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‘Cash Is King’ Now More Than Ever

The term ‘Cash is king’ has been around a long time and in the business world it refers to value that is not tied up in assets of a type that can not be readily made use of.
Having cash means that one can use it immediately to make purchases or pay for services, person to person and this leads to an important aspect of a cash society, it’s use for transactions is fundamentally untraceable. Privacy is of major concern these days as we move further and further into a Big Brother era and it’s easy to see why governments want to eliminate cash so that they can have more control over citizens, making people’s transactions a map of their movements and their psychology.

In the early days of the plandemic, anyone who predicted that a social credit system would be implemented by western governments, one that would monitor movements and transactions with algorithms that automatically assigned a score to individuals, was called a conspiracy theorist yet now banks in the West are closing their doors and insisting that people use cards for everything, regularly. Shops like Starbucks don’t accept cash and I’ve heard that some supermarkets are beginning to do the same.

Will it work? I don’t think so, if cash is officially taken out of use then something will replace it, be it gold, silver or other precious metals. When I visited India years ago, unopened bottles of coca cola were being used as currency, basically anything that people needed could be swapped for something else. This is called bartering but is essentially the same thing as using cash.
Cash has long been a condoned way to exchange value and the eliminating of it by governments in an attempt to micro control populations is unlikely to succeed. One has to realise that in China where the social credit system has largely succeeded, the population is submissive in nature and the government brutal while here in the West, mindsets are different and capable of civil disobedience. Europe for example is on the brink of major civil disobedience as governments have lead their citizens into an appalling energy situation and when the US runs out of diesel in the next few weeks then anything is likely.

During the plandemic the NZ government pushed a QR code system as hard as they could, saying that people couldn’t enter shops, even supermarkets unless they signed in or used their cellphones to click in. It was very unpopular and eventually they abandoned the idea. There are no longer any QR sign in images on shop windows or doors and rightly so.
The problem for many Western governments that would like to embrace a cashless society accompanying a social credit system, is that people are waking up to just exactly where that would take us and what the real motives are behind the idea.

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