The global establishment is increasingly pushing the notion of what it calls a “cashless society” – a world in which all payments and transactions would be conducted electronically, creating a permanent record for governments to inspect and track at will. Multiple governments from Africa and Asia to Europe and the Americas are explicitly working toward that goal, and in recent months, even more have joined the effort. Powerful globalist forces and organizations including the United Nations are helping, too. However, analysts are warning that the implications of such a shift would be nightmarish for liberty and privacy.
Proponents of the government-enforced move away from physical currency cite a wide array of potential real and imagined benefits. Among them: possible reductions in armed robbery, tax evasion, black-market commerce, the cost of printing and securing physical cash, and more. Critics, though, are warning of the dangerous and Orwellian schemes that could be unleashed in a world where out-of-control governments can monitor literally every purchase, transaction, and bit of economic activity. In light of the recently exposed NSA snooping scandal, the possibilities for abuse and total surveillance are more than hypothetical, obviously.
As the supposed “debate” on the alleged merits of the controversial plot rages on, more than a few governments and central banks are already working hard to reduce reliance on cash among citizens and businesses. The end goal, as they openly admit, is an ultimate end to all cash transactions, supposedly ushering in a wonderful world of safety and flourishing digital commerce. The darker side is rarely discussed, but as the move toward a “cashless society” accelerates, critics are increasingly sounding the alarm.
Of course, advocates of abolishing cash have tried to portray the scheme as a natural and organic phenomenon driven largely on its own – a sort of “evolution” in human society, perhaps. In a July 2 propaganda feature by CNN, the “news” outfit even included a graphic purporting to show “The Evolution of a Cashless Society,” highlighting how far along each country is on the road to abolishing cash entirely. Apparently the United States is at a “tipping point” while Canada, Belgium, France, Sweden, and others are “almost cashless.” Other countries are either at the “inception” or “transitioning.”