You are viewing a single comment's thread from:

RE: War on Cash is Ending

in #money7 years ago (edited)

Thanks for reporting. I'd disagree that "we are losing the war" -- do you want to be able to use cash more or do you want the government to implode more? If banning cash is on the road to their ruin, shouldn't we welcome it?

Also? Render onto Caesar, no? If the government wants to ban their own instrument, then so be it. All we'll do is start using crypto. BUT, this does compel you to look at your habits. How can you start doing more than simply paying in cash? Could you start buying local meat and produce (if you don't already) from farmer's markets? They'll surely take cash.

Are you asking farms and farmer's markets to start accepting Bitcoin and other cryptos? (I'm only doing this sparingly, but I think we all ought to do it more).

What do you say?

Sort:  

No because the last time the banking system imploded we got Hitler.

It will be terrible if an allout banking collapse happens, millions, possibly billions of people will get hurt, and the outcome will be very bad. People will be desperate ,and they will do unimaginable thing again.

I don't think that is what people want. While cash sucks and it's a government instrument, it's considerably better than a government/bankster controlled financial surveillance matrix.

It's like comparing a 1920's police officer with a baton, to a 2017 fully armored militarized cop with tanks and rocket launchers. While the police is not a good thing, it's certainly preferable to have a friendly neighborhood cop compared to a militarized Nazi thug.

I don't understand. You want the state to stay and just do what you want? Is that even conceivable? Just because Hitler cropped up around the same time of the last banking collapse, does't mean the two were necessarily linked.

My belief is Hitler and the banking collapse were engineered by the banksters for their own purposes. I don't think it would be "terrible" if the banking system collapses if we have crypto. Look at Venezuela, Cuba, North Korea, China. These places have perfectly fine functioning central banks, and they accept cash. That does nothing for their people.

Cash is not our friend until it's backed by a decentralized crypto. Just wait, they'll come out with a cash instrument that has tracing built in. All they need to do is start printing QR codes and force merchants to scan your bills once you spend them. Do you think this is past their ability?

Your analogy is a bit off, I believe. The militarized cop is the state and the 1920's police officer is the state in 1920. It's oppression in either case. Just because you would prefer the old state doesn't mean we should ask the state to be nice and shrink. I understand you like this restaurant and like using cash, but that's not realistic.

That's why I'm saying we need to start advocating for crypto (if we aren't already) and seriously let what comes, come. Can you even imagine a way we could transition from government thug money to free money controlled by the people without too many people failing to take the plunge, thereby putting themselves and their families at risk? I can, but just barely.

Look I agree with you fundamentally, I just don't think your strategy proposal is good.

Cryptos are not mature enough to replace cash yet, nor do they have any privacy, in some cases even worse than cash.

Until this issue is addressed, we still have to hold it.

I think we have to delay the cashless society as much as possible until the cryptocurrencies mature.

If the banking system would go all out tyrannical tommorrow, or if they would implode, that would cause untold amounts of damage, people are not prepared for that.

They don't have any money, their assets are all collaterals. First they need to have some assets, in order to survive this, and then, maybe then, they can ride out smoothly the collapse.

We're on the same team, wanting the same goal.

Different approaches must be proposed before we get to this goal.

We do the best we can. We help ourselves and we help others. We create awareness of the problem and we propose solutions.

The rest is out of our hands. Great convo!

Coin Marketplace

STEEM 0.16
TRX 0.15
JST 0.028
BTC 57847.79
ETH 2291.52
USDT 1.00
SBD 2.46