OH NO A CASHLESS SOCIETY Video
The point is I don’t trust the government. If they have all my money they can take what they want. Having cash stops the government from stealing since we can take cash out when we are unhappy. This causes a bank run and sends a message. What about garage sales, small markets, small towns. If you don’t want cash then don’t have it. But don’t take away my option. If cash becomes illegal then you will always be susceptible to the enviable bail-ins. They know the US dollar is going to fail and they want to corral us into the banks. They want to tax you for every penny because they are going broke. So in some ways I agree with you Greg, I don’t normally use cash but if the option is taken away I know that we are being hunted for our $.
Bitcoin is a decentralised system backed by mathematics, open source code, cryptography and the most powerful and secure decentralized computational network on the planet, orders of magnitude more powerful than google and government combined. There is a limit of 21 million bitcoins (divisible in smaller units). “Backed by Government” money is not backed by anything and is infinitely printed at will by Central Banks. Bitcoin is limited and decentralized.
Cashless economy is inevitable, the future economy will be digital and decentralized, please cover cryptocurrencies like bitcoin, based on the decentralized technology called Blockchain (decentralized global ledger). Bitcoin is limited and decentralized, it’s digital gold… but borderless and easily transferrable.
We not in a cashless society yet, its the beginning of it though, and i can prove this..Revelation 13 and 17 says we wont be able to buy or sell with out the mark or the name of the beast or the number of his name. Can me or anyone else go in a food store right now and buy food with out any of that ?absolutely so to say were in a cashless society right now that’s honestly not correct nor accurate.