Re: Cashless societyl
The usual array of misguided perceptions I see in this thread !
Let's deal with contactless stuff.
Anyone with a contactless bank card SHOULD long ago have purchased an RFID Wallet or purse. With your card in such, no criminal can walk behind you and scan your card. RFID wallets have been available for years. If you were unaware of them then you are hugely out-of-date and un-informed.
Moving on.
The "contactless" element of your bank card is nothing more than a tiny RFID chip which could be held on the tip of your finger. If you know where it is in the card, you could cut it out (destroying the rest of the card) and put it in anything else of your choice. A ring, the end of a magicians wand, anything. Then you could wave your "thing" over the card reader when you pay for stuff.
Probably about 1-2 years ago I posted info up on the forum about where all of this is going. They intend to put that RFID chip under your skin in your hand. Implanted. A simple quick local GP/clinic procedure. Once done you will just be able to wave your hand over a card reader to pay for stuff. At the same time you could wave your hand over a security door reader at the office to gain entry. Lot's of applications.
The entire notion of "money" is hugely flawed. People need to step back and think carefully about what they think they actually have, what they think their wealth is, what they think they actually own and are worth.
If those notions are a number representing cash in a computer system then I would council caution. A time will come when the banking systems will collapse or go down or otherwise be removed. When that happens you will find you are worth . . . nothing. That you own nothing.
FIAT currency is always destined to collapse and very especially if it is NOT backed up and underpinned by some actual asset. years ago the US dollar WAS underpinned by ACTUAL silver and gold. The promise on the bank note meant you could walk into the bank and demand the actual gold of the value of the note.
Fraudulent politicians and banksters have long since eradicated this. Now the bank notes are not underpinned with anything. Your bank notes are literally only worth the paper/linen or now plastic that they are printed on. They won't make much of a tasty meal when the collapse comes I'm afraid.
What we need then are REAL assets that are useful and valuable. Your house is of course the most useful and important asset. Be sure to have paid off any mortgage so that you do own your property. Then get your money into other tangible assets that are either useful for future trade or useful for life.
Having some gold and/or silver in small tradable denomination is sensible. Those things will always retain value in the world. Having other properties or equipment would be good. What will be useful when the banking systems collapse and they effectively rob you of all your perceived wealth? That's all your "cash", "savings" and pensions. Without those what do you have?
Don't get me wrong, I too need to address much of this before it is too late. We must understand that "cash" and numbers in bank accounts are simply worthless. Their perceived value exists only in the mind of people and institutions. Once that perception is gone they are just bits of worthless paper and plastic.