Countries That Have Nearly “Eliminated Cash From Circulation”

Rupee

Technocracy specifies “no person left behind”, so all people will be inducted into the electronic world whether they like it or not. India represents over 18% of the world’s population. Almost 50% of the entire world is actively on its way to being cashless.  TN Editor

We recently learned how serious these criminals are about stealing the sovereignty of every person on planet earth. Actually, most people are willingly handing over their sovereignty to the banks/government and have no idea what they are actually doing.

When India ban, made illegal, the 500 and 1000 rupee banknote this move effected every 1 out of 7 people on planet earth. That means that every 7th person, anywhere and everywhere, you come in contact with may have been effected by this cash ban.

Our individual sovereignty is tied directly to our ability to move freely about. When every step we make is tracked by the bank/government our sovereignty is gone forever. Freely trading commerce is one of the cornerstones of human sovereignty. Without the ability to conduct business with whom we wish, when we wish we are nothing more than cattle to the overlords of the land.

An expat living in Thailand sent me an email last week, at the height of India blowing apart because the idiotic decision by Prime Minister Modi to eliminate the two most used bank notes in India. The email was to inform me that Thailand would be implementing a new policy in the early part of 2017 to completely eliminate coins from circulation. South Korea has already taken measures to eliminate coins from circulation.

Here is a google translation from the Korean website wikitree.co.kr (once you arrive you will need to translate from Korean language)

From next year, you can get the change of cash that you bought and paid at a convenience store on your transportation card.

In the mid to long term, not only transportation cards but also remittance to credit cards and accounts will be promoted, and the industry will be expanded to retail sector such as marts and pharmacies.

The Bank of Korea announced on the 21st [November] that it will provide a service to charge prepaid transportation cards at convenient stores from the first half of next year (2017) as the first stage of the demonstration project to realize “a society without coins”.

What’s happening in Thailand? Well, the government doesn’t even bother with trying to cover up the “scheme” to move people onto the tax farm – currency enslavement awaits for all that enter the great Bangkok Baht giveaway!!!

According to Bangkok.Coconuts.co (published in July 2016):

“Want to win a million baht? Go for e-payment,” says Thailand’s junta, offering a lucky draw as an incentive to use the new online payment scheme “PromptPay.” The government wants to encourage citizens to use the service for business, in an effort to bring some of the massive informal Thai economy onto the books and boost tax revenues.

As Southeast Asian economies struggle and tax income misses budget targets, Thailand’s finance minister is hopeful that a nationwide e-payment scheme can add tax revenue of THB100 billion a year to the coffers.

Finance Minister Apisak Tantivorawong has estimated the move will save banks and businesses a combined THB75 billion a year, though other policymakers expect it could take some time for businesses to change their habits. Cash and checks now make up 80 percent of transactions.

A coup in May 2014 ended months of political unrest, but the generals have struggled to revive Southeast Asia’s second-largest economy as exports and consumption remain weak.

What about the most populace country on the planet: China? Well, they are, currently, in fourth place in use of digitized currency behind the U.S., Europe and Brazil. While none of these countries have eliminated cash from circulation, the banks/government make is sound “trendy”, convenient and oh so cool to never use cash. Why force a policy change when you can convince the people to hand over their freewill?

lthough China still has some way to go before it catches up with countries such as the US and Sweden, the speed at which China has made the shift from cash towards cashless has surprised many. Non-cash payments have been growing by around 40 per cent a year and last year China moved into 4th place in the world for non-cash payments after the US, Europe and Brazil.
There are many reasons for China’s rapid transition away from cash. One is urbanisation, as non-cash payments are becoming both easy and popular. This is especially the case in top-tier cities such as Shanghai, Shenzhen and Beijing where it is both trendy and convenient to pay without using cash.
There is a huge variety of choices when it comes to making cashless payments and China UnionPay has definitely helped to encourage this, particularly in the case of debit cards, which outnumber credit cards in China by 10 to one. China has more than 4 billion cards on issue – almost enough for each adult to have about three each.
Mobile payments have also taken off in China – it has the largest proportion of people in the world using their mobile phones to make payments, online and physically. Source

The purpose of going cashless is not for our “convenience”, it is specifically for the purpose of “saving the banks” and tax collections. Governments and banks could care-less about what is convenient for us. They are only concerned with how much of our wealth they can extract from every person who has any currency.

Read full story here…

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