Will society really collapse if there is a digital alternative for small change? Many sceptics are worried about the implications of the decline of cash and the arrival of CBDCs. But is the fearmongering justified?
The post Will Society Collapse if There is a Digital Alternative for Small Change? appeared first on The Daily Sceptic.
Should we fear CBDCs? In part II of our guide to the War on Cash, we look at Central Bank Digital Currencies and the risks and opportunities they entail.
The post Cash and its Enemies Part II: The Opportunities and Risks of CBDCs appeared first on The Daily Sceptic.
What is cash, why is it on the decline, why are governments complicit in getting rid of it, and why is there pushback against the 'War on Cash'? Get up to speed with our explainer.
The post Cash and its Enemies: A Rough Guide to the War on Cash appeared first on The Daily Sceptic.
Sometimes there are genuine conspiracies afoot, not mere theories, says Dr David McGrogan. One such is the plan to abolish cash, which is happening in plain sight and governments show little intention of changing course.
The post The Open Conspiracy Against Cash appeared first on The Daily Sceptic.
Kit Knightly “This Week in the Guardian” was my idea. It was my baby. I had it at the back of my head for almost a year. A weekly feature that rounded up everything terrible in the Guardian from the previous 7 days, and tried to teach people how to read between the lines of …
Colin Todhunter Back in November 2016, the Indian government decided to remove all 500- and 1000-rupee notes from circulation overnight without prior notice. This effectively removed 86% of cash in a country that was almost 90% cash reliant. The notes became worthless and people were asked to hand them into banks. They would only receive …
David Icke, who was in the news again recently for all the wrong reasons, is both a certifiable lunatic and one of the greatest prophets of the Twentieth Century. In 1995, he wrote:
“Today if you go into a shop to buy food and your credit card is refused by the computer, you can pay with cash. What happens when there is no cash? You are at the mercy of the computer. If it refuses your card or microchip, you have no means to purchase anything.”
An operation that began as a seemingly obscure academic discussion three years ago is now becoming a full-blown propaganda campaign by some of the most powerful institutions in the industrialized world. This is what rightly should be termed the War on Cash. Like the War on Terror, the War on Cancer or the War on Drugs, its true agenda is sinister and opaque. If we are foolish enough to swallow the propaganda for complete elimination of cash in favor of pure digital bank money, we can pretty much kiss our remaining autonomy and privacy goodbye.
As Europe moves towards a cash free society there are worrying signals from the EU…
European Union states are considering measures which would allow them to temporarily stop people withdrawing money from their accounts to prevent bank runs, an EU document reviewed by Reuters revealed.
The card companies are offering thousands of dollars in upgrades on card technology but, in exchange, merchants must stop accepting cash. So far, merchants do not want to risk losing business and are not receptive to the scheme. [...]
