Hardly ever use cash. But I am ready for them. They wont get me. I have an allotment, so I will survive.
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Hardly ever use cash. But I am ready for them. They wont get me. I have an allotment, so I will survive.
We're all fecked once they eliminate it, and eliminate it they will.
Once physical money disappears so will any semblance of the anonymity and privacy it provides. Governments and their banking masters will know exactly how much everyone has and will be able to steal it at will via negative interest rates or simply through bail-ins.
Other than some low-level bartering, every transaction for goods and services will be easily identified. There goes what's known as the black economy: the government will get more in taxes (a polite word for stealing) for them to redistribute to the top 1%, or fraction thereof.
There's no if about it, tax is stealing... legalised stealing.
I can guarantee you, and anyone else who reads this message, that when you turn your toes up the state would have stolen more of your wealth than any mugger, burglar or scam artist ever will.
They are in league with the bankers. Together they conspire to steal through inflation. That hidden tax is the number one reason that just 62 families have the same wealth as the poorest 3.7 billion people in the world today and why 20 US billionaires combined wealth is more than the poorest 50% (163 million) of US citizens.
How many of these are getting state funding?
https://www.statista.com/statistics/...le-in-america/
If you don't agree with tax though what way do you suggest we pay for things collectively?
State funding? All of them (via inflation). Inflation is the means that those at the top steal from the bottom. And inflation doesn't happen by accident; it occurs when there's an excess of money in relation to the demand for goods and services. How to pay for things? QE.
Take inflation out of it and those people would still have much more money than the rest, mainly by their unique quality products in most cases.
However you ignored the point of my post I was most interested in, so I'll ask again.
If you don't agree with tax though what way do you suggest we pay for things collectively?