Friday, April 6, 2012

Cashless Society Closer Than You Think

Sorry for the shortage of blog posts, but my wife and I were in the wilderness of New Mexico and believe it or not WiFi was sketchy...but now we are home.

A few weeks ago I had seen a pretty shocking statistic about how few transactions are taking place in America and The West that involve cash, meaning most are done with credit cards, PayPal, and debit cards.

Most people think of a cashless society as something that is way off in the distant future. Unfortunately, that is simply not the case. The truth is that a cashless society is much closer than most people would ever dare to imagine. To a large degree, the transition to a cashless society is being done voluntarily. Today, only 7 percent of all transactions in the United States are done with cash, and most of those transactions involve very small amounts of money. Just think about it for a moment. Where do you still use cash these days? If you buy a burger or if you purchase something at a flea market you will still use cash, but for any mid-size or large transaction the vast majority of people out there will use another form of payment. Our financial system is dramatically changing, and cash is rapidly becoming a thing of the past. We live in a digital world, and national governments and big banks are both encouraging the move away from paper currency and coins. But what would a cashless society mean for our future? Are there any dangers to such a system?

Here;  http://theeconomiccollapseblog.com/archives/a-cashless-society-may-be-closer-than-most-people-would-ever-dare-to-imagine

Are there any dangers??....Yes!!...the Antichrist will come looking for you if you don't take the mark that will be required to buy and sell on such a system.

Of course you and I know that the current system needs to fade away (or collapse) to make way for the new one...and this collapse also may be much closer than anyone can imagine.

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