The Ripple Effects of a Cashless Society | Richard Wright | TEDxPeachtree 

As if Zukerface does not control enough! When I pay for somthing without having to present a membership card or other consumption tracking by using cash, its so satisfying. Ive deprived big data of data!

You're totally correct when you say it's about spying, but it's also about criminals. The banks are the criminals and their crime is to implement negative interest rates, because they can. If everyone uses digital payment then we are forced to have our money in a bank. We have no option. Cash provides that option so banks have to pay us for holding our money => positive interest rates.

@@bookmang1865 I was speaking metaphorically, calling the banks "criminals" because they have slowly been robbing us of our savings account interest rates. 10 years ago, you could get 5% interest on a savings account. These days I'm getting 0.5% interest. Soon they'll be implementing negative interest rates where they are effectively charging us to have our money in their bank, AS WELL AS charging us to loan money and make electronic payments. Hope that makes my original comment make more sense. I definitely agree with you about the cashless society! That is really scary. In my country, we've already had card-based transactions take over as the dominant form of payment. People don't carry much cash at all. People even frown at me when I pay with cash. This dystopian nightmare is on the way.

Spying on us or taking our data is not an issue anymore bcos social media and other online platforms has it all what should be our concern now is the "control" of using money.

@@djn48 We have a choice. Can go back to the bartering system . It works much better. :)

The Corporate criminals know how to use both to their advantage. Look at are politicians.

Well said!

Corporate criminals are more dangerous

@Redrustyhill Exactly!!!

Agreed

If you use the cash printed by the government, how is that not putting yourself at the mercy of the government?

Justin Ferguson You are so Right , there will Always be crime I prefer to keep my cash

So true

@@sjneow government print cash, yes! Can they track the money, yes (serial number)! Can they track the transactions of people who use cash, and the answer is No for most of the time because cash is Disconnected from the identity of its user. In the opposite side, credit card is connected to your informations so the government can know everything about your transactions. In short, gold and silver and dicentralized cryptos are better than cash, but cash is better than credit cards or central banks digital currency

@@sjneow you’re right. But within this broken system hand-to-hand fiat is better than digitally tracked and taxed fiat. I agree though that all our money, cash or not, is backed by nothing but the government. Not actual money like gold and silver

Rather intended consequences

Yep

That's why China rush so fast to Cashless Society. With their Social Credit System, they can CONTROL everything, know everything and observe what you purchase and stop it at real time.

@@chinaforcedorganharvest-me7062 sad but true.. Nazism and communisum..same thing.

NWO. Control. What/when/how/whether you do. Where/when/how/whether you go. Who/when/how/whether your with. What/when/how/whether you read. What/when/how/whether you think. What/when/how/whether you drink. What/when/how/whether you eat. What/when/how/whether you work. What/when/how/whether you live or die! You know..for the children!

@David Sanchez serious, this is life around your way?

WoOHoO Yeah !😂 lol nahaa

Exactly, just makes it easier for the government to confiscate everything you own if they decide they think you’re against them.

I don’t agree to go completely digital, but cash is an outdated thing. More then half of the population is in a lower class and almost 1/2 of that population is unable to feed their family and that is just unacceptable. We’re not asked to be on this place, but since we do come into this world there is a value of our worth. It should be a human right that everyone has access to at least food and a bed. At the bare minimum we should be privileged to that. But the sad truth is we’re not. Idc if you work at McDonald’s or you work at a warehouse, if you put in at the least 30 hours a week then you should be privileged to food stamps and a roof over your head. And the check you received is for whatever you feel the need to get. Car, bigger house, clothes, etc….. what you work for is what you get but when it comes to food and sleep we should all be guaranteed that

loose the freedom as well with cashless society.

Hackie hackie

That is very true. HSBC has paid billions in fine for allowing money laundering by Mexican drug cartels and a lot of too UK banks have been heavily fined for fraud.

He understood that very well. He said street criminals are not the ones doing cyber crime.

He understands very well.

Burglars will steal hundreds, bankers millions

Go out to the woods and try to live off the land, until you get arrested for it. That's probably illegal too. Esp if you end up on someone's private property because it's not all fenced or clearly marked.

@David Sanchez You just replied to someone who looked into it because I concidered it. "People like me." Haha. You have no clue. Let all potential realities but the real one be proved false before blaming someone for one you imagined.

@Redrustyhill that's why the founders instituted an inheritance tax. To prevent a landed gentry taking over like they had in Europe.

Shh, your asking to many important questions

They seized citizen's money in Cyprus as their money collapsed. They called it a bank holiday or some such.

You said it better than I. It’s about control. And if you believe this you’re part of the problem. Like this guy. Really? Who is he kidding? You can make a living out of lying. Look Obummer the Clinton gag Bushes Joel Osteen and wife PTL Bakers shall I go on? You know what I’m talkin bout

To add to those findamental truths ... 1) it is not even "money"...it is not capable of transferring actual title to real...tangible property. All you have is a "use" title. You don't "own" a thing. Wrap your mind around the twin concepts of: "Discharging a debt in equity", versus... "buying and selling at law". Since they took the gold clause...and the silver clause off the actual paper "bills" they have lost their status to transfer actual title to actual property. We don't "own" anything...in the common law constitutional sense of monetary law. You doubt that claim? See federal case law: Bennis V. Michigan. Michigan seized Mrs. Bennis 50% interest in her car...cus car was instrument of "crime". Court said: "we can seize your car because we can seize a ship at sea" What do you expect when the fed note you are using is subordinate to the policies of the I.M.F. Didn't know that Admiralty/Maritime law was afoot in the land? Too bad, ignorance of the "law" is no excuse. The foreclosure on America has already begun. The bankers foreclosure officers are already here and walking around in plain sight. There's one right there...directing traffic. And those people right there...leaving their daly grind at the Sherriff, State Police, FBI, NSA, DIA, US military bases Etc...Etc and going home for the day. Who do you think the debt collectors really are. Question: since you are just a useless eater, what do you think they are going to do to you and your family? I think that they might be able to nullify the debt by "nulliying" the people. A few nukes might be in their game plan. But first it might be easier to open the gates to the streaming hordes...just to see how much of a destabilizing effect that can have...sort of like a feeler...or a "test" strike. It's comming...soon.

@Redrustyhill I have to agree with you...you really nailed it...the end game is not that far out.

Rothschild

Give me control of the laws and I care NOT who controls the money. - Rockefeller Money is not the ultimate tool of control for the elites.

Yes, this the beauty of cryptocurrency. The people control it, not governments.

Brad Hart I like your logic u nailed it

or they could wipe out your account if you do something they don't like.

Or take your money like in Cyprus

They would do what they do now, store the card numbers and run an offline payment and when it comes back up it processes. Bad news for merchants, the customer can use a card with no money. Because I’ve seen it happen.

@@HUYPHAM-lu9lb link?

Or figure out how to grow food.

You are taxed anyway. If you purchase legally......

Dan Spolar , the interviewees sound completely scripted.

Mine too

Actually a lot of TED Talks are sales pitches, beside the fact that they're trying to persuade you on the ideas that they are talking about (many of which perfectly good and useful ideas) the speaker often represents a company that they run and in a way the Ted Talk In and of itself is a form of advertising for them or their product or their next book.

Agreed

@@elizabethbeal5406 Well he used an actor to say the script but supposedly they are exact quotes. Being that I'm from a place where people talk like that I'll say it's 100% possible the interviews were real

Ya, funny

Funny but not funny. Cashless means you are surrendering all freedoms over to super thugs that run the push

That's the first propaganda Ted talk you recognise you've heard ;)

Hyra and the end of the lecture the audience are like turkeys clapping for Christmas.

Not the first but the most blatant.

Ted is ONLY propaganda

And more to come no doubt

Stellar comment

they just use id theft and fake credit cards to do same

@@TheJarric Yeah, but I don't get shot when someone steals my credit card info.

@@TheMusicalFruit depends who does the stealing

Covid was what they needed to speed things up.

@@TT-xz5sy It sure was

Don't you think that the chip might be connected to the bodies electricial current that flows thru the body and brain or what about the blood flowing around the chip someway? No blood flow so no chip works and so the chip stops.

Spam gangs of Hawaii is always a good read. Everything has value everything can be sold the question is how long do you want to wait and what %of retail value do you want for it 10% retail- sold with in 5 seconds 30% retail - a few hours maybe 2 days 50%- a week or more good profit but who's got that kind of patience, the guy that bought it of u for 30%

or just steal id and do fake credit theft

+veritasfiles TEDx talks are marxist propaganda and generally a giant load of horseshit.

Unfortunately, the same bankers hold majority control of the world's gold and silver supply and they're not parting with it any time soon. People need to create their own currency, and not let the billionaire bankers determine what is legal tender.

There's nothing special about silver or gold. They're still trust networks.

J Sparker thanks! So much for the modern education system.

Preach my brother

Paranoid, much?

I do research and find out the truth...do you...I was ignorant once too.

You are the type that would have been an oblivious German citizen in the 1930s. You would have seen no issue with Hitler.

roxor128....you have no foresight.............well maybe a little....you are anonymous on this comment section cause of paranoia"?

@@AL-tl9mt During the 2008 crash, the Australian government guaranteed the first $250k of your accounts at a given bank in the event of that bank failing. None actually failed here. Still, it was a good precaution.

Yup.....the govt wants as much control as possible over us.

Those criminals on tape are absolutely ridiculous. half of them sound like the same guy and what is that squeaky noise over their voice.

Yes they will. “ Peace and SAFETY”.

M- Nice Those are cheesy actors, not real criminals.

Brian Shanahan They are already setting up cash bans. Doing the same all over the world like Australia, US, and most likely Western Europe.

Preach stay w Oke Brother watch demolition man you see exactly how they want it

poppy was executed at a military tribunal with no recourse. we won that round, and it was a major win

Both can be true.

there is an agenda behind that you know

I never did that interpretation. I don't think he said anything that makes it possible to interpret it that way. Cashless society is changing who becomes a victim and who becomes a criminal.

Hope mailings are paper. Make logs or kindling for the fireplace for winter as with all other junk mail.

az21bob666 Certain businesses are already cashless. A new chicken restaurant around here went credit and debit only. Rent a car or hotel room with cash and find it not even possible. Buy a plane ticket and realize you can’t with cash. It’s coming and honestly people don’t even notice.

Who said that?

You haven't thought it through yet

Preach stay woke

Give that a try.

Mother Goose It’s good we all agree, now what? What will we do to stop all this?

winston smith money is all owned by the federal reserve, if they wanted to make it worth .000000001 of a dollar over night we couldn’t do ANYTHING about it

True ! But at least with cash the electric eye isn't watching everything you purchase, telling your insurance abought how unhealthy your food is or what you do on your free time ect.

Not true. Ever heard of something call barter trade? I guess not! Your knowledge of history needs more cultivation. W/t or w/o money, trade will still go on!

wanelly bartering will become illegal.

paul broderick Not even a guru. He’s a propagandist.

Totally Agree

I completely agree !!

I like that