Criminals use cash, you know. Gamblers, too! Bank robbers steal it. Whaddya think? That drug dealers take credit cards? Why do criminals use cash? Because they’ve got something to hide. If you’ve got nothing to hide, then why do you need cash?
That’s they way they’ll paint it. Rather, that’s the way they’re already painting it. Just think. Our beneficent government already, right now, and often, arrests cash. Not people: cash. We’ve heard of folks who run small stores who make regular small deposits have their funds stolen by the government because their deposits are “suspicious.” No proof of crime is needed. Just suspicion.
Even the official voice of godless materialism was forced to write “Law Lets I.R.S. Seize Accounts on Suspicion, No Crime Required“. IRS made “made 639 seizures in 2012, up from 114 in 2005.” Nobody expects a slow down.
Say, maybe giving incentives to corrupt prosecutors on amounts seized wasn’t such a good idea, no?
Guy named Guppy (yes) in The Spectator wrote:
The Monday after the massacre in Paris, I walk into a bank near the Place de la République to deposit a little over 1,000 euros into a friend’s account. After a number of tut-tuts the transaction passes. ‘Why all the fuss?’ I ask, only to be informed of new laws being phased in that will prohibit cash transactions over 1,000 euros, with equivalents in Italy, Belgium and numerous other countries also being enacted. ‘Soon, there won’t be such a thing as cash!’ When I question the logic behind such regulation, excitement turns to bewilderment. Didn’t I see what happened on Friday?! ‘C’est pour votre securité.’ Ah yes. Of course. Such measures are there for all our safety.
They’ll be taking your money for your own good.
Hey, what a convenience it will be when cash is eliminated! No need for ATMs. Thefts, they assure us, will be a thing of the past. Of course, in a strong-arm robbery you might loose a hundred bucks, but once a hacker gets into your account you’re wiped out. So what. At least people won’t be able to cheat on their taxes. The government will be able to track every transaction. This will be said to be a good thing, to bring about efficiencies.
One day you’ll see an email from the Department of Health stating, “We notice that you’ve been buying a lot of salt lately. Salt isn’t good for you.” Don’t worry about the IRS, FBI, NSA, and the rest having access to everything you do. They rarely abuse their powers. Right?
When the push comes, many companies, their executives already in and out of government, will be there to back the transition. Ads from Visa, American Express, Apple, showing brightly colored happy people making brightly colored happy purchases with their brightly colored devices. And, of course, a small cut of every single purchase and transaction will go to these government-approved “facilitators.” Can you imagine what it’ll be like? Besides prices necessarily rising, we’ll see phenomena like “This Wishing Well sponsored by Visa.”
Apple and the rest will form a non-profit devoted to exposing criminal activities. From this entity will come many “studies” showing the dangers of cash. They’ll warn that cash can be counterfeited. They’ll forget to mention that bits stored on a database are even easier to counterfeit.
Look: cash belongs to government, anyway. So it has a right to take it back. Money, of course, isn’t cash, though the two things are often confused and conflated. When money was backed by some tangible, real asset, like for instance gold, there was no chance for the government to control all money. Government could create coins or bills “mapping back” to actual assets, of course, but people could always trade the asset themselves and forgo using the government “mappings”.
When cash is eliminated, asset trading will still occur to some extent. Stocks, bonds, and other mappings to real assets will change hands. But only at high levels and mostly between the rich. The guy who runs the party store up the road will be dependent on the system the government dictates. So will his customers.
You might imagine a barter system will develop to circumvent gmoney (the word for government electronic cash, which won’t really be money), and to some small extent it will. But the goods people swap will have to largely be bought with gmoney, so any bartering will be small beans.
Every writer of any sense has, for centuries, warned us of the demand for absolute centralization all democracies experience. The elimination of cash is just one of many steps towards that centralization.