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I am not at all comfortable with the elimination of paper currency no matter what the rationale proffered by politicians and government hacks. Control of peopl
by hash-set 10y ago
I am not at all comfortable with the elimination of paper currency no matter what the rationale proffered by politicians and government hacks. Control of people from the top down is an ever present risk and cash money has a strong offsetting influence to the nefarious plans of would-be dictators.
Put another way: Government is not benevolent and never can be. We should all be very careful.
- activatedgeek 10y agoWho's eliminating paper currency?
- hash-set 10y agoOh, I don't know, in the past 12 months I have read numerous articles floated as trial balloons for the Euro, the USD, and others. India is creating a specie exchange in order to gain a tax foothold.
- fmihaila 10y ago> I am not at all comfortable with the elimination of paper currency Then it's a good thing that paper currency is not being eliminated. Cash continues to be legal. Some banknotes are eliminated, and new ones are introduced.
- hash-set 10y agoI came back to rub it in your face--they are in fact eliminating the higher denomination bank notes. It is a global ploy to support an agenda that has not yet been revealed.