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Moving Toward a Cashless Society

Discussions about the economic and financial ramifications of PEAK OIL

Moving Toward a Cashless Society

Postby eXpat » Thu 22 Feb 2007, 07:49:03

This is ridiculous, Bank wants to charge for using cash, link here, for those who wonder, i prefer to use cash for two reasons:
1) It heps me to keep my planned budget.
2) I subscribe to an old concept, that has long dissapeared in the western hemisphere after the 90's, and that has the arcane nome of "Privacy", that states that my business are mine alone, and not for another person to be lurking in what i spend, and in what i spend not my montly income.
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Re: Moving Toward a Cashless Society

Postby I_Like_Plants » Thu 22 Feb 2007, 08:35:52

Some of that is happening in the US too, to get a lower rate you have to use a card 2x a month or some damn thing.

I say, don't use the damn card at all, pay it down then off, and cut it up.

I don't see this as a move towards cashlessness per se, I see it as a credit card company that was used to getting revenue from all these bullshit fines getting those taken away, so they had to come up with *something* to keep the stockholders happy.
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Re: Moving Toward a Cashless Society

Postby perdition79 » Thu 22 Feb 2007, 15:17:12

I believe in cash, even though I use my bank card frequently. Every time I swipe the card, I wonder: If I'm paid by direct deposit, and I make purchases with a card, does the money really exist?
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Re: Moving Toward a Cashless Society

Postby gampy » Thu 22 Feb 2007, 17:23:41

$this->bbcode_second_pass_quote('perdition79', 'I') believe in cash, even though I use my bank card frequently. Every time I swipe the card, I wonder: If I'm paid by direct deposit, and I make purchases with a card, does the money really exist?


That is a very good question. One I am interested in as well.

The question also answers itself in a way. Money never really exists. Money is a state of mind. A convention used to get around having to carry kilos of a precious metal, or barter goods. It only has worth because someone else values it as well. When enough people do not value it, it becomes worthless. I suppose that is the reason currencies fail or inflate. The problem, is that it's not an instantaneous action. It takes a while for that mistrust to work itself through all the layers of the economy. Those layers go quite deep. There is an inertia involved, as well. It takes a lot to get that paradigm shift to move. But once it does...poof!

I suppose the ones and zeros flitting back and forth across the globe serve the same function as a paper "IOU". A medium of exchange.
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Re: Moving Toward a Cashless Society

Postby Tyler_JC » Thu 22 Feb 2007, 19:12:13

Does it really matter if the money exists or not?

So long as everyone decides that it exists...it exists!:)
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Re: Moving Toward a Cashless Society

Postby EndDays » Fri 23 Feb 2007, 14:14:26

"And he causes all, the small and the great, and the rich and the poor, and the free men and the slaves, to be given a mark on their right hand or on their forehead, and he provides that no one will be able to buy or to sell, except the one who has the mark, either the name of the beast or the number of his name. Here is wisdom let him who has understanding calculate the number of the beast, for the number is that of a man; and his number is six hundred and sixty-six." (Revelation 13:16-18 )

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Re: Moving Toward a Cashless Society

Postby gampy » Fri 23 Feb 2007, 17:48:55

Hi End days.

I don't wish to be rude, or impinge on your free speech, and all that jibber jabber.

However, your proselytizing is beginning to really get on my nerves. I don't understand why you think it's acceptable to spam this forum
(and I also don't understand why the administrator of this forum does not ban you for spamming.)

Look, I know it's part of your religion to "spread the word", but you must realize that it is also bad manners to spam forums. We do not have the opportunity to slam the door in your face, like Jehovah's witnesses, or hang up on you.

You won't get too many converts this way, my friend. You need to do your proselytizing in a more subtle fashion. One that is mindful of internet forum etiquette.

I am asking you kindly to refrain from further spamming.
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Re: Moving Toward a Cashless Society

Postby EndDays » Fri 23 Feb 2007, 17:56:22

$this->bbcode_second_pass_quote('gampy', 'H')i End days.

I don't wish to be rude, or impinge on your free speech, and all that jibber jabber.

However, your proselytizing is beginning to really get on my nerves. I don't understand why you think it's acceptable to spam this forum
(and I also don't understand why the administrator of this forum does not ban you for spamming.)

Look, I know it's part of your religion to "spread the word", but you must realize that it is also bad manners to spam forums. We do not have the opportunity to slam the door in your face, like Jehovah's witnesses, or hang up on you.

You won't get too many converts this way, my friend. You need to do your proselytizing in a more subtle fashion. One that is mindful of internet forum etiquette.

I am asking you kindly to refrain from further spamming.


If you don't agree with what I'm saying or quoting, its your choice to ignore it. I love God and I love people so I will not stop sharing the Gospel.

However, on the topic at hand, you don't find it concerning that 2000 years ago a prophecy was written about a cashless society?

ED
Last edited by EndDays on Fri 23 Feb 2007, 18:14:55, edited 2 times in total.
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Re: Moving Toward a Cashless Society

Postby gampy » Fri 23 Feb 2007, 17:58:04

*sigh*
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Re: Moving Toward a Cashless Society

Postby I_Like_Plants » Fri 23 Feb 2007, 17:59:58

I think it's pretty well agreed upon that the Abrahmic religions are pure unadulterated evil, and the root cause of the modern monster-society's mission to destroy the Earth.

So please take your devil-worship elsewhere. :twisted:
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Re: Moving Toward a Cashless Society

Postby EndDays » Fri 23 Feb 2007, 18:09:11

$this->bbcode_second_pass_quote('I_Like_Plants', 'I') think it's pretty well agreed upon that the Abrahmic religions are pure unadulterated evil, and the root cause of the modern monster-society's mission to destroy the Earth.

So please take your devil-worship elsewhere. :twisted:


You're making a horrible mistake.

You're worshipping the creation over the Creator, and its the oldest sin in the book - idolotry. The Bible says no idolater will inherit the Kingdom of God. (1 Cor 6:9)

The problem in this world is our separation from our Holy God caused by our sin.

The problem is not our lack of idolatrous earth worship.

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Re: Moving Toward a Cashless Society

Postby gampy » Fri 23 Feb 2007, 18:18:17

Thank "god" for the ignore button.
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Re: Moving Toward a Cashless Society

Postby max_power29 » Fri 23 Feb 2007, 18:27:10

$this->bbcode_second_pass_quote('EndDays', '
')However, on the topic at hand, you don't find it concerning that 2000 years ago a prophecy was written about a cashless society?


I find it very concerning even though I am not religious and actually detest organized religion.
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Re: Moving Toward a Cashless Society

Postby I_Like_Plants » Fri 23 Feb 2007, 18:34:58

Yes, amazing that you can forecast 2000 years ago what you set up.... Jesus was talking about the Pharisees, the group of Jews that became the modern Jews of today. What was forecast was forecast about systems they were already putting in place - usury, not being allowed to buy/sell unless you are "OK" with them, this isn't rocket science, this is the same thing they've been doing for thousands of years (when not simply wiping out whole populations, see the story of Esther) and what they're doing to the Palestinians now.

Delusions like "Hell" and all that are only problems for those who choose to live in the Judeo-Christian trailer park.
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Re: Moving Toward a Cashless Society

Postby max_power29 » Fri 23 Feb 2007, 18:39:52

$this->bbcode_second_pass_quote('I_Like_Plants', 'Y')es, amazing that you can forecast 2000 years ago what you set up.... Jesus was talking about the Pharisees, the group of Jews that became the modern Jews of today. What was forecast was forecast about systems they were already putting in place - usury, not being allowed to buy/sell unless you are "OK" with them, this isn't rocket science, this is the same thing they've been doing for thousands of years (when not simply wiping out whole populations, see the story of Esther) and what they're doing to the Palestinians now.

Delusions like "Hell" and all that are only problems for those who choose to live in the Judeo-Christian trailer park.


Exactly, I was about to post the same thing but was still in the thought process
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Re: Moving Toward a Cashless Society

Postby smiley » Fri 23 Feb 2007, 19:02:40

I like electronic money just the same as paper money.

The big advantage is for me that I have much more accurate control over my spending. At any moment I can log in to the internet and check my accounts.

Each year I make a plan for my spending and savings that year. I have put this plan in a macro which also accounts for the average fluctuation in spending per month. I simply download my account data in this macro and it tells me on a day to day basis whether I have been over- or underspending compared to my plan. This works extremely well. Last year I was within $100 dollars of my target.

The thing is if you can't handle electronic money, you probably can't handle paper money as well. The difference between now and then is that banks have become much more lenient in supplying credit. That that credit has switched from paper to bits and bytes is not so important.
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Re: Moving Toward a Cashless Society

Postby mmasters » Fri 23 Feb 2007, 19:32:16

The whole idea data mining people's personal lives, inflation not being as noticed and so forth bothers me. Doesn't seem to bother many though...
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Re: Moving Toward a Cashless Society

Postby Omnitir » Fri 23 Feb 2007, 19:37:49

Does anybody know of the resource consumption and environmental impact of physical money? Worldwide it would have to be a significant amount, wouldn't it?

So in this regard, wouldn't a cashless society be a good thing?

Personally I hate having to carry around physical money, and I like seeing a statement of all my transactions that you only get with cashless spending.
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Re: Moving Toward a Cashless Society

Postby eXpat » Fri 23 Feb 2007, 19:41:10

$this->bbcode_second_pass_quote('', '"')Money - in the traditional sense no longer exists. It died two decades ago when Richard Nixon forever abolished the gold standard. Since then, money as we once knew it has been replaced by an unstable new global medium of exchange that is called 'megabyte money'... megabyte money is a threat not only to our country's long-term growth and prosperity, but to the individual as well."
- Joel Kurtzman, The Death Of Money, 1993

It is true what perdition79 and gampy said, money is no more that a standard convention for bartering "real" things, thing is, from the political perspective of the implementation of such system, what really pisses me off, is the relentless attack from the state against our individual rights, pushing for a system in which all transactions are carefully stored and ultimately monitored by the benevolent All-Seeing Eye of the state that knows what is better for you. I suppose i'm naturally naive, sorry, time to go back to graze with the sheep.
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Re: Moving Toward a Cashless Society

Postby topcat » Fri 23 Feb 2007, 21:56:22

I do not like the 'trail' and data mining either. What do you think they do with that info you supply to get your Kroger's reward card? Think they just put those questions in there to fill out the form?

Really hit me last year when I needed to return an item to the devil WalMart. Went in with my receipt and item. Said here is the item and I wanted a credit on my plastic. When I handed them the receipt they said 'No just give me the plastic.'

Lo and behold, just using my plastic and the item, instant credit!

Love the internet and info age but it is all encompassing now.
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