A cashless society means no cash. Zero. It doesn’t mean mostly cashless and you can still use a ‘wee bit of cash here & there’. Cashless means fully digital, fully traceable, fully controlled. …
What you lose by going cashless:
- If you are struggling with your mortgage on a particular month, you can’t do an odd job to get you through.
- Your child can’t go and help the local farmer to earn a bit of summer cash.
- No more cash slipped into the hands of a child as a good luck charm or from their grandparent when going on holidays.
- No more money in birthday cards.
- No more piggy banks for your child to collect pocket money and to learn about the value of earning.
- No more cash for a rainy day fund or for that something special you have been putting £20 a week away for.
- No more selling bits and pieces from your home that you no longer want/need for a bit of cash in return.
In a cashless society:
- Banks have full control of every single penny you own.
- Every transaction you make is recorded.
- All your movements & actions are traceable.
- Access to your money can be blocked at the click of a button when/if banks need ‘clarification’ from you which will take about three weeks, a thousand questions answered and five thousand passwords.
- You will have no choice but to declare and be taxed on every pound in your possession.
- The government WILL decide what you can and cannot purchase.
- If your transactions are deemed in any way questionable, by those who create the questions, your money will be frozen, ‘for your own good’.
Cashless means all financial transactions involves moving money from one bank account to another.
Cashless is good for banks and government, but bad for the rest of us and bad for liberty.