The war on Cash

The war on Cash

Banks, governments, credit card companies and fintech evangelists all want us to believe a cashless future is inevitable and good. But this isn't a frictionless utopia says Brett Scott, and it's time to fight back


Several months ago I stayed in an offbeat Amsterdam hotel that brewed its own beer but refused to accept cash for it. Instead, they forced me to use the Visa payment card network to get my UK bank to transfer €4 to their Dutch bank via the elaborate international correspondent banking system.

I was there with civil liberties campaigner Ben Hayes. We were irritated by the anti-cash policy, something the hotel staff took for annoyance at the international payments charges we'd face. That wasn't it though. Our concern was an intuitive one about a potential future world in which we'd have to report our every economic move to a bank, and the effect this could have on marginalised people.
http://thelongandshort.org/society/war-on-cash

und in deutschland sind dabei ...
https://www.youtube.com/watch?v=7GN6wNznNUo

Im Handstreich zum Chaos

86 Prozent des gesamten Bargeldes ungültig: Indiens »Währungsreform« sorgt weiter für ökonomische und soziale Verwerfungen
http://www.jungewelt.de/2017/01-07/041.php

India – Crime of the Century – Financial Genocide

A Financial genocide, if there was ever one. Death by demonetization, probably killing hundreds of thousands, if not millions of people, through famine, disease, even desperation and suicide – because most of India’s money was declared invalid. The official weak reason for this purposefully manufactured human disaster is fighting counterfeiting. What a flagrant lie! The real cause is of course – you guessed it – an order from Washington.
On 8 November, Narendra Modi, the Indian Prime Minister, brutally declared all 500 (US$ 7) and 1,000 rupee-notes invalid, unless exchanged or deposited in a bank or post office account until 31 December 2016. After this date, all unexchanged ‘old’ money is invalid – lost. Barely half of Indians have bank accounts.
http://www.informationclearinghouse.info/46274.htm