Opposing digital currency.

[User00035]

A petition here from GB News against a digital currency and a cashless society. Rishi Sunak would have brought it in already if he could get away with it, and you can bet the next government pursue it. Don't let it happen by default.

Sign here.

Don't Kill Cash

.

www.gbnews.com

 

[Dunwaters]

It’s going to happen because the banks want it, the government wants, and it the WEF wants it.
What you want doesn’t matter and you’ll be given no choice.
You’re also going to be very much in a minority position. Have a look around at the businesses already not accepting cash.

 

[User00035]

I don't submit as easily as you. And I don't think I'm in a minority. I've yet to find a business not accepting cash - except during Covid, and those have gone back to cash. If I find a digital-only business, I will go elsewhere. If they won;t take my money in cash, they won't get any of it.
Just because the wealthy, the powerful, and despotic say something is desirable, almost certainly means it is not; and just because they say it must happen, doesn't mean it has to or that we should accept it.

 

[Sam64]

How do you pay for stuff online ?

 

[User00035]

How do you pay for stuff online ?

With a credit card, the same as everyone else. I didn't say is was against cashless transactions, only the complete abolition of cash.

 

[McKenzie]

I have to say if I find a business that's cash only I would avoid it. One, I never have cash. I don't use it, need it or get paid in it & Two, I'd assume that the business was dodgy.

 

[markj1]

Notes replaced gold and silver coins, if governments make cash obsolete then (some) people will go back to using gold and silver as method of payment, like in the old days.

I don't see why people object to not using cash BTW, personally I have no issue with digital-only currency. Cash is no security against being robbed by the government, we've been lucky here in the UK but in some other countries the government replaced the notes and rendered the old ones valueless (i.e. you cannot even change them at the bank), this sort of thing is very effective in taking away from the public cash money they hosts but can't explain its source.

But, ultimately, if enough people want it, I'm confident that cash will stay with us. Just as the banks tried 20 years ago to make cheques obsolete, but had to make a U turn because people still wanted them. Or, switching off analogue radio... that was announced but then cancelled.

 

[markj1]

I have to say if I find a business that's cash only I would avoid it. One, I never have cash. I don't use it, need it or get paid in it & Two, I'd assume that the business was dodgy.

I do speak to coffe shop and groceries owners, and those that now don't take cash describe how they happily gave up on the painful (and risky) process of dragging heavy bags of coins and stashes of notes to the bank, then queueing to deposit them (luckily there were stil Bank branches around back then). Not to mention that cash has legs... over time some will always go missing, unless you run the shop yourself and never employ anyone.

 

[Rasputin]

It’s going to happen because the banks want it, the government wants, and it the WEF wants it.
What you want doesn’t matter and you’ll be given no choice.
You’re also going to be very much in a minority position. Have a look around at the businesses already not accepting cash.

Sadly agree with all this. Nobody wants cash that’s in any way reputable. As much as I hate to say it we’re screwed.

Buy a gold bar I hear you say but then what you want to sell it and will have to accept some form of crypto.

We are now absolute slaves to the system.

 

[User00035]

Notes replaced gold and silver coins, if governments make cash obsolete then (some) people will go back to using gold and silver as method of payment, like in the old days.

I don't see why people object to not using cash BTW, personally I have no issue with digital-only currency. Cash is no security against being robbed by the government, we've been lucky here in the UK but in some other countries the government replaced the notes and rendered the old ones valueless (i.e. you cannot even change them at the bank), this sort of thing is very effective in taking away from the public cash money they hosts but can't explain its source.

But, ultimately, if enough people want it, I'm confident that cash will stay with us. Just as the banks tried 20 years ago to make cheques obsolete, but had to make a U turn because people still wanted them. Or, switching off analogue radio... that was announced but then cancelled.

The banks are to a large extent market-led. Although they're very good at ignoring the wishes of customers, ultimately they're nothing without those customers. Banks and businesses may want it for their own convenience but digitising the national currency is a matter for the treasury and the government and they are driving it not for economic or monetary, but for political purposes, and malign ones at that.

There's nothing wrong with digital transactions, but alongside cash, not completely replacing it.

 

[long_range_rob]

I’d still pay by barter but no one ever has change for a chicken

 

[User00035]

I’d still pay by barter but no one ever has change for a chicken

I've bartered all my life. Regularly trade my services and time for someone else's to keep it off the books. We both get something we want and no money changes hands.
Recently I was offered a free website design and set-up in exchange for doing some work on a chimney.
It's perfectly legal and impossible to outlaw because it's surveillence-proof. If we get a digital currency imposed on us I can see a lot more of it going on.

 

[Dunwaters]

I’d still pay by barter but no one ever has change for a chicken

I owe you an egg.

 

[long_range_rob]

I owe you an egg.

You still owe me a ferret from last time

 

[Stalker62]

I bet you a £10 note it never happens...

 

[User00035]

Not to mention that cash has legs... over time some will always go missing, unless you run the shop yourself and never employ anyone.

Plenty goes missing digitally as well.

 

[Cottis]

I bet you a £10 note it never happens...


View attachment 317537

I will take that bet as long as you promise to pay me in Bitcoin.

 

[Dunwaters]

You still owe me a ferret from last time

Since when was a ferret change for a chicken?
Okay 2 eggs is my final offer and not another peep out of you.
Ferret forsooth.

 

[Ratel]

I’d still pay by barter but no one ever has change for a chicken

I've got plenty of sparrows if you need them, 200 per chicken.

 

[VSS]

I've bartered all my life. Regularly trade my services and time for someone else's to keep it off the books. We both get something we want and no money changes hands.
Recently I was offered a free website design and set-up in exchange for doing some work on a chimney.
It's perfectly legal and impossible to outlaw because it's surveillence-proof. If we get a digital currency imposed on us I can see a lot more of it going on.

It's perfectly legal, provided it goes through your books as a contra transaction. Otherwise I'm not sure that it is, if what you're bartering is your trade or profession or products / assets of your business.

Contra transactions are very common in farm businesses btw, and we account for them all. Well, most of them. Some of them, anyway . If there were no contra transactions at all in our accounts that would ring alarm bells if we had a tax or vat inspection.