How the Government Will Take Your Cash: The Problem-Reaction-Solution of the Cashless Society

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Top Tier Gear USA

cashinhand

by Dylan Charles

“Every revolution needs a good crisis in order to germinate its seed. The cashless revolution is no different.” ~Patrick Henningsen

Depending on who you ask, the idea of a cashless society is either a utopia of modern convenience or an Orwellian nightmare, but recent international events coupled with stories about ATM cyber-hacks are fair signals that a major push for the cashless society is underway and will intensify.

“It seems the acceleration toward a cashless society is becoming like one of an amusement arcade amid the range of novel payment devices coming onto the market. These innovative payment devices are yet another novelty enticing customers toward fully traceable and trackable digital transactions, indeed cultivating user familiarity with a variety of cashless and contactless methods of payment.” ~Steven Tritton

In India, the government just banned the use of two of the most commonly used bank notes, the 500 and 1000 rupee notes (worth about US$7 and $14 respectively), and is reportedly making a move to restrict gold imports. Citibank in Australia just announced that it would no longer accept coins or notes, opting instead for digital transactions only. Denmark, however, may be the first country to go fully cashless, as its government has already begun implementing a program to move retailers off of cash, with the openly stated endgame of creating a fully cashless society.

A cashless society is “no longer an illusion but a vision that can be fulfilled within a reasonable time frame,” said Michael Busk-Jepsen, executive director of the Danish Bankers Association. [Source]

Is Resistance Futile, or Just Inconvenient?

To some, convenience and trendiness are the greatest selling points of a digital currency, but in order to make it obligatory for everyone, there must be a public safety threat included in the sales pitch, so that the government can claim that it is acting in our best interests when they force us to accept a digital currency.

Because an all out ban on coins and bank notes is not something that would not be unanimously acceptable, to push for such a drastic societal and cultural change, a predictable game plan is being used. It’s the simple dialectic of problem, reaction, solution.

We saw this in play as the threat of terrorism was used to fundamentally change the bill of rights and open the door for the creation of a surveillance and police state. We are seeing this in play right now as the push to control information has been introduced as a war on so-called fake news. Now, tell-tale signs are now emerging that the same type of media push is underway to make cash seem like a risky inconvenience in the modern technological world.

False Flags in the War on Cash

Consider the following stories, which foreshadow a coming public relations campaign to warn that developments in cyber warfare make the distribution of cash via ATM’s too risky to continue.

This first report from Reuters covers ATM attacks in Europe:

Cyber criminals have remotely attacked cash machines in more than a dozen countries across Europe this year, using malicious software that forces machines to spit out cash, according to Russian cyber security firm Group IB.

Diebold Nixdorf and NCR Corp, the world’s two largest ATM makers, said they were aware of the attacks and have been working with customers to mitigate the threat. The newly disclosed heists across Europe follow the hacking of ATMs in Taiwan and Thailand that were widely reported over the summer.

Although cyber criminals have been attacking cash machines for at least five years, the early campaigns mostly involved small numbers of ATMs because hackers needed to have physical access to cash out machines.

The recent heists in Europe and Asia were run from central, remote command centers, enabling criminals to target large numbers of machines in “smash and grab” operations that seek to drain large amounts of cash before banks uncover the hacks.

“They are taking this to the next level in being able to attack a large number of machines at once,” said Nicholas Billett, Diebold Nixdorf’s senior director of core software and ATM Security. “They know they will be caught fairly quickly, so they stage it in such a way that they can get cash from as many ATMs as they can before they get shut down.” [Source]

On November 20th, 2016, the Wall Street Journal reported on the following attacks in Asia, under the headline, “Hackers Program Bank ATMs to Spew Cash – After crimes in Taiwan and Thailand, the FBI warns of similar potential attacks in U.S.”

“In Taiwan and Thailand earlier this year, the criminals programmed bank ATMs to spew cash. Gang members stood in front of the machines at the appointed hour and collected millions of dollars.

Earlier this month, the Federal Bureau of Investigation warned U.S. banks of the potential for similar attacks. The FBI said in a bulletin that it is “monitoring emerging reports indicating that well-resourced and organized malicious cyber actors have intentions to target the U.S. financial sector.”” [Source]

Of key significance is the warning that large-scale attacks on ATM’s are imminent in the United States. This will be pitched as a problem that must be solved by the cashless society, with every corner of our financial lives being watched over by the very banking system that is already plundering our economy and making debt slaves out of our posterity.

A brief primer on the concerns of centrally managed digital currencies in a cashless society:

“Liberated from the burden of physical currency, consumers could make purchases from the convenience of a mobile device. Every transaction would come equipped with fraud protection, reward points and a digital record of its time and location. Comprehensive tracking could help the Internal Revenue Service reclaim billions of tax dollars lost to unreported income, like the $80 I made selling a used refrigerator on Craigslist. Drug dealers, helpless without an anonymous medium of exchange, would acquire wholesome professions. El Chapo might become a claims adjuster.

But this universe is missing one of the fundamental aspects of human civilization. A world without paper money is a world without money. Money belongs to its current holder. It doesn’t matter if a banknote was lost or stolen at some point in the past. Money is current; that’s why it’s called currency! A bank deposit, however, grants custody of money to the bank. An account balance is not actually money, but a claim on money.

This is an important distinction. A claim is only as good as its enforceability, and in a cashless society every transaction must pass through a financial gatekeeper. Banks, being private institutions, have the right to refuse transactions at their discretion. We can’t expect every payment to be given due process.” ~Elaine Ou

Time.com reported on the move to ban large US and Euro bills by 2018, citing the need to reduce crime, making the following statement:

“Large currency denominations are associated with crime. They also make it easier to withdraw large cash sums from banks.” [Source]

As if withdrawing cash from a bank is a criminal act. As if holding any or all of your earnings in your hand is a criminal act. As if having a way to protect ourselves from inflation and currency manipulation is a crime. As if we can ever have a crime free world when we are governed and ruled over by the biggest criminals the world has ever seen.

Further Resources

The Modern Survival Manual: Surviving the Economic Collapse

The Beginning Of The End (by Michael Snyder)

The Death of Money: The Coming Collapse of the International Monetary System

Crash Proof 2.0: How to Profit From the Economic Collapse

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  • celticreeler

    I would urge everyone to continue conducting transactions in cash. It is critically important that we not become cashless. Not only must there be a physical representation of wealth in our money (and, granted, a precious metal would be far superior to a piece of paper), but this is a significant part of defeating the surveillance state.

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  • N_Disnye

    Agreed, but eventually, as with new design notes, they will be deemed worthless (which they are anyway). They are ‘Promissory Notes’ and if the Rothschild owned & run Central Banks decide to NOT honour that promise to pay the bearer we are up the creek because traders will follow suit and nobody will want them.

    Nevertheless, even in a cashless digital society, the black economy will still thrive on the basis of skill for goods barter, leading eventually to local trading via a community exchange system, albeit on a more parochial basis, and then some ‘tokens’ of worth will be introduced and the whole thing will start again until the Rothschild grandkids screw it up in 100 years by creating too much debt..

    https://en.wikipedia.org/wiki/Community_Exchange_System

    • celticreeler

      Ha, funny: “…the whole thing will start again until the Rothschild grandkids screw it up in 100 years by creating too much debt.”

      Of course I hate FRN’s. But their redeeming feature is that they are a physical representation of wealth…unlike the bits and bytes of digital money.

  • TrevorD

    I will give up cash if the The Rothchilds and the rest of their scum friends are transported back to Saturn.

  • randy

    Because of all the hidden US cash bills in other countries and under the beds and in wall safe of every political type, they will drag their feet and say it can’t be done unless they can figure a way to turn THEIR hidden money into good digital money. They will not risk their nest egg. Because it would force them to be accountable for where it came from

  • Stew E

    This is total bs. I have worked with the security on bank ATMs. First off they do not carry millions of dollars, it would take over a hundred ATMs. The next issue for this story is the ability to hack in. ATms and banks are some of the only fiber and fiber copper hybrid network customers with direct lines not shared by anyone else. While working with Verizon at their HQ in Baskingridge NJ we would commly ping the lines, and test the routers for vulnerabilities. The only way to get in to those lines is to hack the router itself. We are not talking about your home router, we are talking about a router that has its own language for the OEM of the router, and runs Khufu’s deeds if not thousands of traffic points. Actually it would likely be less than a hundred for a bank or ATM. Most again are nearly completely direct. They call them 99% reliable lines. Your house is around 70% reliable, and you work is around 85%

    • whydowanttoknow

      Stop rocking the boat Stew, we can’t let the truth to come out in these stories.Those in control want the masses to believe it is hackers doing the stealing and it’s not an inside job by the bansters.

  • Anonymous1

    Why do I care if they can attack an ATM? That’s the bank’s money. Fix your stinkin’ ATMs! In the mean time, if I have to I’ll go into the bank to get my money. You’re not going to stop me from using some kind of cash or real money.

  • SP_88

    People are such idiots. They are being told that the attack on ATM’s means that cash is bad. And to prevent this, they should get rid of cash.
    But the cash was the victim here. It was the cash that was stolen. This sounds more like a reason to get rid of digital control over our money. It seems like more of a reason to never get rid of cash.
    Because of hackers and cyber crimes, we should never go to a fully cashless society.
    As far as the government is concerned, they would exploit this as a way to control every person in the world. They would have absolute power and control over everyone. They would be able to control what you use money for, how much you use and if you can use it. They could shut you down and prevent you from buying anything. They could control whether you eat or starve, or drive or walk, they would have absolute control over everything that you use money for. It would be a dictators wet dream. They would be able to violate just about every right we have at the touch of a button.
    If they don’t like this militia group because they speak of the Constitution and rule of law, shut down their ability to use money, either entirely, or just for firearms and ammunition. Or stop them from buying survival gear and MRE’s.
    The government would be able to shut down all their enemies just by shutting down their electronic money.
    Government control would be absolute. This would be the worst thing that they could ever do to us.
    Just like how they are trying to shut down certain internet sites, they would be able to shut down every enemy altogether.
    We absolutely cannot allow this to happen. We must fight tooth and nail to stop this from happening. We must let everyone know that this is bad.
    Our money, every penny of it, will only exist in cyberspace. And all it would take is a glitch to wipe it all out.
    With cash, at least there is a backup in case of an emergency. But imagine if every single penny in the world was simultaneously wiped out by a virus, or an EMP. It would be chaos.
    There are lots of reasons not to want a cashless society. But absolute government control is the biggest reason. Nothing good would come of it, that’s for sure.

  • GAZOO

    The government is the criminal.

  • NowHardToStarboardSheerAway

    Successful hack attacks against ATM’s necessitates only accessing payments electronically to protect against hack attacks.

    Yikes, I see a problem with that logic.

  • lizzie dw

    Over the last year or so, I have been reading more and more articles about getting rid of cash, sometimes headed, “The War on Cash”. The government of India decided to declare certain denomination of rupees invalid. That was a quick war. My question for all is – what can we do to stop anything like this happening in the good ole’ USA? I use cash 99% of the time. You know, they can’t trace cash – and they hate that. On the other hand I see people using a credit card to buy a magazine and a quart of milk. What’s that all about? Any suggestions out there to enable us all to keep our cash and nip in the bud immediately(!) any proposals to do away with certain denominations of bills welcomed!