The Threat Of Cashless Societies, by Louis Webber

If you really the government to know everything you do, just let them track every penny you receive or spend. From Louis Webber at earlking56.family.blog:

(A cashless society truly is a scary world. Picture everything that you’ve read about in history books within other totalitarian regimes, and you’ll get a taste of what is to come.)

Cash is the king.

So the old adage goes anyway, and for the prepper – the one who’s keeping abreast of current events – cash is one of the last man-made means of protection that he or she has against governments that have grown to a degree of power that they never had before.

The Dangers of a Cashless Society

There are two predominant dangers that come with a cashless society, and just about every negative that you can think of due to such will fall into one of these two groups:

  1. Denial of purchasing power
  2. A complete loss of anonymity

Denial of Purchasing Power

The Threat Of Cashless Societies

A cashless society is a controlled society. If everything must go through an online banking or credit card process, then you have just lost virtually all control over what you buy.

Anything that is not politically sanctioned(guns, ammo, body armor, helmets, particular books, particular website premium subscriptions, political donations, etc.) could very easily be vaporized overnight.

This, of course, would drive the makers and holders of such products into a black market to barter their goods, and this in turn would be responded to by the use of overwhelming government force. This will come in the form of Stryker vehicles, concussion grenades, snipers, and men with automatic rifles and body armor.

Don’t believe me? Read FA Hayek’s The Road to Serfdom. Totalitarian governments must resort to force simply for the sole reason that people will naturally refuse to comply with widespread theft of their own goods. This force will only continue to grow in its usage.

Totalitarians do not accept blame for their own economical failures. The state is the end of all things to them, and as such, the end justifies the means – no matter how terrifying such a means may be.

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One response to “The Threat Of Cashless Societies, by Louis Webber

  1. it will come into place because of the ability to track everything about everyone it affords. hopefully, a black market will arise that still deals in cash or precious metals as has been the case forever where tyrannical regimes rule.

    Like

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