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Thread: anyone else still doing this?

  1. #21

    Default

    The answer to your question was plainly spelled out in the article you posted. Not to be insulting, but did you read it? (Or, was your question rhetorical? . . . . If so, sorry I didn't pick p on it.)

    The Reader's Digest Condensed version, is that obviously, in a cashless society, virtually all transactions can be monitored, tracked, and therefore taxed. Why would the government NOT want that?
    Last edited by LeadHead; 07-08-2020 at 10:18 AM. Reason: edited for clarity

  2. #22

    Default

    Quote Originally Posted by LeadHead View Post
    The answer to your question was plainly spelled out in the article you posted. Not to be insulting, but did you read it? (Or, was your question rhetorical? . . . . If so, sorry I didn't pick p on it.)

    The Reader's Digest Condensed version, is that obviously, in a cashless society, virtually all transactions can be monitored, tracked, and therefore taxed. Why would the government NOT want that?
    Unfortunately cashless is an impossibility as everytime power goes out then govt cannot be held responsible for people being forbidden to buy necessities, with no alternative provided for countless power out situations across the US on a yearly repeating occurrence.

    . Cashless will never happen. Every single year, in Montana, especially during the winter we have on average several weeks worth of comm and power interruption issues, which result in cash only at all stores, gas stations, etc. This is common all across the US. Think how every year, when hurricanes hammer the eastern seaboard, and power is down for weeks, people absolutely HAVE to use cash.

    Cashless will never happen. Those that think it would reveal that they live in meteo cities, where they have been lucky enough to not remember power outages. Give them one good multiday power out scenario, and they permanently change their tune, after hungrily going to the grocery store with their much loved cellphone tapp app and being told, "Sorry, no cash? No sale!"

    It is all part of Darwin natural selection. The dumb ones who decide to make their life dependent on outside elements that they have no control of, will have a big rude awakening when the next CME comes a knocking.
    Last edited by shades; 07-08-2020 at 11:31 AM.

  3. #23

    Default

    Why did you begin with the word "unfortunately"???

    While I agree somewhat with your argument, I do think you overestimate how much the government cares about the hardships you may or not face in Montana, or for that matter, anywhere with no beachfront or less than 20 electoral votes. Although a truly 100% cashless economy may never be achieved, that will not prevent the government, banks, and socialists from pushing things further and further in that direction. They are playing a long-term strategy, just as they have with virtually every issue that we were convinced would never come to pass. Eventually, they will win, barring some type of revolution, secession, or the Second Coming.

  4. #24
    Join Date
    Jun 2020
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    1,504

    Default

    Agree and of course ...
    What is Government all about..
    They produce nothing yet have the "rights" to any and all that have the misfortune of being born on their continent.
    There is no where to go, they abolished being born a free man of God long long ago, they own you from the get go, get skim off any and everything you earn or produce for a lifetime and your / we're nothing more than future tax paying mules aka; collateral to their partners in crime the Private Banking System(s).
    So yea, I very much "get it" a cashless society is nothing more than a(nother) Freedom Grab.
    And the suckers blissfully year after year, decade after decade and generation after generation ask "may I have another"

  5. #25

    Default

    Back to the original post way back on page 1, I have only saved pre '82 pennies, and those only from change, so not much of a "stack", maybe 50 lbs. worth in an old large pickle jar.

    I have been toying with the idea of setting back a bank box of Sacagawea Dollars.

  6. #26
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    Jun 2020
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    Default

    A Bank will give you 5% for yes Money issued by The Treasury but is only willing to pay 1% on their very own Currency ………
    Go figure hua, and keep connecting the dots.

    Coin shortage prompts bank to pay you for spare change:
    “It’s $5 for every $100 worth of coin brought in."
    https://www.fox5ny.com/news/coin-sho...appened-before

  7. #27
    Join Date
    Jun 2020
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    Default

    Quote Originally Posted by GOLDnSILVERchips View Post
    A Bank will give you 5% for yes Money issued by The Treasury but is only willing to pay 1% on their very own Currency ………
    Go figure hua, and keep connecting the dots.

    Coin shortage prompts bank to pay you for spare change:
    “It’s $5 for every $100 worth of coin brought in."
    https://www.fox5ny.com/news/coin-sho...appened-before
    And .....
    Another .... 5% over for Treasury Coins
    Treasury Silver Eagles are what $30 over face value (with current premiums) .......
    I'll keep all my coins, thanks anyway
    Wisconsin Bank Pays Above Face Value For Coins Amid Shortage
    https://www.zerohedge.com/markets/wi...-amid-shortage

  8. #28

    Default National Coin Shortage

    I went to Home Depot yesterday and noticed a sign next to the cashier. It said something like "Please Use Exact Change we are having a National Coin Shortage."

    It seems people have been hoarding their coins in a jar or something and not spending them. Found this article among many others


    Banks Are Paying People To Bring In Their Spare Change As National "Coin Shortage" Takes Place

    https://finance.yahoo.com/news/banks...153600814.html

  9. #29
    Join Date
    Jun 2020
    Posts
    1,504

    Default

    https://gold-forum.kitco.com/showthr...-Nickels/page8
    A Bank will give you 5% for yes Money issued by The Treasury but is only willing to pay 1% on their very own Currency ………
    Go figure hua, and keep connecting the dots.
    Last edited by GOLDnSILVERchips; 07-28-2020 at 02:20 PM.

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