There has been endless discussion over the last few years about how we’re heading toward a cashless society and what that will mean. But never has it been as close as it is now. Numerous countries across the globe have begun actively taking steps to limit the use of currency and are rapidly initiating controls on its use.
In conjunction with government policies, some banks are beginning to charge negative interest rates, actually charging customers for depositing their money. Others have begun refusing to allow that cash be stored in safe deposit boxes. Across the board, banking institutions and government are working hand-in-hand to shut down the use of cash.
There are a number of reasons given for this, from convenience to security, but the underlying motive really is control. Bible prophecy makes it clear that a large part of the 666 beast system will be controls on what anyone can buy and sell. With these moves to do away with cash, we’re taking a giant step toward that reality.
The articles below contain more than generic stories about how we’re becoming a cashless economy. They give examples from specific countries, and discuss some surprising steps which already have been taken, that most people aren’t aware of. This move is intimately connected with the “Mark of the Beast”, and for that reason, this is an area to watch closely.
Cashless Society War Intensifies During Global Epocalypse
This article addresses not just the crises that are driving the move toward cashless societies, but it discusses the move toward a single world currency, one of the hallmarks of the 666 beast system.
As we enter 2017, we are only beginning to see this Epocalypse form through the fog of war. The war I m talking about is the world war waged furiously by central banks against the Great Recession as the governments they supposedly serve fiddled while their capital burned.
The governments and banks of this world advanced rapidly toward forming cashless societies throughout 2015 and 2016. The citizens of some countries are already embracing the move. In other countries, like the US, citizens fear the loss of autonomy that would come from giving governments and their designated central bank’s absolute monetary control.
The Epocalypse that I am been describing in this series will overcome that resistance during 2017 and 2018 as it wrecks economic havoc to such a degree that cash holdouts will be ready for whatever holds the greatest promise of saving them from their collapsed monetary systems, fallen banks, deflated stocks and suffocating debt.
If this sounds like some wild conspiracy theory, consider the following: no less Sterling standard of global economics than The Economist predicted thirty years ago that by 2018 a global currency would rise like the phoenix out of the ashes of the world s fiat currencies:
Bank Of Ireland Bans “Small” Cash Withdrawals At Branches
“As central planners the world over grapple with the effective “lower bound” that’s imposed by the existence of physical banknotes, there’s been no shortage of calls for a ban on cash. Put simply, if you eliminate physical currency, you also eliminate the idea of a floor for depo rates.
After all, if people can’t withdraw paper money and stash it under the mattress, then interest rates can be as negative as the government wants them to be in order to “encourage” consumption. If, for instance, you’re being charged 10% for saving your money, then by God you will probably spend that money rather than see the bank collect a double-digit fee just for holding on to your paycheck.
In the absence of physical cash, there’s no way for depositors to avoid that rather unpalatable outcome unless the public starts buying hard assets like commodities with their debit cards. “With today’s technical possibilities, coins and notes are in fact an anachronism,” Bofinger told Spiegel back in May.
Now, in what should be a wake up call to the world, Bank of Ireland has banned branch withdrawals of less than €700. Seriously.
Tellers will still assist the “elderly” if they have trouble using automated methods of obtaining cash: Under new rules, designed to streamline in-branch services, Bank of Ireland said withdrawals of less than €700 will no longer be facilitated with the assistance of tellers. From mid-November, customers will have to use ATMs or mobile devices for small and modest-sized withdrawals.” (Zero Hedge)
Where even banks won’t take cash anymore: Sweden could become first cashless society
Sweden is the nation moving most quickly toward a complete rejection of cash.
Parishioners text tithes to their churches. Homeless street vendors carry mobile credit-card readers. Even the Abba Museum, despite being a shrine to the 1970s pop group that wrote “Money, Money,” considers cash so last-century that it does not accept bills and coins.
Few places are tilting toward a cashless future as quickly as Sweden, which has become hooked on the convenience of paying by app and plastic.
This tech-forward country, home to the music streaming service Spotify and the maker of the Candy Crush mobile games, has been lured by the innovations that make digital payments easier. It is also a practical matter, as many of the country’s banks no longer accept or dispense cash.
Cash Ban: Greeks Face “Permanent Cash Controls and Compulsory Use of Plastic Money”
Greeks are not only suffering financially under the controls imposed by its leaders under economic crisis, but they are also losing their freedoms. The combination leads to an impoverished and enslaved population. Worse, this misery is likely to be exported to other countries, as the entire globe faces the prospect of another economic meltdown.
In a stunning move towards the elites’ endgame of ‘banning cash’, Greek authorities unveiled stricter capital controls for civil servants and pensioners this weekend. By drastically limiting cash withdrawals and forcing the more ‘controllable’ compulsory use of plastic money, Greek authorities hope to stop tax evasion through the use of ‘fake cash registers’.
A shock-measure: civil servants and pensioners will be subject to stricter capital controls than the rest of the Greeks. They will be able to withdraw only €150 per week – with the cash withdrawal cap being €420 per week – that is a total of €600 per month. The rest of their wage or pension they will have to spend by using debit or credit card.”
Once Cash Is Banned They Will Be Able To Force You To Buy Products: “Just Tax Their Excess Account Balance”
“We’ve seen numerous reports of how banks are actively working with governments to restrict cash usage. JP Morgan Chase, one of the world’s largest banks, has advised their customers that storing cash in their safe deposit boxes is no longer allowed – for your safety, of course. The new policy sounds ridiculous but makes complete sense when you consider that you would then be left with no other choice than to hold your money exclusively in your bank account, where the bank will simply charge you for the privilege of depositing your funds in their fine financial institution.
In the event the President or other bureaucrat declares a financial crisis, the government can move with unprecedented speed to stabilize the system by simply compelling you to spend money to boost economic activity. And by “compelling” we mean forcing you through direct taxation and withdrawal of your funds.
The idea is that either you start spending your money like a good Patriotic American according to the rules and regulations, or the government would just take it from you and reappropriate it as they see fit.
But such a thing could never happen in America – that the government could force a private citizen to purchase a product or service, or face financial penalties and even jail time – right? To answer this question we direct you to the Patient Affordable Care Act, also known as Obamacare that the Republicans in Congress have already begun the legislative process of overhauling the law (although a final repeal bill is not likely to land on President Donald Trump’s desk for some weeks, even possibly months.)
Besides, you don’t own that money you’re depositing at the bank anyway, because once you deposit those funds, according to new banking rules, you become a creditor to your financial institution and they can pretty much do whatever they want with what was formerly your money.” (source)
War On Cash Escalates: China Readies Digital Currency, IMF Says “Extremely Beneficial”
“Remember when Bitcoin and its digital currency cohorts were slammed by authorities and written off by the elite as worthless? Well now, as the war on cash escalates, officials from The IMF to China are seeing the opportunity to control the world’s money through virtual (cash-less) currencies. Just as we warned most recently here, state wealth control is the goal and, as Bloomberg reports, The PBOC is targeting an early rollout of China’s own digital currency to “boost control of money” and none other than The IMF’s Christine Lagarde added that “virtual currencies are extremely beneficial.”
By way of background, as we explained previously, What exactly does a “war on cash” mean?
It means governments are limiting the use of cash and a variety of official-mouthpiece economists are calling for the outright abolition of cash. Authorities are both restricting the amount of cash that can be withdrawn from banks, and limiting what can be purchased with cash. These limits are broadly called “capital controls.”
Why are governments suddenly so keen to ban physical cash?
The answer appears to be that the banks and government authorities are anticipating bail-ins, steeply negative interest rates and hefty fees on cash, and they want to close any opening regular depositors might have to escape these forms of officially sanctioned theft. The escape mechanism from bail-ins and fees on cash deposits is physical cash, and hence the sudden flurry of calls to eliminate cash as a relic of a bygone age — that is, an age when commoners had some way to safeguard their money from bail-ins and bankers’ control.”
Apple boss: Next generation of children ‘will not know what money is’
“The next generation of children born in Britain “will not know what money is”, the boss of Apple has predicted. Tim Cook, the chief executive of technology giant, forecast the death of cash by the time current university students have a family.
Cash is still used for more than half of payments by consumers, according to Payments UK, the industry body, but its popularity is falling as people switch to cards and smartphone apps such as Apple Pay and Google Wallet.
Answering questions from students at Trinity College Dublin, Mr Cook said: “Your kids will not know what money is.”
In an outspoken address, he also vowed to deepen his fight against the so-called snooper’s charter. Mr Cook reiterated comments made to The Telegraph this week, stating that his company was commitment to full protection of customer’s data from hackers.
“We plan to continue to encrypt end to end with no back door,” he said. “We will productively work with the governments to try to convince them that’s also in their best interests in the national security sense.” (Source)