I am one person. What can I do?
Cash transactions are anonymous, private and 100% secure. Your identity cannot be stolen when you use cash.
But, tapping my Debit Card or SmartPhone is so easy and convenient.
Why would I use cash?
Why should I use cash?
Central Banks around the world are in the process of implementing CBDC (Central Bank Digital Currency) and have already said that it will give them control over every transaction you make.
Agustin Carstens, General Manager of the Bank for International Settlements said: "We don't know who's using a $100 bill today and we don't know who's using a 1,000 peso bill today. The key difference with the CBDC is the central bank will have absolute control on the rules and regulations that will determine the use of that expression of central bank liability, and also we will have the technology to enforce that." Listen here or here.
Note that the BIS (Bank for International Settlements) creates the rules for all the Central Banks of the world (eg. The Bank of Canada, The Bank of England, The Federal Reserve, etc.).
We know you are an honest, law abiding citizen, so being tracked is not an issue for you. We don't expect you to completely give up your SmartPhone, Debit Card, Credit Card or even online banking.
But, if the monetary system of your country becomes cashless and 100% digital, your purchases will be monitored and controlled by the Central Bank and the Government as Mr. Carstens has stated. They will know where you spent every penny and they will know how you earned every penny.
Banks have been nudging us towards a cashless society for decades: First introducing credit cards in the 1960s; then debit cards; chip and pin; contactless and smartphone pay apps. Now we are finally at the precipice of an all-digital PROGRAMMABLE currency, and once cash is gone it will NOT be coming back.
When you use cash to purchase something, that business saves money instantly on transaction fees. If you can help save that business money, they are more likely to keep staff employed and give back to their local community. Small to medium business are an integral part of keeping your local economy and community thriving and growing. Once CBDC is here, business transaction fees are bound to increase.
The CBDC technology that enforces the rules and regulations has the ability to limit your purchases, freeze your accounts, and even delete your funds with the click of a mouse. Perhaps you bought your alloted amount of meat, clothing or fuel this month ... the next time you attempt to purchase one of these items, "the system" simply declines your purchase at checkout. No more fuel for you this month.
CASH WORKS:
- when the internet is down;
- when there is a power outage;
- when the card reader malfunctions;
- when your SMARTphone battery dies.
Will every business in every corner of the country have power, internet connection and cell coverage 100% of the time?
Digital Currency also means that everyone will have a government issued Digital ID and a Digital Wallet (if you want to purchase anything, or be paid). What about teenagers or young children, will they all have a Digital Wallet?
In a cashless society, there will be no swap meets, no garage sales, no piggy banks, no tooth fairy, no cash allowance for your children, no helping the homeless, no neighbourhood lemonade stands or any other "simple" transaction or donation. Do you want your children's payment transactions to be electronically monitored by the government? Does that sound safe to you?
People in abusive situations are often financially reliant on their abuser. If cash is removed, their way out will be that much harder or near impossible.
Elderly, blind and people with disabilities will struggle. Many people can't or don't know how to use technology. They would also be vulnerable to scams.
You won't be able to leave your home without some sort of device. We will be reliant on technology every day. WHAT ARE THE TECHNOLOGICAL IMPLICATIONS OF A CASHLESS SOCIETY?
If you want access to your funds, you will need the latest devices and software to enable payments. If you are not a very tech savvy person, this could become a big problem. It is also extremely expensive and inconceivable for some households.
Digital ID is an electronic version of government ID. Under the guise of convenience and security, governments and corporations are implementing Digital ID. All aspects of your life will be consolidated and monitored. The government will have FULL control & access to your medical & vaccine records, bank records, passport, travel records, licenses and employment records. Having one all-encompassing Digital ID will allow any agency to "cancel" YOU with the click of a mouse.
The implementation of Digital ID and Central Bank Digital Currency (CBDC) also enables the creation of a Social Credit System.
A Social Credit System has been deployed in China. Your Social Credit Score connects to your Digital ID, which in turn, connects to the Central Bank Digital Currency (CBDC), your health status, police record, online activities, vaccine status, etc. When you disobey, or criticize the government, your spending will be curtailed, and your access to basic aspects of society will be blocked. Missing one "mandatory injection" could block your access to: banking; health care; government services; internet; travel; etc.
Note that the Central Banks are private corporations - they are NOT run by, or directed by any government.
(version française ci-dessous)
No one is coming to save us except
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Contact your elected representatives and educate them - describe how these changes will affect you, your community and your children.
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Disposez les sur les étagères dans les magasins, sur les sièges des transports en commun, les bancs publics, ou faites les tomber innocemment ici et là .
Contactez vos représentants gouvernementaux et informez-les - Expliquez-leur comment ces changements vous affectent, ainsi que votre communauté et vos enfants.
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