Moving Towards a Cashless Society, Will Crypto's Rule

      Slowly around the World, it seems like we are moving to a cashless society, and there could be devastating effects for all of us if this is accomplished. Whether this has been a goal of the elites or just by convenience, we ought to take heed and prepare for what lies ahead. I'm not sure how many citizens realize that only 8% of the World's money is actually represented by physical notes, and the rest in in the form of some type of digital fiat. Countries everywhere around the world  have slowly been progressing towards a cashless society. In the U.S. the practice of electronic deposits into bank accounts became popular in 1975, and a decade later people were using and spending these balances with debit cards.

      Now a few particular countries, large denominated notes like the $100, $500, and $1,000 bills are becoming almost non-existent as governments are removing them from circulation. One country, in particular, India is suffering from a cash crisis as leaders started a demonetization process last year. The use of cash within India is becoming less visible as Indian authorities are pushing hard for a cashless society by replacing it with digital fiat. India removed 86% of all their currency form circulation almost overnight. Now here’s a country that operates almost entirely on cash, their economy slowed to a trickle, business’s were closing right and left, and all because their government declared that there was massive tax fraud, and by going electronic, it would solve it. The nightmare and what’s happening in India right now gets so much worse, it is worth researching.

      Uruguay, Australia, France, and Spain, along with so many more have all followed suit and have heavy restrictions on using cash, all in the name of fighting terrorists and collecting taxes that aren’t being paid. Sweden is close to being 100% cashless and there are several others discussing this scheme.  The United Stated is also starting to announce a program to get rid of $100 and $50 dollar bills, with the declaration that only terrorists, drug dealers and tax evaders need cash.  So now we have what government claims to be valid reasons for eliminating cash around the world, let’s take a look at how that would affect our freedoms here in the U. S of A. Most of us already use a debit or some kind of bank card for most transactions, it’s easy, convenient and hey, we get those valuable travel points and rewards. But what if there were no cash and everything was done electronically, that would mean every transaction is traceable, no anonymity, but hey “I’ve got nothing to hide?” maybe not but do you really want big brother knowing everything you do? Then there could be instant taxation, and they just tap your account, or if one is arrested for a crime as a penalty your cards are revoked, the banks or feds can cut you off at anytime and for any reason they deem appropriate. Can one see how that would have total control over everyone? What about hackers, or technical issues at the bank. I hope your starting to see the erosion of freedoms through all of this, then what’s next, a biometric fingerprint, a chip in the hand, check it out, it’s already here.

It is our present fiat currency that has given us freedom, so with the start of Crypto this freedom can continue on, no more are we at junction of loosing the ability to spend cash when and where we want, Bitcoin will offer all of us the opportunity to remain free in our financial realms. we need and must embrace it, it is our salvation, as far as not being limited and dictated by others in our spending habits and to have Government being able to access our accounts.

I wish us all success in this adventure we are all involved in, and hope that as the masses flood into this Crypto industry that the infrastructure can handle it. Thanks for reading, God Bless, Papa-Ron