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Cashless Societies

Discussion in 'Current Events' started by Notanumber, Apr 18, 2020.

?
  1. Yes

    8 vote(s)
    38.1%
  2. No

    13 vote(s)
    61.9%
  1. Notanumber

    Notanumber A Free Man

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  2. Unveiled Artist

    Unveiled Artist Love is patient. Love is kind.

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    Barter system?
     
  3. Brickjectivity

    Brickjectivity Veteran Member
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    It all depends upon technology. If we are in a society where technology is like magic then I have no choice but to endorse surveillance, because I just can't defend myself against magic. I need someone looking out for me in that case. The question becomes whether I will accept the ever increasingly powerful technology or if I will choose freedom instead. The two are becoming rivals. Technology has a tendency to force us to remove our privacy. We're experiencing less and less privacy as a direct result. Its not only the money but the knowledge and the vision that technology brings with it.

    If this is unclear then consider the recent thread on biosynthesis. Suppose that your business competitor has the ability to create a disease designed to affect you. They've gotten a hair from your head and have designed a virus for you which is selective. Sounds crazy doesn't it? Its becoming possible. Its no longer crazy, no longer impossible. Now you have to keep your competitors from even getting hold of one of your hairs -- or you have to set up the laws so that they are always under surveillance.
     
  4. Revoltingest

    Revoltingest High Intellajence Kwoshunt.
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    Barter is very inconvenient.
    A cashless system would be electronic.
    Problem?
    Government can track everything.
    And can easily seize anything.
     
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  5. Notanumber

    Notanumber A Free Man

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  6. KenS

    KenS Well-Known Member
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    Revelation 13:16-18 The Voice (VOICE)
    16 and the earth-beast mandates that all humans must carry a mark on their right hands or foreheads: both great and small, both rich and poor, both free and slave.
    17 Those who do not carry this mark, that is, those who do not have the name of the firstbeast or the number representing its name inscribed on them, are not allowed to sell their wares or buy in the market.

    I would fight it tooth and nail :)
     
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  7. Heyo

    Heyo Well-Known Member

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    If the cashless system is run by the government or at least controlled. So why fear the secondary power? It's the banks that have all the power in their hands anyway.
     
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  8. Heyo

    Heyo Well-Known Member

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    I could imagine to live in a moneyless society but the moment our government stops printing and minting money, I start to print my own.
     
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  9. Revoltingest

    Revoltingest High Intellajence Kwoshunt.
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    Banks can't seize a customer's money.
    But government can. They're the primary power.
    Having cash is undetectable by government.
    So if government cleans out one's bank accounts,
    A ready supply of cash on hand will allow one to
    continue paying bills.
     
  10. Nowhere Man

    Nowhere Man Bompu Zen Man with a little bit of Bushido.

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  11. 9-10ths_Penguin

    9-10ths_Penguin 1/10 Subway Stalinist
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    I'm basically cashless myself at this point. I generally only withdraw cash for a few things:
    • For tips at coffee shops that don't let you tip electronically
    • So I have change to dump into the "casual Friday" charity donation jar at work
    • For garage sales
    • Foreign currency for when I travel to other countries
    If my society went completely cashless, I'm sure there would be workarounds for all but the last use. I wouldn't miss it.
     
  12. ChristineM

    ChristineM "Be strong" I whispered to my coffee.
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    We rarely use cash except when visiting a market where the majority of traders don't accept cards.

    And the kids use pre paid cards.
     
  13. beenherebeforeagain

    beenherebeforeagain Rogue Animist
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    Large companies will also track everything, and can easily seize anything...Not to mention the inevitable hackers...
     
  14. Wandering Monk

    Wandering Monk Well-Known Member

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    Millions use apps on the phones that let them pay electronically.
     
  15. joe1776

    joe1776 Well-Known Member

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    How about an economy without the need for money?

    An economy without the need for money will be possible when we humans have invented a government that is not corrupt and is efficient in decision making. We've never had such a thing.

    Money facilitates trade, but a well-managed economy won't need trade.

    Money is like a cure for diabetes that causes cancer. Money facilitates trade and all kinds of crime .
     
    #15 joe1776, Apr 18, 2020
    Last edited: Apr 18, 2020
  16. paarsurrey

    paarsurrey Veteran Member

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    I lived in a village in my childhood which was mostly in barter system. Hardly any cash was needed, and it was beautiful to live there. A natural and beautiful living .

    Regards
     
  17. Wandering Monk

    Wandering Monk Well-Known Member

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    Most financial transactions today are electronic, both large and small.
     
  18. MNoBody

    MNoBody Well-Known Member

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    story time
    went to the landfill one day to dispose of the waste from the jobsite....
    minimum load size $20 at the exit.....my debit card did not transact....kept giving them erroneous messages that said the account was empty yet it wasn't and hadn't been....none the less it did not transact..line up size is increasing.
    fortunately i had some gov't scrip in the pocket, paid them and was allowed to leave without incident...
    now, without cash, what would have happened
    the idea is unworkable and IMHO is merely a refined control mechanism being sold to gullible naive children who know nothing of how cash is created or who owns it
    [really you think that is 'your' money, and that it is really 'money'....Ben Franklin was right good grief]
     
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  19. BSM1

    BSM1 What? Me worry?

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    A problem I see is if government, who produces, distributes, and 'backs' the cash, declares the cash invalid or drives the value of cash to near zero by over printing. In this case, gold, or tradable commodities would be the coin of the realm. I believe that investing in a warehouse of full of beer would make you a wealthy man if the economy completely tanks.

    edit: or bacon...
     
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  20. Revoltingest

    Revoltingest High Intellajence Kwoshunt.
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    How would a company seize your bank account?
    Are you equating hackers & the government?
    Cash still has the advantage of anonymity.
     
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