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   Trevor Goodchild:verified::pondering_orb: (trevorgoodchild@poa.st)'s status on Wednesday, 24-Jul-2024 22:33:52 JST Trevor Goodchild:verified::pondering_orb:
   Interesting pivot
   
   zerohedge.com/geopolitical/historic-shift-british-newspapers-begin-warning-perils-cashless-society-after-global
   • BowserNoodle ☦️ repeated this.
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     Trevor Goodchild:verified::pondering_orb: (trevorgoodchild@poa.st)'s status on Wednesday, 24-Jul-2024 22:33:49 JST Trevor Goodchild:verified::pondering_orb:

     in reply to

     • Poastal Enthusiast Alpaca
     • BattleDwarfGimli
     @WTFPurpleAlpaca @BattleDwarfGimli "All paper money inevitably regresses to its base value . . . zero."
     BowserNoodle ☦️ likes this.
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     Poastal Enthusiast Alpaca (wtfpurplealpaca@poa.st)'s status on Wednesday, 24-Jul-2024 22:33:50 JST Poastal Enthusiast Alpaca

     in reply to

     • BattleDwarfGimli
     @BattleDwarfGimli @TrevorGoodchild I suspect someone realized there's a fine limit where the suspension of disbelief is crossed and people realise just how worthless "the money" is, and "cashless" is just a step too far. The problem being that if people on mass realise the scam, then the Jews and shabbos at the top suddenly lose all their leverage. Their wealth is essentially a mirage. Probably why the likes of Bill Gates is trying to over-correct into real estate.
     
     Money should possess two qualities:
     
     1. It is tangible. It has to be solid and stable enough it keeps, transports well, doesn't fall apart in your pocket. Hence why usually stable metals. Even the dumbest retard should be able to hold it in their hands, turn it around, have the absolute security of knowing they possess it and if someone wants it they'll actually have to try and take it from you. Land is also not a bad proxy as land is finite and it's not as if a burglar can just sneak by, stick your fields in his pockets and sneak out before dawn. It fails the transportability requirement but hey-ho.
     
     We've already pushed the edges of believability on this one, fiat the infinite money printer, and with most "money" not even existing physically, even though technically all proxy-money should be backed up by bullion, and the simple fact there's not enough bullion or even paper money to cover all debts should they be called.
     We're already careening towards disaster on this count.
     
     
     2. It has scarcity enough to bestow upon it value. Again, stable metals like gold and silver (and land) also have scarcity in the sense the average joe can't just grow a field of it. The supply is theoretically always limited.
     That's it. That's the meme that makes money money. Grug likes your shinies and wants some too but they're just hard enough to get that it has value in itself and as a means of exchange.
     The fraction of the Earth made of gold and silver is tiny, and most of that is inaccessible. Most other gold that is somewhat feasibly accessible is out there across the vast forbidding gulf of space and for the vast bulk of human history has been beyond inaccessible, even in imagination.
     
     Fiat in the best of Jewish traditions shirks received wisdom for the grift. Great in the short term for the scammers at the top, the grandest ponzi scheme going, ultimately shit for the rest of us.
     Cashless money, doing away with the last pretences of fiat having any anchor to scarcity and tangibility, would break the whole system.
     
     Or at least that's what the scam artists at the top worry about...we should hope. If they have any common sense at all.
     BowserNoodle ☦️ likes this.
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     BattleDwarfGimli (battledwarfgimli@nicecrew.digital)'s status on Wednesday, 24-Jul-2024 22:33:52 JST BattleDwarfGimli

     in reply to
     Somebody perceived something in the New Cashless Society as a threat to coffers, long term, would be my guess.
     
     "How the hell will we launder our millions, if it is all digital? I am NOT paying taxes like a plebe!"
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     BattleDwarfGimli (battledwarfgimli@nicecrew.digital)'s status on Wednesday, 24-Jul-2024 22:37:58 JST BattleDwarfGimli

     in reply to

     • ☢️ :hacker_s: :hacker_n: :hacker_e: :hacker_e: :hacker_d: :what_a_shame:
     I am strongly suspecting we will see something like "cashless for thee, but not for me".
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     BowserNoodle ☦️ (bowsacnoodle@poa.st)'s status on Wednesday, 24-Jul-2024 22:37:58 JST BowserNoodle ☦️

     in reply to

     • ☢️ :hacker_s: :hacker_n: :hacker_e: :hacker_e: :hacker_d: :what_a_shame:
     • BattleDwarfGimli
     @BattleDwarfGimli @NitroDubs @TrevorGoodchild Just make banking prohibitively expensive and relax the consumer protections on it. They'll start charging plebs for the privilege of letting them use their money for usury.
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     ☢️ :hacker_s: :hacker_n: :hacker_e: :hacker_e: :hacker_d: :what_a_shame: (nitrodubs@poa.st)'s status on Wednesday, 24-Jul-2024 22:37:59 JST ☢️ :hacker_s: :hacker_n: :hacker_e: :hacker_e: :hacker_d: :what_a_shame:

     in reply to

     • BattleDwarfGimli
     @BattleDwarfGimli @TrevorGoodchild I hadn’t considered that angle.