The Cashless Society is Almost Here – And With Some Very Sinister Implications
Among the long list of items bundled by consensus reality merchants under the banner of ‘conspiracy theory’, is a world without cash – where technocrats rule over the populace, and everything and anything is exchanged via plastic and RFID chips.
In this sterile and controlled Orwellian hi-tech society, the idea of cash being passed from hand to hand would be as archaic as the thought of carrying around a rucksack of tally sticks today.
Still, despite the incredible penetration of credit and debit card transactions into economic aggregate, and the boom in internet shopping, few will comfortably admit that a cashless society is nearly upon us. In part, it’s a natural denial by many fueled by the idea of our society is indeed on a collision course with the sort of dystopic impersonal future like that depicted in the 1970′s sci-fi film classic,‘Logan’s Run’.
Cashless money is here, and growing rapidly.
Over the years, futurists and commentators alike seemed to agree that a cashless society will be a slow creep, and would automatically phase itself in simply by virtue of the sheer volume of electronic transactions that would gradually make cash less available and more costly to redeem, or exchange. This is still true for the most part. What few counted on, however, was how the final push would like place, and why. Some will be surprised by these new emerging mechanisms, and the political and sinister implications they will ultimately lead to.
In 2011 Facebook launched its own virtual currency, which was taken up immediately by the games developer industry. Facebook created it’s own internal digital market overnight. If customers didn’t like it, they had two choices – jump ship, or stay in the biggest market place. That’s a lot of power to wield, and you can wield it if you have the big numbers.
A severe lack of choice in the world of online communities has unwittingly(or not) positioned Facebook to play the roles of not only data collector, but also as banker, retailer, archivist and governor.
As 2012 comes to a close, many people have certainly become, in one way or another, sans border citizens of the Facebook Nation. In the future, one corporation or cartel’s success in capturing a near global monopoly of membership to a particular online platform might give it the ability to dictate a digital economic mandate to both producers and consumer.
The digital data industry now claims in a recent study by fast.MAP, that consumer confidence in sharing personal information has risen. But the reality is that most people do not know which data is being used and to who it is being shared or sold to. Most users are unknowingly trading “access” to networks, as well convenient speed of registration – for data privacy. We do this on a daily basis now.
It’s a question of speculation at this point how deeply the new digital currencies will be integrated into social networking giants like Facebook, or Second Life - where users are already buying virtual property with virtual currency, but few can deny that the potential for consolidation in the early 21st century is already there.
Whenever the status quo is seen as a failure, the architects of society will rarely allow the whole show to come to a grinding halt, for fear that new and non-centrally controlled organic systems of organisation will emerge. The ruling establishment will spare no opportunity to tell society this, over and over, making people truly believe that it is in their best interest to adopt whatever alternative is handed down to them. This is why, when faced with a crisis, society will almost always seek to implement a parallel alternatives, rather than rethink the whole system.
In 2008, the public had an opportunity to collapse the predatory banking system that has been trading insolvent and gambling on thin air. But the very same ruling establishment who engineered the crisis to begin with, masterfully presented their own solution as the remedy by establishing the precedent of the state bailing out any gambling losses incurred by the banking community.
In the end society relented, and with help of pro-banking political leadership on both sides of the Atlantic, they adopted the pre-packaged belief that a cluster of bloated and corrupt financial institutions were simply too big to fail. Aside from being a massive redistribution of wealth upwards into the hands of the speculative elite classes, this was merely a test by the establishment to see how far they could go in robbing the public, pushing up inflation, hoovering up real assets, robbing pension funds and enslaving taxpayers to generations of debt the bankers created – all in one swoop.
It has long been the dream of collectivists and technocratic elites to eliminate the semi-unregulated cash economy and black markets in order to maximise taxation and to fully control markets. If the cashless society is ushered in, they will have near complete control over the lives of individual people.
The financial collapse which began in 2007-2008 was merely the opening gambit of the elite criminal class, a mere warm-up for things to come. With the next collapse we may see a centrally controlled global digital currency gaining its final foothold.
The cashless society is already here. The question now is how far will society allow it to penetrate and completely control each and every aspect of their day to day lives.
“It has long been the dream of collectivists and technocratic elites to eliminate the semi-unregulated cash economy and black markets in order to maximise taxation and to fully control markets. If the cashless society is ushered in, they will have near complete control over the lives of individual people.”
and that my friends is the danger and harm from it..