A couple of years ago, prominent German economist Max Otte published an article. There, he speculated on what would happen if the world banned cash payments, and only non-cash transactions would remain. In his opinion, this would lead to the total state domination of citizens. One cannot but agree with him – if at some […]
Posts Tagged ‘cashless’
Hawaii To Require Cashless Payments For Medical Marijuana
September 30, 2017 Activist Post Daily Newsletter Subscription is FREE and CONFIDENTIAL Free Report: How To Survive The Job Automation Apocalypse with subscription Source Article from http://feedproxy.google.com/~r/ActivistPost/~3/bds4tsRW2-c/hawaii-require-cashless-payments-medical-marijuana.html Views: 0
UK Supermarket Becomes World’s First to Offer Cashless Checkout with Finger Vein Scan
By Nicholas West The march toward a cashless society has now moved from the theoretical to the phase of widespread adoption. This is primarily due to developments in the tech sector that now enable the easy use of biometric recognition systems, as well as the increasing acceptance from a public who is becoming […]
Hawaii Becomes First U.S. State To Go Cashless For Marijuana Sales
By Aaron Kesel Hawaiian state officials announced Tuesday that Hawaii will be the first state to require the sale of marijuana to be cashless, paid with a special debit card payment system next month. “Oct. 1 is our target date to try to go cashless as much as we can,” Iris Ikeda the state’s […]
Cashless Society: China’s KFC Introduces Facial Recognition Payment System
By Nicholas West Step by step, facial recognition has been accepted by the general public for security; its appearance is proliferating at airports and at train stations around the world. With that acclimatization in full swing, facial recognition is also becoming a preference in the name of convenience as it is being adopted […]
The Perfect Robbery, The Cashless Society
By Samantha King What seemed almost like science fiction to our parents is coming scarily close to the realm of feasibility: more and more countries are talking about stopping the production and use of cash in their economies. The message is carried by the most prominent link of the monetary chain: States. But […]
Sweden predicted to be a cashless society by 2030
Niklas Arvidsson, one of the researchers at KTH behind the study, believes the prediction is possible. “It’s going very fast just now. For the banks handling cash is just a cost, so cash will only be available as long as people and stores request it,” Arvidsson told newspaper Svenska Dagbladet (SvD). According to […]
Money: The Fiat Dollar and a Cashless Society
Peter Koenig discusses the history of the fiat US dollar and its rise to the world’s first known reserve currency. He examines recent moves the US has made to impose a digital cashless society in India and speculates about the ramifications of such a move in Africa. Peter views the recent decline of the dollar’s […]
Banks Are Scheming To Dominate A Future Cashless Society
Visa recently announced its new Cashless Challenge program, which offers $10,000 to restaurants willing to transition into accepting only digital payments. As the largest credit card processor in the U.S., it’s no surprise Visa is spearheading this campaign. Under the guise of increasing transparency and efficiency, they’ve partnered with governments around the world to help […]
Visa Offering Bribes Of Up To $10,000 To Businesses Who Go Cashless For NWO
There are good reasons to think this initiative won’t get far. Customer resistance. Food vendors, and in particular restaurants, are low margin businesses with fickle customers who have little to no loyalty. Why risk driving business away? Aside from the fact that some customers prefer cash, a related issue is that using cards and smartphones […]
Why a ‘cashless’ society would hurt the poor—a lesson from India
India recently tried to reduce the use of cash in its economy by eliminating, overnight, two of its most widely used bills in what was called demonetization. While the effort – initially explained as an attempt to curb “black money” – has been a failure in many respects, it was part of […]
How Greece Became A Guinea Pig For A Cashless And Controlled Society
A man makes a transaction at an automated teller machine (ATM) of a Piraeus Bank branch in Athens, Greece. (AP/Yorgos Karahalis) ATHENS (Analysis)– Day by day, we’re moving towards a brave new world where every transaction is tracked, every purchase is recorded, the habits and preferences of everyone noted and analyzed. What I am describing […]
How Valuable is Your Privacy? A Cashless Society Would Transform Your Life
In the past few years, governments around the world have given signs of their wishes to progressively get rid of cash and to some extent become ‘cashless societies’. In their rhetoric, nothing but advantages to it. Today, the transition has already started, with the 500 Euro banknote discontinued, laws making payments in cash more […]
In Cashless Sweden, Even God Now Takes Collection Via an App
In Cashless Sweden, Even God Now Takes Collection Via an App May 14th, 2017 Reverend Wayne’s Pearly Gates open 24/7. Via: Bloomberg: In the most cashless society on the planet, even God now accepts digital payments. A growing number of Swedish parishes have started […]
“Cashless Society Getting Closer”
“Cashless Society Getting Closer” April 27th, 2017 Via: Reuters: More than a third of Europeans and Americans would be happy to go without cash and rely on electronic forms of payment if they could, and at least 20 percent already pretty much do so, […]
Saudi Authorities Panic – Ban Speculation On Riyal Devaluation Amid Banking Crisis
With Saudi Riyal forwards plunging back above 3.81, dramatically weaker than the current peg, Bloomberg reports that Saudi authorities are cracking down on currency traders as speculation mounts that the world’s biggest oil exporter won’t be able to maintain the riyal’s peg to the dollar as revenue plunges. Saudi Arabia […]
Malaysian Government Threatens Independence of the Bar Council
nsnbc : Malaysia’s governing UMNO-led coalition government proposes a bill that threatens the independence of the Judiciary by making the Attorney-General to head that independent Bar Council. The Malaysian Bar Association was created by statute in 1947, and as an independent association. The purpose of the Bar Association is to act independently to uphold the […]
Israel Acquires Nuclear Submarines For Attack On Iran
Professor Noam Chomsky has claimed that Israel have acquired nuclear submarines and are preparing to use them in order to attack Iran. In an interview with AcTVism Munich’s Zain Raza, Chomsky explained what happens to submarines Germany sends to Israel: “These dolphin class submarines that Germany is providing to Israel are instantly refitted in Israel to […]
Crocodile tears: Obama says destruction of Libya was a ‘mistake’
Obama admitted that the biggest misstep of his presidency was failing to plan the aftermath of the intervention in Libya. US President Barack Obama admitted that the biggest misstep of his presidency was failing to plan the aftermath of the NATO-led intervention in the crisis-torn Libya. “Probably failing to plan for the day after […]
Texas Insists Its Arsenic Tainted Water Is Safe
For more than a decade, drinking water systems in 34 Texas communities have tested positive for excessive levels of the carcinogen arsenic. Yet, despite this and according to a new report by the Environmental Integrity Project, the state continues to claim there is no emergency nor need for an alternative water supply. In the report, […]