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Government Plan Would Transform Israel Into The World’s First Cashless Society
Submitted by Michael Snyder of The End of the American Dream blog,
Will Israel be the first cashless society on the entire planet? A committee chaired by Israeli Prime Minister Benjamin Netanyahu’s chief of staff has come up with a three phase plan to “all but do away with cash transactions in Israel”. Individuals and businesses would still be permitted to conduct cash transactions in small amounts (at least initially), but the eventual goal is to force Israeli citizens to conduct as much business as possible using electronic forms of payment. In fact, it has been reported that Israeli officials believe that “cash is bad” because it fuels the underground economy and allows people to avoid paying taxes. It is hoped that requiring most transactions to be conducted in cash will reduce crime and help balance the national budget. And once 98 or 99 percent of all transactions are cashless, it will not be difficult for the Israeli government (or any other government) to go the rest of the way and ban cash transactions altogether. But is a cashless society actually desirable? This is a question that people all over the world will have to start asking as governments increasingly restrict the use of cash.
Back in September, it was announced that the Israeli government had formed a committee to “examine ways to eliminate cash from the Israeli economy”…
The government on Tuesday authorized establishment of a committee that will examine ways to eliminate cash from the Israeli economy – the better to prevent citizens from cheating on their taxes. The committee will be chaired by Harel Locker, director of the Prime Minister’s Office.
This committee had the full backing of Prime Minister Benjamin Netanyahu, and some of the goals of the committee included finding ways to increase tax revenue and prevent money laundering…
Officials in the Prime Minister’s Office declared that “around the world, it is recognized that cash is a key element of the illegal economy and money laundering. It allows a wide gap between reported and actual incomes, with the corresponding effect on tax revenues.” By eliminating cash, the PMO said, “it will be possible to expand the tax base, and prevent money laundering.” The committee will study the issue from all its perspectives and make recommendations, the PMO said.
The committee has had quite a few months to examine these issues, and now they have come back with their recommendations. Just this week we learned that a three phase plan is being proposed…
A special committee headed by Prime Minister Benjamin Netanyahu’s chief of staff, Harel Locker, has recommended a three-phase plan to all but do away with cash transactions in Israel.
The motivation for examining a cash-less economy is combatting money laundering and other tax-evasion tactics, thereby maximizing potential tax collection and greatly expanding the tax base. This is important considering the enormous strain put on Israel’s national budget by the army, healthcare system and other public services.
The committee estimated that the black market represents over 20 percent of Israel’s GDP, and cash is the facilitating factor. Cash enables tax evasion, money laundering and even financing terrorism.
So what do the specifics of the plan look like?
Well, there will be very strict limits on the use of cash for individuals and businesses, any violations will be considered criminal offenses, and all Israeli banks will be required to issue debit cards to all account holders…
What the committee would like to see happen, pending government approval, is greater restriction on the use of cash, limiting the use of checks as a means of payment and exchange for cash, and promotion of the use of electronic (and therefore verifiable) means of payment.
The following guidelines were set out by the committee for the short-term:
- Limit business transactions done in cash or by check to NIS 7,500 ($2,150) immediately, and reduce that further to NIS 5,000 ($1,433) one year from the date of legislation;
- Limit private transactions done in cash or by check to NIS 15,000 ($4,300);
- Any violation of these limits would be a criminal offense warranting a stiff fine.
In conjunction with these new restrictions, Israeli banks would be required to provide all account holders with debit cards to further promote electronic payments.
But of course this move toward a cashless society is not just happening in Israel.
In Sweden, it is estimated that just 3 percent of all transactions involve cash at this point. In fact, according to an article in the Washington Post, some Swedish banks do not handle cash at all anymore…
In most Swedish cities, public buses don’t accept cash; tickets are prepaid or purchased with a cell phone text message. A small but growing number of businesses only take cards, and some bank offices — which make money on electronic transactions — have stopped handling cash altogether.
“There are towns where it isn’t at all possible anymore to enter a bank and use cash,” complains Curt Persson, chairman of Sweden’s National Pensioners’ Organization.
And the U.S. is starting to move in that direction as well.
According to a study conducted by MasterCard, approximately 80 percent of all consumer transactions in the United States are now cashless.
But isn’t there a downside to all of this?
Just about everything that we do in life involves money. So yes, a government can track electronic payments to make sure taxes are being paid and money laundering is not happening, but it would also enable a government to do so much more.
If a government can track all of your transactions, it will essentially be able to monitor everywhere you go and pretty much keep track of virtually everything that you do.
If you doubt this, just try to live without any money some time.
You won’t get very far without putting some gas in your vehicle.
And without being able to buy food, you will get hungry pretty quickly.
Are you starting to understand?
This is why governments love the idea of moving toward a cashless society. It would give them an immensely powerful surveillance tool.
So let us hope that this does not happen in Israel or anywhere else in the world either.
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also helps prevent bank runs.
Yeah, also handy when you want to institute a nationwide federal sales tax on every transaction.
Maybe I was too hard on Satoshi.
Yeah you were.
Long PMs and crypto.
Cashless is the way to go. You guys missed out on all the other rallies, so don't miss out on your chance to own che@p c0inz today!
Federal Reserve Bank of Cleveland 4/2013
The Future of Cash
"In a mixed economy of competing payment methods, we believe that cash will continue to be a vital part of both the U.S. and the global economy in the foreseeable future. But cash is no longer the king it once was. Just 50 years ago, cash was used in 80 percent of domestic payments. Now that number is just 50 percent. From the invention of credit cards in 1950, ATM and debit cards in 1970, and ACH in 1974, to the emergence of online commerce and online banking in the 1990s, competition in the payments marketplace has eroded the dominance of cash. Debit transactions since 1990 have soared by 2,700 percent, and ACH by 680 percent, while cash volume has grown by only 4 percent annually. Checks have been the hardest hit: Usage has declined by more than 50 percent.
Cash still has one important advantage—a sense of control and anonymity that many other payment forms cannot offer. One of the major aims of central banking is to sustain people’s confidence in the overall payments and financial system. Cash, by providing a stable, safe form of physical currency, remains an important component of the Fed’s ability to maintain public confidence.
Cash isn’t going away anytime soon. Nor is the Fed’s role in the cash cycle."
http://www.clevelandfed.org/forefront/article.cfm?a=12208
A black Jew says, "Oh, shekHELL no!"
Better tell the Israeli mob that makes them the world's #1 location of forced prostitution. They don't want electronic trail or taxes.
http://www.cbsnews.com/news/israels-sex-trade-escalating/
Long & ugly history of abducting E Euro girls, often Jewish, into the trade.
https://en.wikipedia.org/wiki/Zwi_Migdal
As if the decoupling of FRNs from any hard asset wasn't bad enough, now they want to decouple the commercial bank 1's and 0's bullshit vapor funny money from FRNs.
This will end well.
Once FRN were decoupled from hard assets, there really is not much of a difference with getting rid of cash all together.
Backing by hard assets is what provided currency value. Once they broke it and were free to increase the supply of dollars at will, what is the value of paper dollars to 0's and 1's? Sure phyically printing money costs slightly more, but they're both essentially free.
Cashless just futher exposes how absurd the system is. When we've gone full cashless what is the difference between the dollar and bitcoin, other than the fact that one can be increased in supply and the other can not.
This is VERY troubling for those that live in the USA; once a policy is adopted by one nation it invariably is forced on its colonies.
Well we can be sure of one thing, the Messiah will surely storm into the IT Server room and overturn the racks with all the hardrives.
Times have changed but the essence of FRAUD and THEFT never has.
Hard assets and crypto (but not Bitcoin, it has first mover disadvantage).
But cashless will be hugely PM positive. Maybe this is what will cause the great reset in PM's.
Even the dollar it seems would only die in a cashless society. Too many struts in the current construct are built on it.
The value of all coins would explode. Anything small enough to use would be used. This will not work.. I hope people are not stupid enough to allow something like this. It has everything to do with TOTAL and utter control of society. If you think the government are bullies now, wait until we have a cashless society.
excellent news, this will destroy central bank control so quickly their heads will spin
" If you think the government are bullies now, wait until we have a cashless society." +100
Technically speaking, you're not too far off, at least when it comes to utilizing the Bitcoin network to crack PGP in about 20-30 years. Unfortunately, we have limited commentary from Aaron Swartz on the subject, but here's a primer.
http://tradewithdave.com/?p=15830
The USA is a Israeli vassel state anyway, once its been tried in the homeland they'll roll it out to the rest of the empire.
So....do they think the big drug business will just go along with this and use the NSA/ATF/FBI tracked debit cards?
I think not...the illegal drug trade would be forced (reluctantly) to use PMs for the large deals. Or, use another foreign currency...Perhaps the RMB would suffice.
And that's why the NSA released bitcoin years ahead of the move to exclude cash, as well as allowing (if not engendering) sites like Silk Road so people get used to the idea of using 'super secret' crypto currencies for criminal acts, when in fact things are designed to be crackable/traceable by NSA-level shops.
"Any violation of these limits would be a criminal offense warranting a stiff fine."
Can I pay in cash?
Ha, beat me to it ;-)
Kill the PLASTIC changers!!
shekkoinim
The chosen tribe starts to feed on itself. If this doesn't indicate the beginning of the end nothing will.
And he causeth all, both small and great, rich and poor, free and bond, to receive a MARK in their right hand, or in their foreheads:
And that no man might buy or sell, save he that had the MARK, or the name of the beast, or the number of his name.
Here is wisdom. Let him that hath understanding count the number of the beast: for it is the number of a man; and his number is Six hundred threescore and six.
Rev. 13:16-18
Yeah, I am going to be opting out of that mark thing as i suspect many here will as well..
Yea me to, That trip 6 branded on yer forehead has gotta hurt, not to mention making your head twist round an round and projectile vomiting like Linda Blair.
Got a Social Security number?
And a tracking device in your pocket that also allows you to make phone calls and pay for stuff?
"And he causeth all, both small and great, rich and poor, free and bond, to receive a MARK in their right hand, or in their foreheads:
And that no man might buy or sell, save he that had the MARK, or the name of the beast, or the number of his name."
This MARK, or seal, is figurative. It represents the way a human lives their life- in obedience to God, or obedience to something else. Those are the “marks” or “seals” discussed in Revelation (and elsewhere is Scripture).
There are numerous "marks/seals" discussed in the Bible and all of them are figurative, not literal.
ok, so if its figurative, then do you have a theory how something figurative could keep you from being able to buy and sell stuff?
Genius bigfoot_st.
@bigfoot
Of course. The Greek words translated buy (agorazo) and sell (poleo) must be understood first. Agorazo can mean anything from being, attending, do business, or hang out in the marketplace. Poleo can mean bartering or selling. Again keeping in mind that prophesy, especially in Revelation, is to be interpreted figuratively unless there exist Biblical precedents elsewhere in Scripture, the meaning of the "marketplace" is the whole world's commercial market. This "not being allowed", then will be due to a markedly clear difference between those who are wicked and those who are righteous in the end times. When that time arrives, and it is close, persecution of those who worship God, Christians, will occur and God will care for them as he did with Elijah, the Exodus, and numerous other accounts. Look up 1 John 2:15-17; Romans 12:1-2; Mark 8:36 to see what is important- why NOW is the time to build faith and worship God, rather than "markets" and wealth. Store up for yourselves eternal treasures in heaven, rather than earth, where rust and moth consume.
That's my hangup with these organized religions, they have what is figurative as literal and vice versa. The recorded history of many of these organizations is filled with heinous acts against their fellow man. Thoust shall not kill doesn't leave a lot of wiggle room.
@NickVegas:
Spot on. Religious denominations are nothing more than franchises. You can get some truth and some falsehood at each, but if you want the unadulterated truth, you need to go straight to the Bible.
You can't get McD fries at Wendy's, and you can't get the Baptist "Rapture" at the Jehovah Witnesses.
All of 'em have some things right, some things wrong.
Why?
Because they are franchises, and proud of it. Can't change any interpretations, because if they did, their congregation might start asking "what else are they wrong about?"
And they fear that that would lead to their income going in a downward spiral.
Trust in God, not men. Read your Bible as if your life depends on it.
It does.
PS- why so many denominations, then?
Answer: "But what does it matter? The important thing is that in every way, whether from false motives or true, Christ is preached. And because of this I rejoice. Yes, and I will continue to rejoice". -Philippians 1:18
Which bible Seek, christian, muslim, jewish, hindu? The bible is nothing more than story telling, and terrible story telling at that. It was only begun being written some 70 plus years after the existence of jesus so the accounts of history contained therein are Chinese whispers heaped upon Chinese whispers. It cannot possibly be factual, NOT POSSIBLE.
You've simply been programmed to believe these books have some significance. You can't know any different. I sat with amusement as a relative read from the bible two nights ago at the dinner table, part of his family's nightly ritual. I can't remember the exact tribes this passage was talking about but something like the Gabbonites and Azzonites or some shit. The moral of this passage was the Gabbonites chose peace and were spared and the Azzonites didn't and were destroyed. Yet, and here's the kicker, the seventh commandment is thou shall not kill SO HOW THE FUCK DOES ALL THIS KILLING IN THE FUCKING BIBLE TAKE PLACE IF GOD COMMANDS NO FUCKING KILLING AS A COMMANDMENT.
This god is a fucking hypocrite of the tallest order.
@bringontheasteroid
Close minded foul mouthed liar should be your screen name.
You look completely ridiculous asking questions like "which bible"?
The Koran is not the bible, nor is the torah, etc.
Duh.
What a maroon.
"Don't waste what is holy on people who are unholy. Don't throw your pearls to pigs! They will trample the pearls, then turn and attack you." -Matthew 7:6
Downvoted. Please meditate on 2 Tim 2:24-26 and Titus 3:2.
It's actually "You shall not murder". You said kill. Big difference.
Oh my fucking nut sack, here we go, let's get into the intricacy of the interpretations of killing and murdering. Ok, right, here goes, if it's ok with god it's killing, if it's not ok with god it's murder. How do I know if it's ok with god, because a fucking voice in my head that I call god says so.
You people are mentally deficient.
Defending your kids by killing an invader is defense.
Arranging for your neighbor to die at someone else's hands so you can marry his wife is in fact murder (King David).
Spot on Nick.
First they were the only ones who could go in the temple? Then they were the ones who could write and properly interpret Holy Books. Then they were the ones who were aligned with the Empire in a synergistic power sharing between church and state. Then they were the ones who controlled the printing press. Then they picked which books got to be in the Holy book. Then they controlled the money supply. Then they controlled the media. Then they controlled the courts. Now they want to control the rain the falls from the sky and they want to pick which seeds you are allowed to plant and eat. Next they want to control your buying and selling through a centrally managed digital clearinghouse complete with global transaction tax which is THE key to successful global governance. Cash transactions = black market = criminal tax evasion from the revived roman empire.
Their edict: we can, you can't.
Contrast all of that CENTRALLIZATION CRAP to Jesus' teaching:
- You have heard it said but I tell you...(started his public ministry by contrasting light and darkness)
- God can raise up children of abraham from these rocks (challenged the legitimacy and authority of the jews)
- You would have no power over me if it were not given from above (challenged the legitimacy and authority of the romans)
- The sabbath is made for man, not man for the sabbath. Then neither do I condemn you, go and sin no more. (elevated humanity over legal code and clarified that legal code is there to protect and defend human dignity)
- The law and the prophets are summed up by this: love God, love neighor (no seminary degree needed to figure out the golden rule. The libertarians are far closer to getting it right than the christian neocons.
- I will send the holy spirit and He will guide you into all truth (he disintermediated the church and the state from a position of absolute authority to being subservient authorities and He restored man's sovereignty and elevated the role of conscience above duty to obey subservient authorities)
Even Paul, author of Romans 13 said to the romans, "judge for yourselves if we should obey God or man". His passage on governing authorities has a hidden rubric: authorities are subservient and are supposed to protect rights and punish evildoers. When the authorities become evil and give evil orders, they are not to be obeyed.
If Jesus is Lord then what does that imply about Jamie Dimon, Yellen, the Fed, Obummer, and the pending NWO antichrist?
That's right, they are not Lord to us nutjobs who will obey God, not man.
Seek_Truth - Got to be brief, financial blog:
666 is a dimensional reference and a literal reference. It refers to empire. The seal of Nero (how letters were sealed with wax) had the stamp 666 which was the Roman empire. Nero was around 450 years after John of Patmos wrote Revelations.
The geographic dimensions 6x6x6 is a pyramid. Man uses this form of charting for wealth inequality for example. Or a food pyramid. The angel tells John there are three empires in Europe, one that was Greek one that is (Roman) and one which will a revived Roman empire. John describes the
symbols of the nations that make up the "beast". They are the UK, European countries and Russia. These give there power to a new world empire, the dragon.
333 numbers were an obsession of Tesla. That is because we think in 3D and organize our thoughts and thus by extension create tools/organizations such as government. Remember all that "triangulation" talk in the late 90's? It's all about how you and I interact and how it creates or influences an outcome by a third participant that may or may not have a choice of decision-making. 3x3x3 is a smaller pyramid, it represents the formation of monarchy and lasts 40 years. 6x6x6 is a completed pyramid of monarchy that last 80 years. The reserve currency peg nation these days becomes empire and USA got the peg in 1932 and now 80 years later it goes to China, funded by Anglo-American empire.
Man has been evolving between 3D and 4D, we're punching holes in 4D using a Quantum computer (google quantum tunneling through ionization). Our building are more square in form. Organizations have broader management structure such as boards. Still becomes a pyramid but the tools reflect the evolution.
Nothing wrong with tools such as debit cards over cash. It is empires that corrupt the money supply by dilluting it. Revelations tells of a time of an ending of such ways of doing business rather then the end of earth. It does tell of a war with 200 M combatants and where John sees and describes modern weaponry, a world war 3 type scenario. 1/3 globally die and afterward if man returns to empire building as prior fashion and doesn't learn and asteroid hits the earth. Anyways, most folks dwell on the fear of an ending of how bad business is done (hedging good) but ignore the final scripture that says "The tent of God will dwell over man forever and he will wipe every tear from there eye and death will be no more".
With cracking the DNA code, organ growing, nanobots, anti-aging medication all now being developed we could easily see living well to 120 and with quantum physics returning to our original form as energy, a final evolutionary step. Yes we are close. Here is my email if some want to chat about this some more. It is jrines@ragingdebate.com . I tend to study more hard science like Buckminster Fuller but some of the accuracy of biblical writers intrigue me, especially Daniel. One can take a calculator and see his prediction of Isreal being restored in 1947 over 3,500 years in advance.
I do believe in god and i am a pandeist.
Mate, you lost me at 'when the angel said to John'.
You cannot possibly believe this shit unless you are mentally retarded. MENTALLY FUCKING RETARDED.
Figuratively look me in the eye and tell me you believe a fucking angel told John what to write in revelations.
Seek_Truth - Got to be brief, financial blog:
Yes it is a financial blog, and the theme of finance is central to the prophecies of the Bible. Babylon the Great is the world's financial power. "By your magic spell all the nations were deceived." -Revelation 18:23. That magic spell is money.
As for understanding 666, the Bible, as always, provides the clues to interpretation. 1 Kings 10:14 and 2 Chronicles 9:13 are identical:
"The weight of the gold that Solomon received yearly was 666 talents," further reading of that chapter and the next leads to the story of Solomon's apostasy (compare with Deuteronomy 17). Solomon was made "Wiser than anyone who had lived" by God -1 Kings 3:9-14. Now this is the key to interpreting Revelation 18:13:
"This calls for wisdom. Let the person who has insight calculate the number of the beast, for it is the number of a man. That number is 666". Solomon was the prototypical "beast" out of the earth. ( as opposed to the beast out of the sea). Also, there is zero evidence that the "seal of David" is the six sided star seen on the flag of Israel today. That seal is the seal of Solomon, the symbol of Cheun, Remphan, Rephan, Saturn: "You have taken up the tabernacle of Molek and the star of your god Rephan, the idols you made to worship. Therefore I will send you into exile' beyond Babylon." (Acts 7:43) This God spoke to the Jews, who Jesus Christ revealed to have followed the ways of Solomon and who have become the Synagogue of Satan: "I will make those who are of the synagogue of Satan, who claim to be Jews though they are not, but are liars--I will make them come and fall down at your feet and acknowledge that I have loved you." This He said to true Christians alone, and to no other belief system did He ever admit salvation. Only through Christ can a human be saved: "16 For God so loved the world that he gave his one and only Son, that whoever believes in him shall not perish but have eternal life." - John 3:16 I mention that because you stated you are a pandeist.
Complicity is not figurative, it is literal.
The cashless society is a means to compelling everyone who transacts into contributing to the enslavement of everyone else who transacts. Thus taking the mark and continuing to transact is in fact a moral choice, a line in the sand. James Dobson just stood up and said "come and get me" to obummer over his refusal to be forced into funding abortion. Is Dobson misunderstanding the issue? Is it ok to fund the murder of unborn children as long as we are living good lives? How should we view the exemplary employee of the month who happens to be a guard at a nazi concentration camp? How about a US fema camp? How about the TSA molestor of the month at the airport? These also are moral decisions although extreme examples.
So that it is clear that I am not preaching to the choir, using fiat currency for transactions is a moral choice which steals the savings of savers. Paying taxes to the US empire is likewise a moral choice which results in boots on the ground around the world to compel them to continue using fiat currency for transactions.
We are all complicit to some extent but as the mask comes off and the raw brutality is revealed, our responsibility to choose rises. The mark is the ultimate culmination of that, as prophecied.
"What does it profit a man to gain the whole world and lose his soul?" Jesus
Durable says no to the mark.
Rev 13:16 is right to the point. Now, what are you going to do about it? Will you burn your debit cards? We burned draft cards once upon a time. It seems that time is approaching us again. Who do you serve, God or Mammon?
And the third angel followed them, saying with a loud voice, If any man worship the beast and his image, and receive his mark in his forehead, or in his hand,
The same shall drink of the wine of the wrath of God, which is poured out without mixture into the cup of his indignation; and he shall be tormented with fire and brimstone in the presence of the holy angels, and in the presence of the Lamb:
And the smoke of their torment ascendeth up for ever and ever: and they have no rest day nor night, who worship the beast and his image, and whosoever receiveth the mark of his name.
Rev 14:9-11
Stop spewing forth quotations and tell me straight, do you actually believe angels spoke to humans and told them what to write in the book of revelations ? ? ?
How many fucking nut cases actually inhabit this forum. I have to pinch myself that the question even has any relevance in the 21st century. I have to pinch myself that the particular combination of words even exists.
Roid
Yes, there are lots of ZH'rs who believe that God exist, that He made angels, that angels have spoken to humans, and that humans wrote stuff down. How many of us? I dare say 30-40% or so.
But riddle me this, you who stand on a soap box and rail against those who believe such absurdities...
why do you care? why do you seek truth? why do you want to be on the right side of history? if zh'rs are losing, and we are..why are you still here? are you a defective sampling from the gene pool that has mommy issues? Or is the concept of right and wrong actually matter to you? and if it does then why? who put it there? what evolutionary purpose does a morality instinct provide? If we are all but random evolved matter capable of pain and pleasure then the global elite have it right and you should stop reading ZH and go join a masonic lodge so they will let you in their club and you can be the hammer instead of the nail...
No? what won't let you? conscience? now where did that come from I wonder?
Biometric chips keep getting smaller. Give the line "intel inside" a whole new meaning.
That's the exact direction that the Neocons and Global-Zionists want to go:
1. One currency to rule them all, in tandem with...
2. Biometric implants to monitor every transaction (and movement) in real time.
Total World Domination under The Mark -- not under the All-Seeing Eye of "God", but the eye of Sauron/Satan.
But don't worry, we'll be allowed to vote for the Sauron of their choice... on a nice shiny Diebold machine.
What biometric chips? A huge majority of people already voluntarily carry a tracking device that allows them to make phone calls and pay for stuff. If you can't afford to buy your own, the .gov will provide you one at no cost to you. It's already here.
Dup
Remember to repeat that as a mantra, during:
1) Blackouts
2) Network operator failures
3) During a hackers' attack that knocked down your bank for a few days
4) During a bank holiday
Fonestar, where do you see Bitcoin by the end of next month? Personally, I am expecting a rally past $800. Any thoughts?????
Shit like this makes me think we are living in the "end times."
What a fucked up world.
Beck while a shill for the PTB in most cases spoke about cashless societies today and referenced the mark of the beast, prescient or?
Its the same as BitCoin.
Same hidden gov backdoor concept I'm sure. If US govt can't get people to voluntarily accept Bitcoin, they will ram it - or another backdoored digital currency - down our throats.
One benefit of cash is it can't be hacked.
Really, the bank called your greenbacks are to be exchanged next week 10/1 you been hacked..
@ Alaric above, the counterfeit is great paper hack, no?
This is why I am converting a large proportion of my bitcoin into monero, a truly anonymous, private cryptocurrency.
The only thing that was too hard on satoshi was the worship of his fan base. They built him up too much and in the end when the truth came out it crushed him.
What "crushed" Satoshi you liar?
His ego and incredibly annoying personality, basically.
He was a cult member who hadn't yet been scooped up by his family and de-programed.
http://www.cnbc.com/id/101708238
Bitcoin believer Marc Andreessen said that his bet on the cryptocurrency is for the long term.
. . .
"The other thing that's happening is the number of startups in Silicon Valley that are ramping up right now to build all kinds of applications around bitcoin is staggering," he said. "And so, we're seeing a really interesting flow of early-stage companies that have all kinds of ideas for everything—bitcoin contracts and bitcoin keys and bitcoin title and bitcoin assurance and derivatives and on and on and on, all these different kinds of applications of financial services rebuilt with bitcoin.
"And that process is just starting. And so, that's a five to 10-year process just by itself. And so our plan is to invest in the long run."
Yeah long run, you should stick to believing in your screen name. In 10 years, the world that you people know now, will not exist.
Having hope is one thing, and I have plenty of hope myself, but being delusional doesn't give things a real value. If one examined how much has come out of Silicon Valley that has lasted more than 5 years, you will come up with a list of three names. 3 corporate names that have heavy ties with the US federal government. In my short 34 years of life I have seen millions of companies come and go, and the majority of them were dotcom nonsense and supposed next-gen technologies that never panned out.
The only companies that last in the US are ones that bow down to the State itself and suckle off of it's teets. I live in Arizona and the whole region here is nothing but a pile of USG funded and subsidized companies. The few companies that were living without USG died off 6 years ago, or were just kicking down the road until they simply could not stay open anymore.
IBM, whom was in the news recently is a great example. When they started losing their USG contracts in the early 2000's they literally evaporated from the view of the general public. Only banker infused companies were using the glorious IBM servers in their financial departments, and see even China know's why the USG kept IBM afloat now with back room deals..
A favorite meme on ZH is
It will get worse before it gets better.
or
I can't wait for the Great Reset (so my gold holdings will elevate me to king-of-community status).
That's not what's coming.
What's coming is "It will get worse, and never get better. Ever."
It will definitely get much worse, then it will get better than it has ever been. Not because of gold, but because of God.
"Not because of gold, but because of God."
Right. God's gonna step in and fix things as soon as he gets back from vacation.
@ebear:
He ain't on vacation, he's making all of his prophecies come true. You might wanna start Dustin' off yer Bible and take a gander at what's written in there for your instruction.
You were gotten to young Seek. You have all the hallmarks of a cult member who has been brain washed. Please, go ahead, defend your cult, that's what all cult members do. Thank goodness people don't take your advice for we they would stone their children to death for disobeying them. Oh right, that doesn't come from the real bible, just the old one. Funny though isn't it that the bible seems to morph into a form that is more acceptable to society depending on when said society exists.
There is no truth, only laws deemed suitable by the majority at the present time. Who knows, maybe sooner or later it may be socially acceptable to kill investment bankers.
@bringontheasteroid:
You are a foul mouth close minded frothing at the mouth bigot.
You do not know me, or my background.
I remain un affiliated with any cult, sect, denomination, etc.
Should you ever develop the ability to ask questions in a many worthy of the respect you have for yourself, ask away.
Until then I bring you the words of Christ:
"Don't waste what is holy on people who are unholy. Don't throw your pearls to pigs! They will trample the pearls, then turn and attack you." - Matthew 7:6
God went Golfing this morning.
And he is Black.
Might be the Sam talking but love ya Crash. My favorite prediction is - things are going to get worse before they get a lot worse.
The NSA owns your shitcoins. Keep calm and slave on.
May be cashless but I have a feeling people will stock up even more with gold, and you just might see an underground economy based on gold and silver spring up. Not that hard to melt gold down into small incremental weights starting from a few grams up to ounces. How about you want a new kitchen, then pay under the table with gold your contractor. Simple and efficient. Not too long ago there was a hit in Texas paid for with three silver bars worth about 5 thousand dollars, a plastic surgeon hired a hit man to kill another doc who was dating his girlfriend. That was cashless and it certainly put the wheels in motion.
I will love it. Cashless economy and barter town will run side by side.
who runs bartertown?!?!
http://www.youtube.com/watch?v=Hgq4w4dqKsU&feature=kp
Fear not, shiny things are for terrists and drug smugglers too:
https://uk.finance.yahoo.com/news/colombia-investigates-gold-trades-susp...
and don't think they don't know you own gold & silver
I traded it all for crack cuz I lost my job now I'm broke and need welfare......<hands out>
Me too, massah! I'se sorry! But I vote for you come election day!
They don't!!!
(Oh no...now they do!!!)
About as much as they know everyone who is holding a Oz of pot.
they cannot track my PMs because I buy them using anonymous crypto, monero.
That's exactly what will happen. 'Cashless' is just a another way of saying 'bank credit'. Physical cash is the junk credit of the central bank, but it is nonetheless tangible.
Forcing people into bank credit would be the catalyst for the more common usage of gold & silver amongst the general populace, who love to dodge taxes.
Revelation 13:16, the Bible prediction of the Future
The Mark of the Beast
16And he causes all, the small and the great, and the rich and the poor, and the free men and the slaves, to be given a mark on their right hand or on their forehead, 17and he provides that no one will be able to buy or to sell, except the one who has the mark, either the name of the beast or the number of his name.…
"Revelation 13:16, the Bible prediction of the Future"
There are numerous "marks/seals" discussed in the Bible and all of them are figurative, not literal. The mark represents the way a human lives their life- in obedience to God, or obedience to something else. There is a MARK of God (figuratively on the forehead of those who worship Him and are obedient to Him), and a MARK of the beast, on the foreheads of those who worship Mammon, money, wealth, riches and the power it brings, or anything else rather than worshipping God.
Rev 13:16 is right to the point. Now, what are you going to do about it? Will you burn your debit cards? We burned draft cards once upon a time. It seems that time is approaching us again. Who do you serve, God or Mammon?
/theondoxazo:
That is exactly what it will come to in the end:
-faith in God
Or
-faith in mammon (by your magic spell all the nations were led astray-Revelation 18:23)
Both god and mammon can kiss my fucking ass.
Oh dear, oh horror, you just read "god" and "kiss my ass" in the same sentence, quick, pray, drink some holy water, cower in fear to prove to god you obey him.
FARK ME, FUCKING NUT JOBS.
It's the future so you cannot assume things are figurative and not literal.
JLee2027:
There is no "assuming", only a straightforward interpretation of Scripture.
Did you bother to read, and then think about the Scriptures in Revelation that I posted in this thread that prove that there is a MARK of the beast (out of the land) and that there is a MARK of God?
If there is a literal MARK of the beast on some foreheads, then there is a literal MARK of God's name on Christians?
Have you thought this through?
It's. Not. Literal.
There is no "assuming", only a straightforward interpretation of Scripture.
Garbage. Of course there is! It is not to be differently read by different people. Jesus warned about people like you.
"Jesus warned about people like you"
Citation? Scripture?
You can't find any?
Liar.
7
Fuck me, I'm confused. Which one of you believes in god better.?
Hit the Kill Switch!
Watch this video. All of it.
http://www.youtube.com/watch?v=YGAaPjqdbgQ
BITCOIN!
Something like Bitcoin. A government controlled digital currency should appreciate in value when the black market ceases to exist.
Conspiracy thorists like to point to 1913 as the start of the decline of the dollar, but prohibition and the rise of organized crime at the turn of the twentieth century are the true cause of the diminished purchasing power of the dollar.
Prohibition just made corruption endemic in American politics. The final nail in the coffin (Jeckyl being the first)
Remember Government is indistinguishable from 'organized crime' (there's a reason for that)
the only proper response to you is...
https://www.youtube.com/watch?v=5hfYJsQAhl0
Wow!
BARTER!
Isn't every transaction a 'barter'? The IRS even says if the party agrees to the value of the trade before the trade, then it is barter and there is no 'profit'. Each side of the transaction ALWAYS agrees on the value before the transaction don't they? If not, then there can be no 'transaction'.
What you are describing is "price discovery", aka the "ask" and "bid". Barter is the trading of a commodity(ies) for another(s) without the use of an intermediatary store of wealth, aka "money".
Okay I think it's time for black market to use yuans instead that digital 0 and 1s.
The goal is "no secrets", or in other words, CONTROL.
Whenever a government says they want to keep you safe, what they mean is they want to control you.
This is the template: "Criminals use cash".
I saw Captain America this weekend. It was shockingly on point in calling out government control under the guise of safety. It tells me something that this made it to the screen.
Haven't seen it yet, but have heard similar praise.
I am kind of tired of these James Bond, superhero, etc movies that paint the Russians as the bad guys, or some Arabs, or Chinese, as bad guys.
The really nasty ones are the crooks and killers controlling the USA govt. Might be nice to see 007 take on the White House and Pentagon for a change, rather than be operating in Moscow or Hong Kong.
This one painted the MIC as the bad guys. He blew up their toys.
Spoiler Alert!!!...
The bad guys weren't Russians... Hydra had its tentacles in hidden leaders worldwide, including the U.S. govt, and including SHIELD...
Recommended watch:
http://m.imdb.com/title/tt1653700/
Does a good job linking up intelligence services, drug trafficking and the use of terrorism as a demand destruction tool.
+10... Agreed...
an interesting tv show along these lines is 'continuum'. ymmv
If you notice, the "good guys" that come in and in the end arrest the bad guys are the CIA.
So, imho, the subtle message of the movie is that as long as things work out like they currently do with .gov, i.e. NSA and CIA, then all is good.
If you notice, the "good guys" that come in and in the end arrest the bad guys are the CIA.
So, imho, the subtle message of the movie is that as long as things work out like they currently do with .gov, i.e. NSA and CIA, then all is good.
I don't get it. How will elected officials be bribed without cash? How will the elite purchase their high-grade hookers and blow on the sly? In a financial panopticon, the powerful and wealthy are just as liable to get caught as the commoner, and they might even have more to lose. I can see a security-freak country like Israel trying this out briefly, only to scrap it less than a year later when it backfires and exposes those in control to too much liability. That might be a really salutary message, come to think of it.
Not all bribes are in cash. How about a few cases of high end champagne, a bevy of buxom escorts, bags of A grade coke, unlimited use of a penthouse/luxury yacht/corporate jet etc. No cash, no records.
Unless you are stacking (saving) cash then why do you want/need cash? Cash is just a useful unit of account to pay for the hookers and blow.
Are you proposing buying politicians with prostitutes and drugs to get around electronic currency tracking? You do realize that hookers have to be rented and blow purchased, right? Whores don't grow on trees, you know. In order to use them as units of barter for officials' loyalty, you have to invest in them somehow, and generally that requires cash, unless you want to tip off the authorities by charging Madam and her pharmacy to your Amex Black.
No; somewhere along the line you need cash in order to corrupt a government effectively. Even if you could buy votes with Pez or Tic-Tacs, you'd still have to hide your purchases to avoid exposure. That's why this will backfire: a government can't regulate away its own bread and butter.
They'll have to pry my cash from my cold dead hands.
<Not that I'm giving them any ideas they don't already have.>
The government's response: promise?
exactly. The only way around this is if they make March 1st for example, the first day of a cashless society, then March 2nd has to be declared "punch a government worker in the face day" Each day after that has to be coined (pun intended) something slightly more violent, until they decide that cash is okay. However seeing that this should have happened in 1971 when we went off the gold standard, my guess is we should all warm up to a cashless society.
I agree it would have worked better if they did it in 1971. Back then, only the government had computers powerful enough to handle all the accounts and transactions. Now.... oofah! Genie's out of the bottle, I'm afraid.
Uh-uh, should have done it 101 years ago, back in 1913.
this is just one more step before outright savings confiscation. to be followed by mandatory allocations of govt debt in every IRA/401k, which will allow the govt to confiscate a few trillion and extend the farce a few more years. This, of course, is the beginning, as it will eventually be followed by outright stealing of wealth from anyone deemed 'wealthy', which will likely be pretty much anyone that has anything saved for retirement. somewhere in the middle there will be another finacial crisis which will result in a bail-in, where americans will finally learn that they are merely 'unsecured creditors' to the TBTF banks. but enjoy those debit cards, serfs!!
Isreal, leading the way to total tyranny. I'm not a particularly religious guy, but: "Revelation 13:16-18
And he causeth all, both small and great, rich and poor, free and bond, to receive a MARK in their right hand, or in their foreheads:
And that no man might buy or sell, save he that had the MARK, or the name of the beast, or the number of his name.
Here is wisdom. Let him that hath understanding count the number of the beast: for it is the number of a man; and his number is Six hundred threescore and six."
There's a great guitar rift that follows the last sentence, too.
RIP Barry Clayton
12/29/2011
I had to look it up. I thought it was Vincent Price, but he wanted too much money, so they hired Clayton. Ironic.
we can get rid of cash and bonds at the same time
http://mobile.bloomberg.com/news/2014-05-26/nonexistent-aa-bond-is-colom...
From the article: “If we let the market figure it out by itself, it’s going to take too long.” You can't make this shit up.
Rands back..
I was just thinking this exact thought and then read your comment. This is earily like the MARK of the beast in it's conclusion from millenia of Zionist banking.
Why was Jesus nailed to a cross again? Oh, thats right, because he claimed to be the 'king of the Jews'. Screw with the Isrealites and you'll get nailed to the cross (or via their patsys). What do you call a people who are anti Christian again?
I'm not a particularly religious guy
You should be. The Bible correctly predicted the arrival of Christ 2000 years ago, as the Dea Sea Scrolls were proven to be written before his arrival. Revelation is the future. First signs of the End Times, re-establishment of the state of Israel (1948) and the destruction of Damascus, Syria (still coming).
Revelation is accurate because basal human nature does not change over time, short of biolotgical evolution's time table. Thus, for our edification, Revelation will be repeated again.
"And he causeth all, both small and great, rich and poor, free and bond, to receive a MARK in their right hand, or in their foreheads:
And that no man might buy or sell, save he that had the MARK, or the name of the beast, or the number of his name."
There are numerous "marks/seals" discussed in the Bible and all of them are figurative, not literal.
There is a MARK of God (figuratively on the forehead of those who worship Him and are obedient to Him):
Revelation 7:3 “Do not harm the land or the sea or the trees until we put a seal on the foreheads of the servants of our God.”
Revelation 9:4 They were told not to harm the grass of the earth or any plant or tree, but only those people who did not have the seal of God on their foreheads.
Revelation 14:1 I looked, and there before me was the Lamb, standing on Mount Zion, and with him 144,000 who had his name and his Father’s name written on their foreheads.
Revelation 22:4
They will see his face, and his name will be on their foreheads.
And a MARK of the beast out of the earth, figuratively on the foreheads of those who worship Mammon, money, wealth, riches and the power it brings, or anything else rather than worshipping God.
Revelation 13:16-18 (Which you quoted)
Revelation 14:9 A third angel followed them and said in a loud voice: “If anyone worships the beast and its image and receives its mark on their forehead or on their hand.
There won’t be any literal marking.
As I said above, I think you're wrong.
@JLee2027:
That's because you ignore the Bible, but continue to believe your denomination's twisted interpretation, rather than the word of God that you can find in your Bible.
PS- here's a scripture to open your eyes- Philippians 1:18
PPS- yes that's why there are denominations (franchises).
Look up "Cognitive Dissonance" to find out what afflicts you.
If you really knew the Holy Scriptures, you would quote some in your defense, but your problem is there aren't any that prove a literal interpretation.
To put it another way, the Bible is God's word, right?
It can't be wrong, correct?
Then we are both in agreement on that.
But the INTERPRETATION is what is in dispute, right?
I have shown you what the Bible states, that there is a MARK on the forehead of those who worship the beast, and those who worship God.
It is clearly figurative, allegorical.
Now, to prove your point, show me a Scripture that is in disagreement.
You can't because there are none.
God does not lie.
You don't know anything about me, and I stopped reading after the first nonsense sentence.
Goodbye.
I've read ZH since it's inception on another website. I've seen you appear and am only trying to help you take your blinders off! Good night!
Question for you: is the Bible right, or are men who interpret it right?
Sleep tight!
PS- did you look up "cognitive dissonance?"
And they still laugh at me at work for buying " that depreciating golden asset". Screw you guys, my day will come.
Miffed;-)
Its amazing to me that anyone thinks "non-conformist" electronic payments will clear the web.
Come into my parlor, said the spider to the fly ;-)
Well your comments still do... unless you're controlled opposition.
The web is an idea as much as an infrastructure. It may be able to decentralize further in the future thanks to new technology. One positive of the NSA debacle is it may be a driving force in that direction.
You have some sort of proof that I am "controlled opposition" of course or is the mere accusation enough to convict now, Orwell?
I'll expect a fucking apology, now...
Should anyone be fully trusted?
The .001% are fully trusted. Trusted. noun. "To own many trusts worth more than you can possibly imagine." See oligrach.