Cash Is King…Until It’s Banned
We're all slowly being herded into the slaughterhouse, and hilariously the justification is because "it's safer" in there.
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A [Now] Outdated Saying: Cash Is King
Call it what you want: ‘Central Bank Digital Currency’, ‘The Digital Dollar’, or ‘The Mark of the Beast’, it’s probably all going to be the same thing in the end.
I wrote about this Digital Dollar years ago. For the past two years, we continue to make small but increasingly obvious steps in that direction.
One way they are now doing this is by pricing out cash:
Want to Pay Cash? That’ll Cost You Extra
From ballpark hot dogs to parking tickets, more cash payments are coming with a fee
When Noa Khamallah recently tried to pay cash for popcorn and soda at Yankee Stadium, his almighty dollars struck out.
The stadium’s concession stands no longer take cash. An employee directed him to a kiosk that could convert his greenbacks into plastic. Khamallah, 41 years old, fed $200 into the reverse ATM, which subtracted a $3.50 fee and spat out a debit card with a balance of $196.50.
Paying for anything in New York is expensive already, said Khamallah, who lives in the city. “If you add on top of that extra fees for being able to pay for food, that’s not right,” he said.
Paying with cash used to be a way to get a discount. These days it can often cost an extra $1 to $6—the sort of transaction fees once limited to swiping a credit card or using an out-of-network ATM.
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I personally just had a run-in with this a couple of weeks ago. Went to a farmer’s market in a nearby major city and they had signs everywhere saying “Cash not accepted” and “No cash on hand”. I was completely taken aback considering it was a farmer’s market, but apparently upon talking to some of the locals, the organizers decided to put this into practice because the stands were getting robbed, so it was “safer” to only use credit card swipes.
I don’t buy their excuse, but I also don’t doubt that they are getting robbed. It’s crazy how far our cities have been allowed to fall. But that’s probably a part of the plan, to increase the demand for digital dollars instead of physical cash.
If it is already happening at farmer’s markets, it’s going to show up everywhere. You all know that.
They’ll probably be a day in our lifetimes when stores won’t even accept paper money when our elites force the switch to the digital dollar. All of our hoarded Ben Franklins will be as worthless for transactions as gold was when the government banned it in 1933 by Executive Order 6102.
We’re all slowly being herded into the slaughterhouse, and hilariously the justification is because “it’s safer”. What an ironic comedy.
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This is a depressing way to start my day, but I have to agree. What really gripes me though is how firms don’t want to bill you for services, but rather have you enroll in autopay. The USPS is doing their part by raising first class rates every six months.
The autopay thing is a nightmare. Everything is either autopay, autoship, or some other “auto”.
I am not a zombie husk cash dispenser unable to buy things on my own without all the “convenience”, but the modern world sure makes you feel like it.
The autopay thing drives me nuts, glad I am not the only one with that struggle. Sometimes I feel like I am the crazy one that does not want to have any part with anything “auto”.
Autopay is even worse than just the fact it’s automatic.
You basically give up authority of a part of your bank account to the company that offers this service, and they can make cancelling subscriptions as hard as possible, which they actually do.
So I only use services which I can pay at the convenience store in cash for, and if automatic payments are the only option, I either look for a competitor, or if there’s really no other choice, I just make virtual debit cards for each service, so I can cancel the service by simply revoking the virtual debit card.
If they complain, I just raise a middle finger.
Great call on the virtual debit cards. I need to push for that more here, as I use them often too.
Make it harder to use cash, and cash declines in statistics.
Once statistics are low enough, you can claim that nobody uses cash anymore, so cash is no longer accepted anywhere.
The kind of tactic YouTube uses all the time, it’s a total fraud!
Although over here they don’t make it harder to use cash (yet), but they do insentivice the use of digital payments like credit/debit card, IC card, or QR codes by providing things like cashback, loyalty points, or discounts, and charging arbitrary fees for cash users.
And I’m sure if enough people get lured into this trap, they will start making cash harder to come by over here too.
Yep and then they claim that it’s our fault that no one used cash in the first place. Same story everytime.