Cash Banned

The push toward a cashless society is becoming more of a shove. Before today I had never heard of “The Visa Cashless Challenge”, but after reading about it I have to say that I am quite alarmed. Visa is trying to “encourage” businesses to go cashless, and one of the ways that they will be doing this is by “awarding up to $500,000 to 50 eligible US-based small business food service owners who commit to joining the 100% cashless quest”. The food industry is still one of the last bastions where cash is used very heavily, and so it makes sense that Visa would want to target that segment. Of course the more people that use cards to pay for meals, the more money that Visa will make.

When I go to restaurants, I almost always use cash, and I know a lot of other people that very much prefer to use cash in those situations as well. But if Visa has their way, soon all of us will be forced to use some form of digital payment instead. The following is an excerpt from the press release that Visa issued about this new “challenge”…

Today Visa (NYSE:V) announced it is launching a major effort to encourage businesses to go cashless. Aiming to create a culture where cash is no longer king, the program will give merchants increased ability to accept all forms of global digital payments. Visa will be encouraging and helping merchants go cashless by using innovation to their advantage in order to stay competitively connected to their customers.

To encourage businesses to go cashless, Visa is announcing The Visa Cashless Challenge, with a call to action for small business restaurants, cafés or food truck owners to describe what cashless means for them, their employees and customers. Visa will be awarding up to $500,000 to 50 eligible US-based small business food service owners who commit to joining the 100% cashless quest.

“At Visa, we believe you can be everywhere you want to be, and that it should be easy to pay and be paid in more ways than ever – whether it’s a phone, card, wearable or other device,” said Jack Forestell, head of global merchant solutions, Visa Inc. “With 70% of the world, or more than 5 billion people, connected via mobile device by 2020¹, we have an incredible opportunity to educate merchants and consumers alike on the effectiveness of going cashless.”

Visa would love to eliminate the use of cash entirely because it would mean much bigger profits for them.

And of course cashless systems hold a lot of appeal for governments as well because such systems would allow them to monitor and track the behavior of their citizens much more closely.

As our society transitions in that direction, we will be told that it is all about fighting money laundering, tax evasion and terrorism, but there are other ways to combat those issues.

In the end, many people like to use cash because of the privacy that it offers, and there are very powerful forces that would like to eliminate that privacy.

For now, however, advocates of a cashless society are pushing the economic benefits of such a system. Here is more from Visa’s press release…

Visa has recognized the net benefits for merchants when they reduce dependency on cash transaction. Visa recently conducted a study that found that if businesses in 100 cities transitioned from cash to digital, their cities stand to experience net benefits of $312 billion per year. According to this study, in New York City alone, businesses could generate an additional $6.8 billion in revenue and save more than 186 million hours in labor, by making greater use of digital payments. This amounts to more than $5 billion annual costs savings for businesses in New York. The complete results with the benefits of going cashless for businesses will be included in the “Cashless Cities: Realizing the Benefits of Digital Payments” report that will be released by Visa later this year.

And of course the push toward a cashless system is not just happening in the United States.

Over in Sweden, many banks will no longer take or give out cash, and about 95 percent of all retail transactions in the entire country are now cashless.

Of course the EU as a whole is rapidly moving in the direction of phasing out cash. Not too long ago, the European Commission released an “Action Plan” which instructed member states to explore the possibility of “potential upper limits to cash payments”.

Some of the member states have already adopted such “upper limits” on cash transactions, and by slowly lowering those limits over time those countries could eventually phase out cash completely.

And down in Australia, a “Black Economy Taskforce” has been established to go after tax evaders…

The Black Economy Taskforce has been established to develop an innovative, forward-looking whole-of-government policy response to combat the black economy in Australia, recognising that these issues cannot be tackled by traditional tax enforcement measures alone.

The black economy refers to people who operate entirely outside the tax and regulatory system or who are known to the authorities but do not correctly report their tax obligations.

Of course this represents a major crackdown on cash, because most people that operate in the “underground economy” tend to use cash very heavily. According to Martin Armstrong, there has even been a proposal in Australia to put “nano-chips” into large notes for tracking purposes…

Michael Andrew, the head of this 1984 style Taskforce to spy on citizens, has proposed that the government should keep track of your $100 and $50 notes by implanting hi-tech nano-chips. He could simply scan your house to see where you are hiding money that the government can confiscate.

Many of us are alarmed by the rise of a cashless society because we know where it could eventually lead.

If government authorities can watch, track and monitor everything that we do and everywhere we go, that opens the door for great tyranny.

And going cashless would also potentially allow government authorities to act as “gatekeepers” for the system. In other words, the government could require all of us to meet certain conditions before we were allowed to participate in the cashless system, and if we refused to meet those conditions we would be unable to buy, sell, open a bank account, get a job or do much of anything else in society.

The potential dangers to our liberties and freedoms are great, and hopefully we can get more people to understand what going to a fully cashless society could ultimately mean for all of us.

Michael Snyder is a Republican candidate for Congress in Idaho’s First Congressional District, and you can learn how you can get involved in the campaign on his official website. His new book entitled “Living A Life That Really Matters” is available in paperback and for the Kindle on Amazon.com.

Their 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.

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