Cashless Society

Help Support Homesteading Forum:

hiwall

Awesome Friend
Neighbor
HCL Supporter
Joined
Dec 6, 2017
Messages
3,793
Location
White Mountians AZ
I just hope that the country and the world doesn't got completely to h*** before say June. My father passed away in Dec. and left a nice chunk of change. It will pay everything off and still have a little left over. I have found some very old coins, i.e. 1932, 34, etc quarters, 32 peace dollar. I'm just waiting for the required time to pass and then I can find out what the percentage of silver might be in these coins. Oh, I think I also found where all the coins are that we're short of in this country...lol. Cans, butter bowls etc. of nickels dimes pennies and newer quarters.
Here is a site to tell how the silver value is in each coin..............
 

iknownothing

Awesome Friend
Neighbor
Joined
Dec 31, 2019
Messages
77
Location
Chattanooga TN

angie_nrs

Awesome Friend
Neighbor
HCL Supporter
Joined
Dec 8, 2017
Messages
3,727
I read "The War on Cash" by David McRee. He's in the same state of mind that I am. He basically breaks down how the government doesn't want citizens to have and use cash. The more they know, the more they control and the more they can skim (steal) from you. There were some tid bits worth commenting on.

Kiplinger reported that some banks expressly forbid storing cash in a safety deposit box.

Outlawing the use of cash is unconstitutional on it's face. Since when does the government care about the constitiution?

The banks and CC companies would love a cashless society so they could then push negative interest rates. In doing this, they charge you for keeping your account safe in the form of an interest charge. Cash stands in the way of them doing this. In addition to the negative interest rates, they would also charge fees and penalties for things such as large withdrawls.

There is a group called the "Better than Cash Alliance" that is comprised of over 75 member organizations that support the mission to go to digital currency. betterthancash.org. There are some interesting names included in this group such as the Clinton Foundation, Bill and Melinda Gates Foundation, Citi Foundation, United Nations Development Programme, Visa, and Mastercard....just to name a few.

He makes the point that one of the 'selling points' to getting rid of cash would be to reduce criminal activites and terrorism. Getting rid of cash would do nothing of the sort, b/c criminals would just use another means of payment with commodities such as gold, silver, ammo, pharmaceuticals, human trafficing, etc.

Getting rid of cash forces all businesses to conduct their transactions via third party finance companies, who then, have control over these business and can decide to unbank them anytime they want to. In other words, if a business is not 'good' in their eyes, they can just decide to drop them and ruin them. Businesses that sell firearms have already been a victim of such harassment. Examples of such behavior are given in the book. "Paypal is on record saying it will deny access to anyone who may fall afoul of its social justice platform".....

He mentions civil forfeiture regarding cash. He references this humorous video to highlight the absurdity of this concept, although the subject itself is not funny.

He states "the effect of this suspicion toward citizens who are lawfully carrying significant amounts of cash is to instill fear - to gradually create an environment where anyone carrying a roll of cash is suspect. It's working."

Banks are spying on you. A bank has to file a Currency Transaction Report (CTR) for every transaction in currency that is more than $10,000 in the form of a deposit, withdrawl, exchange, or other payments or transfers to the Federal Government. Also making fewer or more frequent transactions could also get you in trouble b/c they consider that 'structuring' by trying to evade the CTR. "You can be imprisoned for up to 5 years and fined up to $500,000 for trying to avoid having your cash transactions reported to the government by making a series of small deposits that add up to $10,000 or more. "President Trump signed the Taxpayer First Act in 2019 to stop the IRS from seizing cash that was not involved in a criminal act other than structuring. Unfortunately, this law does not apply to the Dept. of Justice which continues to engage in seizures merely for suspected structuring."

Solutions he mentions are to avoid banks as much as possible. Use cash. Engage in the barter system. Keep PM's in a fireproof safe. Convert currency to tangible goods such as food, ammo, tools, security, etc. Work towards self sufficiency. Simplify your life. Get rid of your smart phone.

Overall, I would recommend the book. It was a quick read. It basically reinforced how I think of cash and the impending loss of our privacy, especially now that Obamacare has been plunked into the mix as being tied to our tax returns. It seems everything is the .gov's business now. :(
 

Supervisor42

Formerly known as Supervisor42
Neighbor
Joined
Dec 16, 2017
Messages
6,074
Location
Louisiana
It is actually illegal for a U.S. company to refuse to accept U.S. currency because it will threaten the national financial system.
Read any cash bill and you will find: "This Note Is Legal Tender For All Debts, Public And Private".
This is important.
Fear not, most illegal transactions have already switched to Bitcoin because it is untraceable, unlike cash.
They will be just fine.
There will always be an underground cash economy as sure as there are illegal immigrants, and older people working while drawing Social Security. Neither can make deposits into a checking account without getting in trouble for having "income".
I was amazed to learn just how big the cash society is down here when I retired.
4 out of 5 people at the grocery store pay with cash. They don't use 'plastic' because it has to be tied to a checking account, or paid from a checking account. If you listen to the yuppies, you could swear 'tap-and-pay' was going to take over the entire country. <NOT!>
The government cannot force the country to go cashless without destroying the value of the almighty "dollar".
It ain't going nowhere.
 

Caribou

Time traveler
Neighbor
HCL Supporter
Joined
Dec 3, 2017
Messages
5,504
"This Note Is Legal Tender For All Debts, Public And Private", My understanding of this is that if you want to buy my widgets I can require whatever I want in payment, whether it be currency, food, PM's, whatever. If I sell you my widgets on credit I must accept cash as payment if that is how you decide to pay.
 

SLADE

Awesome Friend
Neighbor
Joined
Jan 27, 2021
Messages
67
"This Note Is Legal Tender For All Debts, Public And Private", My understanding of this is that if you want to buy my widgets I can require whatever I want in payment, whether it be currency, food, PM's, whatever. If I sell you my widgets on credit I must accept cash as payment if that is how you decide to pay.
It pays to remember all barter is taxable income.
 

Caribou

Time traveler
Neighbor
HCL Supporter
Joined
Dec 3, 2017
Messages
5,504

Supervisor42

Formerly known as Supervisor42
Neighbor
Joined
Dec 16, 2017
Messages
6,074
Location
Louisiana
It pays to remember all barter is taxable income.
Cash and PM transactions, yes.
Barter? No. It is not possible to attach a numeric value to it.
Just ask the Amish.
If I trade you a cow in exchange for building an extension onto my barn, it is impossible for the government to put an accurate value on either one. No provable income for either party.
 

Neb

Awesome Friend
Neighbor
HCL Supporter
Joined
Sep 4, 2020
Messages
2,063
Would garage sales require some widget to sell an old hamner?

How would one pay the neighborhood kid to shovel the walk?

Ben
 

Caribou

Time traveler
Neighbor
HCL Supporter
Joined
Dec 3, 2017
Messages
5,504
In the Eskimo villages the people write checks, sometimes on accounts that are long since empty. These checks get bartered around until they get back to the original issuer. This works in a small community.
 

SLADE

Awesome Friend
Neighbor
Joined
Jan 27, 2021
Messages
67
Cash and PM transactions, yes.
Barter? No. It is not possible to attach a numeric value to it.
Just ask the Amish.
If I trade you a cow in exchange for building an extension onto my barn, it is impossible for the government to put an accurate value on either one. No provable income for either party.
It's not enforced but is taxable income.
Uncle is good at knowing the value of under the table deals.
Just ask and you'll be told the value and the penalties for such trades.
 

Guardian

Just a Drifter
Neighbor
HCL Supporter
Joined
Dec 5, 2017
Messages
690
It is actually illegal for a U.S. company to refuse to accept U.S. currency because it will threaten the national financial system.
Read any cash bill and you will find: "This Note Is Legal Tender For All Debts, Public And Private".
This is important.
Fear not, most illegal transactions have already switched to Bitcoin because it is untraceable, unlike cash.
They will be just fine.
There will always be an underground cash economy as sure as there are illegal immigrants, and older people working while drawing Social Security. Neither can make deposits into a checking account without getting in trouble for having "income".
I was amazed to learn just how big the cash society is down here when I retired.
4 out of 5 people at the grocery store pay with cash. They don't use 'plastic' because it has to be tied to a checking account, or paid from a checking account. If you listen to the yuppies, you could swear 'tap-and-pay' was going to take over the entire country. <NOT!>
The government cannot force the country to go cashless without destroying the value of the almighty "dollar".
It ain't going nowhere.
Are you implying that using "Bitcoin" automatically implies illegal activities? I do see you mentioned "most" so curious on your thoughts. There seems no doubt a cashless society is being pushed. Look at the "Chyna". Most all business dealings are tied to their cellphones. You can be approved or denied service based this. Obviously I am not Chynese but from research I have done this seems to be the case.
 

SoJer

All In.
Neighbor
HCL Supporter
Joined
Jan 28, 2021
Messages
156
Location
3rd Rock from the Sun
Would garage sales require some widget to sell an old hamner?

How would one pay the neighborhood kid to shovel the walk?
Too easy, Neb...

a) Bring the 'Garage saler' a tube of grease / gun for their opener-chain (in trade for the hammer) and then explain the 'perk': So yer door don't get stuck and grind sales to a halt, silly! :)

b) Chocolate Chip cookies, Duh!! :) jk.. (that would probably get you 'attacked for racism' or something.. :rolleyes:

Eliminating cash is ALL about control, and tracing.. It's All outlined in the 'Great Reset' vomitus / Agenda 21 tripe.. (they just 'candy coat it' with marshmallow unicorn sprinkles like 'Sustainability' / 'Social Equilibrium', and other such swill.. 🤬

All Power to the Great 'Lemonade Stand Industry', against the EvilCorp / NWO-cartel Empire! ;)
jd
 
Last edited:

joel

Awesome Friend
Neighbor
HCL Supporter
Joined
Dec 8, 2017
Messages
2,096
It's not enforced but is taxable income.
Uncle is good at knowing the value of under the table deals.
Just ask and you'll be told the value and the penalties for such trades.
It is like gun registration, it is only taxable if the Government knows about it.
 

Supervisor42

Formerly known as Supervisor42
Neighbor
Joined
Dec 16, 2017
Messages
6,074
Location
Louisiana
Are you implying that using "Bitcoin" automatically implies illegal activities? .
Of course not!
But if someone is engaged in illegal activity, they would be brainless to not use untraceable bitcoin instead of other 'currencies'.
Not bitcoin:

This, or a thumbdrive?
Both have 22 billion dollars.
You decide.
Thinking.gif

They are learning.
 
Last edited:

angie_nrs

Awesome Friend
Neighbor
HCL Supporter
Joined
Dec 8, 2017
Messages
3,727
I look at who is pushing the cashless agenda and who stands to gain the most from it. In my last post, look at the "better than cash alliance" members or go look it up for yourself. If that doesn't toss up a huge red flag, I don't know what does. I had not heard of this group before I read the book. Common sense says that the big Banks and other financial institutions would love to have full control over the monetary system. The government and big corporations could then completely manage their slush funds and there would be absolutely NO transparency or accountability. If the FED has never been audited, then you can bet your bottom dollar that their system won't be audited either.
 

Neb

Awesome Friend
Neighbor
HCL Supporter
Joined
Sep 4, 2020
Messages
2,063
I look at who is pushing the cashless agenda and who stands to gain the most from it. In my last post, look at the "better than cash alliance" members or go look it up for yourself. If that doesn't toss up a huge red flag, I don't know what does. I had not heard of this group before I read the book. Common sense says that the big Banks and other financial institutions would love to have full control over the monetary system. The government and big corporations could then completely manage their slush funds and there would be absolutely NO transparency or accountability. If the FED has never been audited, then you can bet your bottom dollar that their system won't be audited either.
Was the book "Creature from Jekyll Island" that talked about the formation of the fed?

We still don't know who is really in the fed.

Ben
 

backlash

Awesome Friend
Neighbor
HCL Supporter
Joined
Dec 3, 2017
Messages
4,440
Location
Dry and sane side of Washington
I look at who is pushing the cashless agenda and who stands to gain the most from it. In my last post, look at the "better than cash alliance" members or go look it up for yourself. If that doesn't toss up a huge red flag, I don't know what does. I had not heard of this group before I read the book. Common sense says that the big Banks and other financial institutions would love to have full control over the monetary system. The government and big corporations could then completely manage their slush funds and there would be absolutely NO transparency or accountability. If the FED has never been audited, then you can bet your bottom dollar that their system won't be audited either.
The path to the truth is always the same. Follow the money and you will know.
 
Last edited:

Haertig

Awesome Friend
Neighbor
HCL Supporter
Joined
Dec 6, 2017
Messages
2,002
Location
Colorado
"This Note Is Legal Tender For All Debts, Public And Private"
I do not think it means what you think it means.

I understand it to mean that the whoever agreed to put that on our currency believed that government would not make a law saying, e.g., "It is illegal to pay for your new car with cash, you must use XYZ instead." Thus, it is legal to pay with cash, if the merchant is willing to accept cash in the first place.

Plus, just because something is written on a bill does not mean it's a law, or enforceable even if it were.

Our currency also says "In God We Trust". Does that mean you can't use it if you don't believe in God?

 

backlash

Awesome Friend
Neighbor
HCL Supporter
Joined
Dec 3, 2017
Messages
4,440
Location
Dry and sane side of Washington
It won't be the government directly to push towards a cashless society. They will get big business to do it. Imagine if Walmart says we are not accepting cash. People will still shop there and they will use a card. Probably one issued by Walmart at the maximum rate allowed by politicians.
Amazon does not take cash, so we are well on the way.
The entire population is going to become like old-time coal miners. Paid in company script that is only good at the company store. No money on your card, they will advance you till payday at a reasonable rate of 100% or more like payday loan places do now.
 

bkt

Awesome Friend
Neighbor
HCL Supporter
Joined
Dec 8, 2017
Messages
858
Was the book "Creature from Jekyll Island" that talked about the formation of the fed?

We still don't know who is really in the fed.

Ben
Yes, that's the book. We may not know who really runs the Fed, but we can observe what the Fed has done over the decades and discern what they mean to do. That, in itself, is a bit of a concern if you like the status quo.
 

Latest posts

Top