflation that would take place. Therefore, they would have complete ability to; make war, print money without backing, and with Obamacare, have total control over the people,

    Life would be good (for them).....lastly, once the economies of the world are fully under this iron fist of control, the Fiat money will flow like water and control will be complete.

    Freedom will be gone! VISA and the rest are fully ok with this scenario. Besides, the card will go away in a couple of years anyway to be replaced by an implant. 1984 and the Brave New World are here! Get used to it!

    For what its worth
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  • Posted by $ 8 years, 4 months ago in reply to this comment.
    Thanks for sharing.
    I will tell you that the gravitational model is on it's way out and the Electric Universe theory is gaining favor. It has been noted that the EUT is much more accurate, needing no exceptions to it's premise.
    Gravity is a weak force, like our government was supposed to be...governing best that which it governs close.
    Electromagnetism is the main force in existence...without it, existence could not exist.
    And Yes!...electromagnetic events do play havoc with the human brain...especially to the unaware, (non conscious)
    Consciousness and the Mind, (not in your head) is my specialty...the implications of which are discussed in my first book. (my first attempt at doing so...I am a much better writer now, not to mention, have continued my research)

    Check out the Thunderbolts project, Electric Universe Theory.
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  • Posted by $ Susanne 8 years, 4 months ago in reply to this comment.
    They do that in most other countries, and it just makes sense... We keep issuing paper dollars, and then issue cutesy commemorative coins almost the EXACT size of quarters, and expect people not to be confused. (I still get SBA's as quarters in change). In the EU and Britain they use a center of one color (brass or silver) and a rim of the opposite color for their €1 and €2 (or £1 or £2) and it works fine.

    My guess is the dotgov, so hooked on their fake money inflationary scheme, is worried that the (tarnished) brass they use for the current brassbucks will be worth more than the coin they represent. When you have non-fiat coinage worth 20 to 25x its face value... yeah.
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  • Posted by chad 8 years, 4 months ago
    Holding your currency in any banking institution always puts you at risk. The greatest risk is that America is working with a fiat currency which allows you to be robbed by the Federal Reserve anytime they wish no matter where you store the currency.
    Electronic currency tracking and spending is efficient and easy to maintain, but if the currency represents nothing of value then a failure of the government, fiat bank or a reorganization can pilfer any one at any time. A Carrington Event would not be a threat if there was something physical of value and you had more than one record to prove your ownership. Fires destroy paper, counterfeit destroys ownership, failure of computers can destroy ownership and governments can demand that 25% of whatever you have in the bank is now theirs (as happened in Greece) and you will have no recourse. Owning anything has always made owners subject to theft, deception, fraud and any numerous ways thieves can invent to get the thing of value. The most dangerous and heavily armed thieves in the world are governments and people join them in their efforts when promises are made to 'help' the downtrodden and provide for their upkeep. I don't think it will ever end. The contest is always to find ways to protect your property from those who would steal from you no matter who they are.
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  • Posted by $ 8 years, 4 months ago in reply to this comment.
    For some reason we don't learn about many cycles, not to mention our orbital cycle.

    I have a theory about why our orbit changes, including the other planets. It was said most recently that we are positioned above the galactic plain at this time and it seems we venture, in our procession around the milkyway, above and below this plain...so...wouldn't that change in direction in our suns travel at 433K MPH cause the planets to lag behind a bit and to catch up at sometime when our travel is straight?..Then, perhaps, when the suns direction changes again, lag behind a bit in the opposite elips...making earth farthest in orbit on 12/21 and closer on 6/21?
    Demonstrating this in a video would be amazing.
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  • Posted by $ allosaur 8 years, 4 months ago
    There is a convenience food store whose personnel trust me so well that for about 25 years I can park by the gas pump, wave until I'm seen and they will turn it on so I can fill up. I pay at the counter after after getting my favorite chewing gum and/or beer and whatever.
    Lately off and on, their computer goes down. At first they were hanging signs on the gas pumps and locking the door.
    Then the problem became so losing money repetitively frequent that they began to do business with a pocket calculator, a notebook and a sign that said "CASH ONLY!"
    I'm going to ask if that computer problem has been solved because the last time I did business there I used my debit card without any problem.
    Anyway, this store's "the computer is down" (y'all heard that one before?) problem is a small scale example why a cashless nation and especially an entire cashless planet can only court catastrophe.
    Bzzt! "I'm sorry but the computer is down."
    Me dino now imagines food riots that makes all the riots the world has seen during the last 50 years combined look like so much next to nada.
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  • Posted by $ 8 years, 4 months ago in reply to this comment.
    No your not to hard on others...things are rarely if ever, random, unless some other action or force is involved.
    I think we have the tools to measure distance from the sun accurately, however, do we measure it from surface to surface? If so, lamestream science does not believe the sun has a surface but it has to have a surface for particles to be ejected which most certainly are ejected all the time.
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  • Posted by $ Susanne 8 years, 4 months ago
    Any given time I probably have a couple hundred Euro and Rubles, and a hundred or so Pounds and Francs in my wallet... when you travel a lot, it just becomes habit, even if it's something as simple as grabbing a Panini and café or an ale between flights, you find even in a cosmopolitan airport like Fiumicino or Heathrow they look at our green currency, shrug, and say "Sorry"...

    At least it's better than when I was young, and you had to have a handful of French francs, Deutschmarks, Lire, etc... I still have my old travel wallet, and it was a major PITA...

    Cards? The first time you forget to make a travel notification, or the CC co puts th e wrong dates on them, you realize just how fragile THAT system is.
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  • Posted by $ 8 years, 4 months ago in reply to this comment.
    I did wonder if we would move faster in a closer circular orbit...that would make a Year even less than 360 days.
    I do suspect that the number of days in a year constantly changes slowly. Since the Mayan Civilization was after the flood and maybe 6 to 8K years ago, It would not be unreasonable to only gain 5 days a year since. Varying 10 days in a year through a 90K cycle would not be out of the question. However, the last time we had a near circular orbit was well before the flood which rightfully should be around 12-13K years ago if we consider the procession of the equinox.
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  • Posted by term2 8 years, 4 months ago in reply to this comment.
    Try checking into a hotel with cash. Good luck. They want some sort of credit card in order to check in. You can settle the bill later with cash however.
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  • Posted by term2 8 years, 4 months ago
    It is to VISA's benefit to get rid of cash. Cash circumvents their business model. Always the HIDDEN AGENDA. Therefore, I ignore their pleas and wont go to merchants who dont take cash.
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  • Posted by evlwhtguy 8 years, 4 months ago
    The desire of visa is going to run up against the desire of politicians to allow unfettered illegal immigration. The illegals all prefer cash. It makes it easier to hide. It would be fun to watch these two run up against each other...if it wasn't obvious that the average middle class citizen will not like any solution that they end up settling on.
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