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In a Cashless World, You'd Better Pray the Power Never Goes Out
Mises Institute ^ | 10/10/17 | Ryan McMaken

Posted on 10/11/2017 9:43:03 AM PDT by markomalley

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To: Still Thinking

Of course in the modern age of cellphone to cellphone money transactions that’s just not really true anymore.


21 posted on 10/11/2017 10:18:26 AM PDT by discostu (Things are in their place, The heavens are secure, The whole thing explodes in my face)
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To: edh
If “forced” to choose cash or cashless, I’d be in the cash camp

Use it or lose it. I do about half my buying in cash. Just because ...

22 posted on 10/11/2017 10:18:29 AM PDT by NorthMountain (... the right of the people to keep and bear arms shall not be infringed)
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To: markomalley

One other function of cash is that it serves, during no power situations, to allow commerce rather than forcing people to trash grocery stores in order to feed their families.


23 posted on 10/11/2017 10:20:39 AM PDT by buffaloguy (Bond arms Cowbot)
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To: markomalley

A cashless society is a major step on the road to abject tyranny.


24 posted on 10/11/2017 10:22:46 AM PDT by july4thfreedomfoundation ("You can't fix America without pissing off the people who broke it".....Bill Mitchell)
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To: discostu

During Ike we had no power for three weeks. Cell phones were empty after three days.


25 posted on 10/11/2017 10:22:56 AM PDT by buffaloguy (Bond arms Cowbot)
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To: buffaloguy

Most people have cell phone charger adapters for their cars, don’t they? There are solar and hand-crank chargers, even camp stove chargers powered by heat from the fire also.


26 posted on 10/11/2017 10:24:50 AM PDT by RegulatorCountry
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To: buffaloguy

I wasn’t talking about the power, I was talking about the track-ability. There’s so many paths to e-commerce now with so many transactions it’s almost as anonymous as cash.


27 posted on 10/11/2017 10:24:59 AM PDT by discostu (Things are in their place, The heavens are secure, The whole thing explodes in my face)
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To: markomalley

I recently had one of those Wal Mart branch banks request my name when I simply asked to make change for two twenty dollar bills. That one kind of threw me back. Really? To make change? Freakin’ Orwellian.


28 posted on 10/11/2017 10:25:43 AM PDT by TADSLOS (Reset Underway!)
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To: edh

I have that novel “Warday” in my personal library.

Rather terrifying, but very well-written.


29 posted on 10/11/2017 10:26:18 AM PDT by july4thfreedomfoundation ("You can't fix America without pissing off the people who broke it".....Bill Mitchell)
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To: Snickering Hound

I always use cash in restaurants too. I had a prepaid debit card drained after eating at a restaurant. Only had about $100 on it.

Eventualy got it back but the debit card company wanted me to contact all the vendors and demand the money back. That got about half of it.

The remainder came after I sent letters to the remaining vendors and the debit card company that if funds weren’t restored within a week I would be writing the FTC, the banking commissions in both the vendor’s state and the debit card companys state, and filing complaints with the better business bureau in both states.

Money came back.


30 posted on 10/11/2017 10:28:39 AM PDT by DannyTN
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To: markomalley
NWO working so you turn in your guns and your money. Won't we all be effed if it ever comes to that? I doubt that will happen here in the USA, but what do I know.
31 posted on 10/11/2017 10:31:55 AM PDT by drypowder
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To: DIRTYSECRET

“My credit card was cancelled after someone tried to buy something expensive. Try being overseas when that happens. Having electricity doesn’t help. No such things as travelers checks anymore. Might as well stand on the corner and sing.”

I’ve traveled internationally a lot. Also, family and I were expats in Shanghai, PCR two years. You can purchase/charge up to whatever your credit limit is just about anywhere in the world. However, before you go overseas you must call your credit card customer service and inform them where you will be traveling to and approximate days you will be there. Even though you’ve done these things if an unusually large purchase is made or a purchase is made that doesn’t align with your buying history profile expect CC security to send you a text asking you to confirm or deny the purchase. A good practice as far as I’m concerned.


32 posted on 10/11/2017 10:32:09 AM PDT by snoringbear (E.oGovernment is the Pimp,)
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To: Snickering Hound
I always use cash at restaurants. Too many wait staff into identity theft.

Same here, though we are cashless for most other purchases. The 1% Visa rebate is an incentive.

33 posted on 10/11/2017 10:36:54 AM PDT by Oatka
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To: Snickering Hound

Was that “Warday and the journey onward / by Whitley Strieber and James W. Kunetka”? It was the only one on file at the library.


34 posted on 10/11/2017 10:40:20 AM PDT by Oatka
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To: RegulatorCountry

You do not waste the gas in your car to charge your cell phone. The car has only two functions after a hurricane:
To get food and medicine.
To get out of the area.


35 posted on 10/11/2017 10:48:58 AM PDT by buffaloguy (Bond arms Cowbot)
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To: Oatka
Was that “Warday and the journey onward / by Whitley Strieber and James W. Kunetka”? It was the only one on file at the library.

That's the one.

36 posted on 10/11/2017 10:52:25 AM PDT by Snickering Hound
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To: buffaloguy
You do not waste the gas in your car to charge your cell phone. The car has only two functions after a hurricane: To get food and medicine. To get out of the area.

I live in an area that has fairly frequent power outage due to storms, sometimes even hurricanes make it inland this far. I've had the roof blown off my house before due to a hurricane. If you have no other means of charging the thing, yes you certainly do use your car charger to power up your cell phone.

If the roads are clear enough to even get out of your neighborhood, if they're clear enough get groceries or medicine, then they're clear enough to do a heck of a lot of things like going to find gas. Might be quite a drive, but still. And if you've got vehicles sitting in your drive that are low on gas in the aftermath of a hurricane, somebody's either not paying attention or pretty dumb. That's the only fuel storage a lot of people have, the gas tanks of their cars.

37 posted on 10/11/2017 10:56:51 AM PDT by RegulatorCountry
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To: RegulatorCountry

https://www.amazon.com/Charger-RAVPower-Waterproof-Foldable-Smartphones/dp/B00OQ0CAW6/ref=sr_1_8?ie=UTF8&qid=1507744887&sr=8-8&keywords=solar+panel

If you’re in an area that gets power outages, get a solar cellphone charger.

Gas is too valuable and hard to get then to waste on charging phones.

That ‘hurricane high’ you get after the storm passes means clear hot days so you can keep those devices charged while you wait for the power to be restored.


38 posted on 10/11/2017 11:03:30 AM PDT by Snickering Hound
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To: calljack

Thanks For THAT!


39 posted on 10/11/2017 11:20:40 AM PDT by Big Red Badger (UNSCANABLE in an IDIOCRACY!)
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To: Ruy Dias de Bivar
>>I’ve always felt that a cashless monetary policy was designed so people could not work for cash and avoid taxes.<<

Governments will always cloak their goals with what you've stated and for security/crime fighting reasons.

Think of the implications to a ca$hle$$ society. The government will know every single transaction, every purchase, every movement. Scary if ya think about it for a spell.

40 posted on 10/11/2017 11:27:43 AM PDT by servantboy777
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