The Cashless Society Almost Here And With Some Very Sinister Implications
By PATRICK HENNINGSEN
December 27, 2013
Among the long list of items bundled by consensus reality merchants under the banner of â€˜conspiracy theoryâ€™, is a world without cash â€“ where technocrats rule over the populace, and everything and anything is exchanged via plastic and RFID chips.
In this sterile and controlled Orwellian hi-tech society, the idea of cash being passed from hand to hand would be as archaic as the thought of carrying around a rucksack of tally sticks today.
Still, despite the incredible penetration of credit and debit card transactions into economic aggregate, and the boom in internet shopping, few will comfortably admit that a cashless society is nearly upon us. In part, itâ€™s a natural denial by many fuelled by the idea our society is indeed on a collision course with the sort of dystopic impersonal future like that depicted in the 1970s sci-fi film classic, Loganâ€™s Run. Cashless money is here, and growing rapidly.
Over the years, futurists and commentators alike seemed to agree that a cashless society will be a slow creep, and would automatically phase itself in simply by virtue of the sheer volume of electronic transactions that gradually make cash less available and more costly to redeem, or exchange. This is still true for the most part. What few counted on, however, was how the final push would take place, and why. Some will be surprised by these new emerging mechanisms, and the political and sinister implications they ultimately lead to.
Introduction of Parallel Currencies
There has been a lot made about the â€˜cashless societyâ€™ in media, but this cannot fully happen until there is a cashless currency.