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Showing posts with label Cashless Society. Show all posts
Showing posts with label Cashless Society. Show all posts

Saturday, September 21, 2024

UN ‘Summit of the Future’ Contract Reveals Plans for ‘Cashless Society’ and Total Financial Control

 

UN ‘Summit of the Future’ Contract Reveals Plans for ‘Cashless Society’ and Total Financial Control

Fact checked by The People's Voice Community

Wednesday, March 4, 2020

WHO Urges People To Go 'Cashless' Because 'Dirty Banknotes Can Spread The Virus'

It looks like the Chinese started something...
Following reports that Beijing had "quarantined" dirty cash, the WHO warned on Monday that the virus could survive on banknotes, potentially spreading Covid-19 within communities, and across the world. To reduce the risk of being infected by money, the NGO advised citizens in countries struggling with outbreaks to favor digital payments when possible, the Daily Telegraph reported.
That the WHO is telling the public to avoid cash is hardly a surprise: research has found that coronaviruses have been found to live on surfaces for as long as 9 days.
During the statement, a WHO spokesman referenced a Bank of England study claiming that banknotes "can carry bacteria or viruses" and urged people to wash their hands. Other studies have shown that 90% of US $1 bills had bacteria present, and one Swiss study found that viruses had survive on the faces of Swiss francs for days.

The WHO's warnings follow the People's Bank of China last month started disinfecting currency deposited at Chinese banks using ultraviolet light, before quarantining the bills for a week before releasing them back into circulation.

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Thursday, December 7, 2017

Warning: ‘They Need The Markets To Implode’ To Usher In Cashless System

Mac Slavo
December 7th, 2017
SHTFplan.com
 
Market analyst Lynette Zang predicts in the next market meltdown, “real estate, stocks, and bonds will all crash.” When asked when this will happen, Zang says, “Enjoy your Christmas,” but in 2018, all bets are off.
Greg Hunter interviewed Lynette Zang, Chief Market Strategist at ITMtrading.com, and her assessment of the 2018 economy is dire.  Zang predicts, “In 2018, I don’t think they can hold these things together. I think we will see a major market correction in 2018. When that happens, that will cause the derivative implosion. We have to feel a lot of pain. . . . I think we are going to go into hyperinflation, and I think we will start to see that in 2018 because I think we will see these markets implode. I think we will see QE4 (money printing) for sure. . . . We have QE right now propping it up, according to the Fed’s own documents.”

Zang says ever since the 2008 meltdown, the elite have just been buying time to set up a debt reset.
“I am 100% certain we are in the middle of a money standard shift.  Ultimately, they need the markets to implode. . . . In 2008, the debt based system broke.  It died, it was done.  The central banks, globally, put it on life support, and they have to create a new system.  In my opinion, they want us cashless, and they want everything in digital form.  They want to dematerialize wealth at least for the masses.  I am 100% certain that this Bitcoin craze, and all of this, is about getting people used to digital currencies.  So, when they shift us from the debt based system to the digital system, we are more comfortable with it and more familiar with it.”
But this crash is still going to be painful for most because the central banks won’t simply give up their power.
“They are not going to give up their power just like that.  We’ve had a great run, and now it’s your turn.  Hey, population, yes, we’ve taken 96% of your wealth, but here we’re going to let you have this piece.  It doesn’t work like that.  The system doesn’t work like that.”
You can prepare for the coming market crash, but most don’t even know it’s on the way. But preparing should include purchasing physical gold and silver to “hold your wealth.”
“After you have a major implosion, all confidence is lost.  What if we have a grid implosion?  You won’t have access to your Bitcoin.  You are going to need barterable silver, and you are going to need physical gold.  You can always convert real tangible money into any good, service or any other currency.  The true value of gold, if they did the reset today, is north of $9,500 per ounce.  That is a very conservative number.  Before the reset happens, the higher the debt amount and the higher the derivatives amount, the higher that gold price goes.”
Most experts and history tend to agree that precious metals are the best way to protect yourself against the coming market crash.
 
Author: Mac Slavo
Views: Read by 2,769 people
Date: December 7th, 2017
Website: www.SHTFplan.com
Copyright Information: Copyright SHTFplan and Mac Slavo. This content may be freely reproduced in full or in part in digital form with full attribution to the author and a link to www.shtfplan.com. Please contact us for permission to reproduce this content in other media formats.
 
 
 

Sunday, October 29, 2017

Criminalization Of Cash: Driving Toward Cashless Society

LinkedIn
SB1241, authored by Sen. Chuck Grassley (R-IA) is currently before the Senate Judiciary Committee and is another step toward eradication of cash. Technocrats must remove cash from society in order to force everyone to be part of their socially engineered system. ⁃ TN Editor
A new bill seeks to track your money and assets incessantly, will enjoin any business with government ties to act as a de facto arm of DHS, and would steal all of your assets — including Bitcoin and other cryptocurrencies — should you fail to report funds when traveling with over $10,000.
Under the guise of combating money laundering, Senate Bill 1241, “Combating Money Laundering, Terrorist Financing, and Counterfeiting Act of 2017,” ramps up regulation of digital currency and other autocratic financial controls in an attempt to ensure none of your assets can escape one of the State’s most nefarious, despised powers: civil asset forfeiture.
All of this under the farcically broad umbrella of fighting terrorism.
Civil forfeiture grants the government robbery writ large: your cash, property, and assets can be stolen completely sans due process, your guilt — frequently pertaining to drug ‘crimes’ — matters not.
A court verdict of not guilty doesn’t even guarantee the return of State-thefted property.
Civil forfeiture grants the government robbery writ large: your cash, property, and assets can be stolen completely sans due process, your guilt — frequently pertaining to drug ‘crimes’ — matters not.
A court verdict of not guilty doesn’t even guarantee the return of State-thefted property.
In fact, the government can seize virtually whatever it wants if it so much as suspects some of your assets might have been acquired through or used in the commission of even lesser crimes.
For some time, a war on cash has been brewing behind the closed doors of government, and — although officials prefer to claim counterfeiting, terrorism, and money laundering as the impetus for asset tracking — in actuality, physical currency facilitates black market and untaxed transactions, and, most imperatively to the U.S., cannot be thefted under civil asset forfeiture laws as easily as money exchanged digitally.
Characterized as an effort to “to improve the prohibitions on money laundering, and for other purposes,” the bill severely curtails the right to travel freely, without undue hindrance, as travelers with more than $10,000 in assets — including those held digitally, like Bitcoin — must file a report with the U.S. government.
Noncompliance with the tyrannical law — including failing to fill out the aforementioned form — would incur penalties befitting a fascist dictatorship: an individual could find the entirety of their assets seized, not just those unreported, and could be locked in a prison cage for up to ten years.
To be clear, the State wants to write a permission slip to seize all of your assets — bank accounts, including, specifically, “safety deposit boxes,” prepaid cards, gift cards, prepaid phones, prepaid coupons, cryptocurrencies, all of it — even for being remiss in reporting what you’re traveling with.
Considering one’s digital assets veritably follow wherever that travel takes them, a cryptocurrency portfolio would theoretically have to be reported each time that person travels outside the confines of the U.S.
Of course, the legislation in actuality just amends laws pertaining to assets and travel already considered dictatorial — right now, failure to fill out the form carries not just the penalty of seizure, but a sentence of up to five years behind bars.
“And if that weren’t enough, this bill also gives them with new authority to engage in surveillance and wiretapping (including phone, email, etc.) if they have even a hint of suspicion that you might be transporting excess ‘monetary instruments,’” Simon Black of SovereignMan.com reports.
“Usually wiretapping authority is reserved for major crimes like kidnapping, human trafficking, felony fraud, etc.
“Now we can add cash to that list.”
But it wouldn’t just be the government hawkishly surveilling your every transaction, as, essentially, all retailers would be roped into becoming State spies — any business selling gift or prepaid cards would be required to report those, too.
Worse — and in defiance of current structures pertaining to digital currency — the government wishes to somehow require issuers of cryptocurrencies into its abhorrent, ostensive money-laundering police spy ring.
According to the legislation, reports Smaulgold.com, the Secretary of Homeland Security and the Commissioner of U.S. Customs and Border Protection must, within 18 months of the legislation’s passage, devise a “border protection strategy to interdict and detect prepaid access devices, digital currencies, or other similar instruments, at border crossings and other ports of entry for the United States, including an assessment of infrastructure needed [emphasis added] to carry out the strategy […]
“The obligation to declare amounts in any form over $10,000 exists, irrespective of whether custom officials have a way of detecting such holdings. Since digital currencies technically travel with the holder [wherever] the holder goes, one would have to declare one’s entire crypto portfolio each time the holder entered the U.S.”
Travelers possessing assets, precious metals, and accounts in excess of $10,000 held outside the United States, however, would not be required to declare those to the government — perhaps leaving an albeit sketchy option for those wary of unscrupulous authorities.
While the government insists ‘If you’ve got nothing to hide, you’ve got nothing to fear,’ the Combating Money Laundering, Terrorist Financing, and Counterfeiting Act of 2017 proves you might not be able to hide anything from its greedy clutches — and if you try, you could wind up thrown in a cage for a decade, penniless upon release.

Source:  technocracy.news

Saturday, September 30, 2017

Tipping Point: The Global Journey From Cash to Cashless

Android Pay
The ‘Cashless Journey’ is a global initiative of Technocrat, globalist bankers, who use governments with statements like: ‘Governments can speed the journey.’ In fact, Technocrats despise government except for how they can use them to manipulate the citizenry to buy into their globalist pipe-dreams. ⁃ TN Editor
Today, around 85% of all retail payment transactions are done with cash, which equates to 60% of retail transaction value. Even though much of the world’s population has access to many different options for making payments other than cash, cash still persists. Cash takes time to get at, is riskier to carry, and by most estimates, cash costs society as much as 1.5% of GDP. Electronic payments, on the other hand, have been proven to boost economic growth, while advancing financial inclusion. It is for these reasons that countries around the world are working to make their payment systems less dependent on cash.
The Cashless Journey Study was developed to track nations’ progress towards more cashless economies. It offers insights into how some nations have made the journey from cash to cashless, and how other nations can continue their journeys. The study helps to shape the conversation about consumer payment patterns across countries around the globe. The information it provides was designed to assess the impact of different factors, such as regulatory measures or financial inclusion initiatives, on changes to these patterns. The study explores the evolution of consumer payment patterns in 33 countries from five regions, representing more than 85% of global GDP, taking into account both developed and developing nations, using a single methodology.

A Focus On The Value Of Consumer Payments

Government, banks and payment networks all look at cash usage and broader payment habits through different lenses. MasterCard looks at payments through different lenses, depending on the audience, product or region. The Cashless Journey Study chose a consistent global methodology focusing on consumer payments, or payments initiated by individuals. Consumer payments for goods and services account for about 11% of the value of payments around the globe, but more than 90% of volume of payments (or number of transactions). The study focuses on the value of consumer payments ($63 trillion in total spend), rather than the volume of payments (total transactions), as estimates of payments value are more readily available, and have also been found to be more representative of broader trends in payments preference. Finally, it should be noted that this study looks at all consumer payments, including those that happen beyond retail point of sale. This is an important consideration to underscore, as by including non-retail categories like housing and bill payment, the total figure for consumer payments is far larger than the value of retail point of sale payments. So, while cash accounts for 60% of the value of total retail payments in shops or online, when these other large consumer payments (e.g. wire transfer to buy a car, direct debit to pay mortgage) are included, the value of payments represented by cash falls to 34%.
The Cashless Journey Study measures nations’ progress towards more modern, efficient payment processes by looking at the current share of cash versus non-cash payments for consumers (Share), how this Share has shifted in the past five years (Trajectory), and whether conditions exist for cash payments to move to electronic (Readiness). The study measures three indicators of progress:
  1. Share: the percentage of the value of all consumer payments that are presently done by a means other than cash
  2. Trajectory: a measure of the shift in cash share of consumer payments’ value between 2006 and 2011
  3. Readiness: a measure of the future potential for conversion of cash payments to electronic payments based on macro-economic preconditions observed in highly cashless markets
 
Source:  technocracy.news

Friday, June 3, 2016

There is Way More Going on than You Are Being Told.

Do You Even Know How Far Behind You Are?