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The Globalists Strike Back With A Major Push Toward A Cashless Society

The Beast System - Public DomainTheir agenda may be on the rocks in the United States at the moment, but that doesn’t mean that the globalists are giving up.  In fact, a major push toward a cashless society is being made in the European Union right now.  Last May we learned that the 500 euro note is being completely eliminated, and just a few weeks ago the European Commission released a new “Action Plan” which instructs member states to explore “potential upper limits to cash payments”.  In the name of “fighting terrorism”, this “Action Plan” discusses the benefits of “prohibitions for cash payments above a specific threshold” and it says that those prohibitions should include “virtual currencies (such as BitCoin) and prepaid instruments (such as pre-paid credit cards) when they are used anonymously.”

This new document does not mention what an appropriate threshold would be for member states, but we do know that Spain already bans certain cash transactions above 2,500 euros, and Italy and France already ban cash transactions above 1,000 euros.

This is a perfect way to transition to a cashless society without creating too much of an uproar.  By setting a maximum legal level for cash transactions and slowly lowering it, in effect you can slowly but surely phase cash out without people understanding what is happening.

And there are many places in Europe where it is very difficult to even use cash at this point.  In Sweden, many banks no longer take or give out cash, and approximately 95 percent of all retail transactions are entirely cashless.  So even though Sweden has not officially banned cash, using cash is no longer practical in most situations.  In fact, many tourists are shocked to find out that they cannot even pay bus fare with cash.

So most of Europe is already moving in this direction, and now this new Action Plan is intended to accelerate the transition toward a cashless society.  The public is being told that these measures are being taken to fight money laundering and terrorism, but of course that is only a small part of the truth.  The following comes from the Anti-Media

The European Action Plan doesn’t mention a specific dollar amount for restrictions, but as expected, their reasoning for the move is to thwart money laundering and the financing of terrorism. Border checks between countries have already been bolstered to help implement these new standards on hard assets. Although these end goals are plausible, there are other clear motivations for governments to target paper money that aren’t as noble.

In a truly cashless society, governments would be able to track where everybody is and what everybody is doing all the time.  And in order to have access to the cashless system, people would have to comply with whatever requirements governments wanted to impose on their helpless populations.  The potential for tyranny that this would create would be off the charts, but very few people seem greatly alarmed by the move toward a cashless system all over the globe.

Even in the United States there are calls for a cashless system.  For example, the former chief economist for the IMF wrote an article for the Wall Street Journal not too long ago in which he recommended the elimination of the $100 bill

“There is little debate among law-enforcement agencies that paper currency, especially large notes such as the U.S. $100 bill, facilitates crime: racketeering, extortion, money laundering, drug and human trafficking, the corruption of public officials, not to mention terrorism. There are substitutes for cash—cryptocurrencies, uncut diamonds, gold coins, prepaid cards—but for many kinds of criminal transactions, cash is still king. It delivers absolute anonymity, portability, liquidity and near-universal acceptance.”

Over in Asia restrictions are being put on cash as well.  Legendary investor Jim Rogers commented on what is currently happening in India during one recent podcast

The time will come when you won’t be able to buy a cup of coffee without being traced, warns investment guru Jim Rogers. To control people, governments will increasingly seek to hunt down cash spending, he adds.

“Governments are always looking out for themselves first, and it’s the same old thing that has been going on for hundreds of years. The Indians recently did the same thing. They withdrew 86 percent of the currency in circulation, and they have now made it illegal to spend more than, I think it’s about $4,000 in any cash transaction. In France you cannot use more than, I think it’s a €1,000,” said Rogers in an interview with MacroVoices Podcast.

The reason why this is taking place all over the planet is because this is a global agenda.

The globalists ultimately plan to completely eliminate cash, and this will give them an unprecedented level of control over humanity.

One thing that many fear may someday be implemented is some form of microchip identification system.  In order to access the cashless grid, you would need your “ID chip” so that the system could positively identify you, but of course there are millions of people around the world that do not intend to get chipped under any circumstances.

In the old days, you would be labeled a “conspiracy theorist” just for suggesting that they may try to chip all of us one day, but in 2017 things have completely changed.

Just look at what is happening in Nevada.  A bill has been introduced in the state senate that would outlaw the “forced microchipping of people”

State Sen. Becky Harris said a bill to prohibit forced microchipping of people is not as far-fetched as it might seem, because it happens in some places around the world.

Senate Bill 109 would make it a Class C felony to require someone to be implanted with a radio frequency identifier, such as microchips placed in pets.

The idea for the bill came from a constituent, the Las Vegas Republican said.

If that sounds very strange to you, then you may not know that companies all around the globe are already starting to explore this type of technology.  For instance, a company in Belgium called NewFusion has actually begun to microchip their employees

In a move that could be lifted straight from science fiction, workers at a Belgian marketing firm are being offered the chance to have microchips implanted in their bodies.

The chips contain personal information and provide access to the company’s IT systems and headquarters, replacing existing ID cards.

The controversial devices raise questions about personal security and safety, including whether they may allow the movements of people with implants to be tracked.

Technology like this often starts off being “voluntary”, but then after enough people willingly accept it the transition to “mandatory” is not too difficult.

We live at one of the most critical moments in all of human history, and the globalists are certainly not going to lay down and die just because Donald Trump won the election.

The U.S. represents less than five percent of the population of the planet, and in most of the world the agenda of the globalists is on track and is rapidly advancing.

The globalists want a unified one world economy, a unified one world religion and a unified one world government.  The election of Donald Trump was a blow to the globalists, but it has also made them more dangerous, more ruthless and more determined than ever before.

And in case you think that using the term “globalists” is a bit strange, the truth is that even the New York Times is using it to describe the global elite and their global agenda.

We are in a life or death battle for the future of our society, and the globalists are never going to give up until they get what they want.  So now is not a time for complacency, because the very future of our country is at stake.

The Collapse Of Bitcoin

BitcoinBitcoin is a virtual currency that has no intrinsic value.  The only thing giving bitcoin value is the faith that people have in it, and now that faith has been shattered.  This week, the most prominent bitcoin exchange in the entire world, Mt. Gox, totally collapsed.  At one time, Mt. Gox boasted more than a million accounts and it accounted for approximately 25 percent of all global bitcoin trading.  But now the website has been taken down, there are rumors of catastrophic losses, and many investors are concerned that they will lose all of their money.  In fact, according to one report, investors could be facing total losses of up to 367 million dollars.  The collapse of Mt. Gox is also affecting other bitcoin exchanges.  As I write this, the market value of bitcoin had fallen to about $470, but just three months ago it was trading close to $1,200.  Needless to say, a lot of bitcoin investors are going to be licking their wounds tonight.

I have never written much about bitcoin because I never believed in it.  Personally, I have always preferred to stick to silver and gold.  But I can’t blame people for wanting to create a monetary system that worked outside of the central bank-controlled paradigm that we have today.

I just didn’t have any faith in bitcoin.  I considered it something of a Ponzi scheme.  That is why I never recommended it to anyone.  Those that got in early and got out at the peak of the market made a killing.  Good for them.  But most investors are going to end up taking a bath – especially those that got in at the very end.

When you have an imaginary currency that has no intrinsic worth that is being managed and traded by organizations that have very little regulation or accountability, bad things can happen.  And we saw a perfect example of this on Tuesday

A major bitcoin exchange has gone bust after secretly racking up catastrophic losses, other virtual currency companies said Tuesday — a potentially fatal blow for the exotic new form of money.

The website of Tokyo-based Mt. Gox was returning a blank page Tuesday. The disappearance of the site follows the resignation Sunday of Mt. Gox CEO Mark Karpeles from the board of the Bitcoin Foundation, a group seeking legitimacy for the currency, and a withdrawal ban imposed at the exchange earlier this month.

A lot of people out there are insisting that bitcoin can still overcome this and that it is still a sound currency system.  More power to them.  I certainly wish them no ill will.  I just don’t agree with them.

Others are being far more blunt about the matter.  Just consider what Gary North had to say about the collapse of bitcoin…

The biggest Bitcoins exchange has gone bye-bye. It took with it the money that the investors thought was safe.

Reuters reports: “Mt. Gox had $174 million in liabilities against $32.75 million in assets. It was not possible to verify the document or the exchange’s financial situation.”

I say: “A fool and his digital money are soon parted.”

How will the investors prove in a Japanese bankruptcy court that they deserve a part of the supposed $32.75 million? After all, the transactions are all secret.

Anyone that invests in bitcoin needs to realize that they could lose everything.  There is no deposit insurance.  There is very little regulation.  Nobody is going to bail you out if some corrupt businessman takes all of your bitcoins and drops off the map.

It is truly like the wild West.

The amount of money that some bitcoin investors stand to lose from the collapse of Mt. Gox is staggering.

Coinapult and SatoshiDice founder Erik Voorhees says that he may lose about $285,000.

Bitcoin trader Kolin Burgess fears that he may lose about $320,000.

Some people are going to go from being “bitcoin millionaires” to paupers almost overnight.

Yes, I know that there are a lot of people out there that are fervently insisting that this is not the death of bitcoin.

You never know, they may be right.  In the aftermath of the collapse of Mt. Gox, six major bitcoin organizations issued a joint statement.  The following is an excerpt from that statement…

The purpose of this document is to summarize a joint statement to the Bitcoin community regarding the insolvency of Mt.Gox.

This tragic violation of the trust of users of Mt.Gox was the result of one company’s actions and does not reflect the resilience or value of bitcoin and the digital currency industry. There are hundreds of trustworthy and responsible companies involved in bitcoin. These companies will continue to build the future of money by making bitcoin more secure and easy to use for consumers and merchants.  As with any new industry, there are certain bad actors that need to be weeded out, and that is what we are seeing today.

We are confident, however, that strong Bitcoin companies, led by highly competent teams and backed by credible investors, will continue to thrive, and to fulfill the promise that bitcoin offers as the future of payment in the Internet age.

So will the bitcoin community bounce back and be stronger than ever?

You never know.  I certainly wish them the best.  I simply do not plan to participate.

It isn’t just that bitcoin and other alternative currencies are very unstable and offer no protection.  It is also that governments and central banks around the world are starting to crack down on something that they see as a potential threat.  For example, this comes from a Fox News article that was published just this week…

Authorities have been taking an increasingly hard look at Bitcoin and related virtual currencies including Litecoin, Namecoin, Ripple, and countless others. Some countries, including Russia, have effectively banned the currency. In other jurisdictions, authorities are weighing whether to try to tame the marketplace through licenses or other mechanisms.

It is entirely possible that the collapse of Mt. Gox could have been manufactured by a government or a central bank.

Considering the other things that have been revealed over the past couple of years, it would be naive to think that governments and central banks are unwilling to engage in such subterfuge.

In addition, consider what would happen to the other exchanges if the U.S. or the EU publicly announced a complete ban on bitcoin someday.

There are just too many risks.

Like I said, I wish those well that are involved in bitcoin or any of the other alternative virtual currencies that are floating around out there.

Hopefully some of those virtual currencies will succeed.

But most average American families simply cannot afford to put their hard-earned money into schemes that could evaporate literally overnight.

So what do you think about bitcoin?

Please feel free to share your thoughts by posting a comment below…

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