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Paper money (dollars) will be obsolete Soon |
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Gary in da UP
Orange Level Joined: 13 Sep 2009 Location: EUP of Mi. Points: 1885 |
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Posted: 05 Aug 2020 at 10:50am |
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Yet no one here has bought this up?
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ac45dave
Orange Level Access Joined: 23 May 2015 Location: SE(IN) Points: 1336 |
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God help us if/when that happens.Big brother ruling your life.
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54 wd-45gas ; 56 wd-45d N/F w/fact p/s ; 63 d-17 sIII N/F gas ; 60 D14 N/F ; 67 d-17 sIV N/F gas ; 63D15 sII W/F; 39rc#667 ; 2021 massey 4710 fwa ; gravely 2 wheel tractors
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Gary in da UP
Orange Level Joined: 13 Sep 2009 Location: EUP of Mi. Points: 1885 |
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Jan 1st2021 after that there will only be digital dollars.
Edited by Gary in da UP - 05 Aug 2020 at 2:02pm |
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Michael V (NM)
Orange Level Access Joined: 12 Sep 2009 Location: NM Points: 2385 |
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So,, the few Benjamin's I've got stashed won't be any good? WTH am I gonna do with them? Use them to start a camp fire?
These are my tractor show expense money...and yea, I work to save them for that,,and well,, a few other things too... |
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nella(Pa)
Orange Level Access Joined: 11 Sep 2009 Location: Allentown, Pa. Points: 3102 |
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Cashless society.
They have been working on this for years.
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JC-WI
Orange Level Access Joined: 11 Sep 2009 Location: wisconsin Points: 33779 |
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guns ammo food for barter...
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He who says there is no evil has already deceived himself
The truth is the truth, sugar coated or not. Trawler II says, "Remember that." |
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steve(ill)
Orange Level Access Joined: 11 Sep 2009 Location: illinois Points: 80199 |
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CASH is not going anywhere... used for small transactions / flea market / etc .... MOST of the big purchases in the country have been going electronic ( credit card) for years... I put $100. in my wallet and it lasts for 3 months... Use the VISA card for EVERYTHING. ... gas / grocery / fast food / hardware store / Menards.
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Like them all, but love the "B"s.
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DMiller
Orange Level Access Joined: 14 Sep 2009 Location: Hermann, Mo Points: 30709 |
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Same here Steve, for those 'Instant Buys' cash is still King, use the cards for that which is not an important Instant Buy.
Edited by DMiller - 05 Aug 2020 at 7:25pm |
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FREEDGUY
Orange Level Access Joined: 15 Apr 2017 Location: South West Mich Points: 5391 |
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Can you verify this statement ?? Have you seen recent news footage of our current "powers -that-be" printing out SHEETS of $100 bills ??
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Scott B
Orange Level Joined: 14 Sep 2013 Location: Kansas City Points: 1027 |
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I'm with Steve on this one. Probably not going away in our lifetimes.....Unless someone gets all worked up about the word "God" in the portion with "In God We Trust"! I'd be happy to take that problem off their hands! |
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D17 Series 1
Allis B- 1939 Allis B- 1945 |
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john(MI)
Orange Level Joined: 12 Sep 2009 Location: SE MI Points: 9263 |
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People all over are now using the credit card readers that plug into a cell phone. You can pay the babysitter online. HD's self checkouts are Card only now. I did have to drop a few dollars into the can at a roadside produce stand today so I don't know how that'll work!
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D14, D17, 5020, 612H, CASE 446
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LouSWPA
Orange Level Access Joined: 11 Sep 2009 Location: Clinton, Pa Points: 24206 |
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I did, week or so ago in political section
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I am still confident of this;
I will see the goodness of the Lord in the land of the living. Wait for the Lord; be strong and take heart and wait for the Lord. Ps 27 |
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JohnColo
Orange Level Joined: 03 Apr 2020 Location: Niwot, CO Points: 1258 |
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We got a Square reader for credit cards last year for use at the Farmers Market but had trouble with it, fortunately, we have a cash machine at the Markets and also sold "Market Bucks", $5 script, good at any stand. Also people got WIC and SNAP vouchers. This year we only have a couple scrip vouchers, no Market Bucks and my sales are about 50/50 cash or credit cards. Got a new Square machine and it works pretty well. With all the rules and restrictions I now bag up the peaches and another guy takes the money or card payment. It's working OK so far. I seriously doubt that cash will go away completely in the near future.
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Gary in da UP
Orange Level Joined: 13 Sep 2009 Location: EUP of Mi. Points: 1885 |
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DMiller
Orange Level Access Joined: 14 Sep 2009 Location: Hermann, Mo Points: 30709 |
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Won't stop anything, the necessity of a druggy to get his materials could switch to stolen goods barter or gold or silver, even loaded cartridges' or firearms. Stolen cars motorcycles, titles, deeds, license plates you name it can be used as a barter object.
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steve(ill)
Orange Level Access Joined: 11 Sep 2009 Location: illinois Points: 80199 |
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jan 1st 2021 the gov plans to offer to buy all cash at face value plus 15% and then destroy it.
thats a good story... gets a lot of people cranked up... but no PROOF or reference to back it up ? It aint happening.
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Like them all, but love the "B"s.
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DMiller
Orange Level Access Joined: 14 Sep 2009 Location: Hermann, Mo Points: 30709 |
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Cannot see it ever happening with the poor, can barely manage a Debit card against a bank account IF they have one, know a few that still do not and have to cash paychecks at the grocer to pay bills for the month.
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john(MI)
Orange Level Joined: 12 Sep 2009 Location: SE MI Points: 9263 |
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You can't do away with paper money! What will those drug users use to roll up to snort their nose candy? Or maybe that will just open up another market!!
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D14, D17, 5020, 612H, CASE 446
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jaybmiller
Orange Level Access Joined: 12 Sep 2009 Location: Greensville,Ont Points: 22256 |
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yeah 'cashless' society.... it'll happen after trees aren't needed cause 'computers will eliminate printing stuff'......
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3 D-14s,A-C forklift, B-112
Kubota BX23S lil' TOOT( The Other Orange Tractor) Never burn your bridges, unless you can walk on water |
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JohnColo
Orange Level Joined: 03 Apr 2020 Location: Niwot, CO Points: 1258 |
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Several years ago I was at a convention in Lost Wages. We were staying in one of the casinos, don't remember which. I took a roll of quarters with me so I could win my fortune, discovered none of the slots took coins anymore. Asked an employee about that, was told they changed over the machines to plastic because, 1 employees were getting sick and injured handling all the coins, 2. It cost more money to process the coins and 3. the insurance companies wanted to cut their expenses and offered cheaper rates if the casinos didn't deal with coins. The guy told me the coin op laundry a couple blocks away still had coin slots but I never got there to try. Came back with the roll.
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FloydKS
Orange Level Joined: 12 Sep 2009 Location: S E Kansas Points: 8081 |
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John... at least you can say you did not lose your roll of quarters at the casino. :)
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Holding a grudge is like taking poison and expecting the other person to die
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tadams(OH)
Orange Level Access Joined: 17 Sep 2009 Location: Jeromesville, O Points: 10017 |
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Yes, I don't see it happening in our life time.
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Dennis J OPKs
Silver Level Joined: 12 Sep 2009 Location: Overland Park, Points: 419 |
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For what it's worth Sweden has been working on this for several years and is scheduled to go all cashless in 2023. Granted it's a smaller country and fewer people. Banks will probably love it because I'm sure there are fees involved and savings in not having to handle the money. On the other hand fewer jobs.
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Ray54
Orange Level Access Joined: 22 Nov 2009 Location: Paso Robles, Ca Points: 4474 |
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The druggies can try using all the TP that was horded in March and April. Or is that why my wife's news paper only get here about 50% of the time. I thought they were just lazy.
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LouSWPA
Orange Level Access Joined: 11 Sep 2009 Location: Clinton, Pa Points: 24206 |
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Dave, I know people will laugh at me for this, but those people you speak of will be tattooed with a bar code! This IS coming, only a matter of when. It has it's advantages, but it will cost us our privacy and anonymity! every breath you take, every step you take, every choice you make will be monitored and recorded by the government, who knows better than oneself what is good for them. Most of us may not see it all in our lifetime, but we are already seeing it now, to a small degree. you already cannot travel feely w/o being monitored. in many states, you must have an EZ pass to travel toll roads, or, you will be billed by mail. That is all recorded. Your picture is taken as you roll through the gate, your auto registration number is recorded, and your ezpass is recorded. You go to the Dr, your picture is taken, all your personal information is recorded and placed in a national 'cloud bank'. A lot of what we accept today as normal, our forefathers would be aghast at!!!!!
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I am still confident of this;
I will see the goodness of the Lord in the land of the living. Wait for the Lord; be strong and take heart and wait for the Lord. Ps 27 |
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FREEDGUY
Orange Level Access Joined: 15 Apr 2017 Location: South West Mich Points: 5391 |
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LMAO !!!! You really think "BIG BROTHER" tracking your monetary spending with a "card" is a GOOD THING ???? Filthy paper, ,WTH is THAT ???
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shameless dude
Orange Level Joined: 10 Apr 2017 Location: east NE Points: 13611 |
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they were sposed to do away with the pennies several years ago...and we are still getting new ones.
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steve(ill)
Orange Level Access Joined: 11 Sep 2009 Location: illinois Points: 80199 |
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30 MILLION people dont have a checking account or VISA....WHAT NOW ?
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Like them all, but love the "B"s.
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LouSWPA
Orange Level Access Joined: 11 Sep 2009 Location: Clinton, Pa Points: 24206 |
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Steve, who are these 30 million? how do they get their paycheck cashed? How do they pay bills? My suspicion is most of those are indigents, or illegals, and Like I said, one suggestion was 'barcoding' them. But, there are possibly some off the grid'rs in that number, and they are some of the ones the gu'mnt is looking for! they WILL pay their taxes! |
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I am still confident of this;
I will see the goodness of the Lord in the land of the living. Wait for the Lord; be strong and take heart and wait for the Lord. Ps 27 |
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john(MI)
Orange Level Joined: 12 Sep 2009 Location: SE MI Points: 9263 |
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I remember, I think it was about 8 years ago now, there was talk about banks not taking cash, nor giving cash. They were going to charge taxes on any paper checks deposited. I never did hear anymore on that though, but maybe that was the start of all of this!!
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D14, D17, 5020, 612H, CASE 446
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