{"id":742,"date":"2020-04-15T11:51:32","date_gmt":"2020-04-15T11:51:32","guid":{"rendered":"https:\/\/www.pbmv.com\/blog\/?p=742"},"modified":"2020-04-15T11:51:32","modified_gmt":"2020-04-15T11:51:32","slug":"covid-19-and-the-war-on-cash-what-is-behind-the-push-for-a-cashless-society","status":"publish","type":"post","link":"https:\/\/www.pbmv.com\/blog\/?p=742","title":{"rendered":"COVID-19 and the War on Cash: What Is Behind the Push for a Cashless Society?"},"content":{"rendered":"

By John W. Whitehead, The Rutherford Institute<\/a><\/p>\n

Cash may well become a casualty of the COVID-19 pandemic<\/i>\"cashless_matrix.jpg\"<\/p>\n

As these COVID-19 lockdowns drag out, more and more individuals and businesses are going cashless<\/a> (for convenience and in a so-called effort to avoid spreading coronavirus germs), engaging in online commerce or using digital forms of currency (bank cards, digital wallets, etc.). As a result, physical cash is no longer king.<\/p>\n

Yet there are other, more devious, reasons for this re-engineering of society away from physical cash: a cashless society\u2014easily monitored, controlled, manipulated, weaponized and locked down\u2014would play right into the hands of the government (and its corporate partners).<\/p>\n

To this end, the government and its corporate partners-in-crime have been waging a subtle war on cash for some time now.<\/p>\n

What is this war on cash?<\/h4>\n

It\u2019s a concerted campaign to shift consumers towards a digital mode of commerce that can easily be monitored, tracked, tabulated, mined for data, hacked, hijacked and confiscated when convenient.<\/p>\n

According to economist Steve Forbes, \u201cThe real reason for this war on cash\u2014start with the big bills and then work your way down\u2014is an ugly power grab by Big Government. People will have less privacy: Electronic commerce makes it easier for Big Brother to see what we\u2019re doing, thereby making it simpler to bar activities it doesn\u2019t like, such as purchasing salt, sugar, big bottles of soda and Big Macs.\u201d<\/p>\n

Much like the war on drugs and the war on terror, this so-called \u201cwar on cash\u201d is being sold to the public as a means of fighting terrorists, drug dealers, tax evaders<\/a> and now COVID-19 germs.<\/p>\n

Digital currency provides the government and its corporate partners with the ultimate method to track, control you and punish you.<\/p>\n

In much the same way that Americans have opted into government surveillance through the convenience of GPS devices and cell phones, digital cash\u2014the means of paying with one\u2019s debit card, credit card or cell phone\u2014is becoming the de facto commerce of the American police state.<\/p>\n

Not too long ago, it was estimated that smart phones would replace cash and credit cards altogether by 2020<\/a>. Right on schedule, a growing number of businesses are adopting no-cash policies<\/a>, including certain airlines, hotels, rental car companies, restaurants and retail stores. In Sweden, even the homeless and churches accept digital cash<\/a>.<\/p>\n

Making the case for \u201cnever, ever carrying cash\u201d in lieu of a digital wallet, journalist Lisa Rabasca Roepe argues that cash is inconvenient<\/a>, ATM access is costly, and it\u2019s now possible to reimburse people using digital apps such as Venmo. Thus, there\u2019s no longer a need for cash. \u201cMore and more retailers and grocery stores are embracing Apple Pay, Google Wallet, Samsung Pay, and Android Pay,\u201d notes Roepe. \u201cPayPal’s app is now accepted at many chain stores including Barnes & Noble, Foot Locker, Home Depot, and Office Depot. Walmart and CVS have both developed their own payment apps while their competitors Target and RiteAid are working on their own apps.\u201d<\/p>\n

So what\u2019s the deal here?<\/h4>\n

Despite all of the advantages that go along with living in a digital age\u2014namely, convenience\u2014it\u2019s hard to imagine how a cashless world navigated by way of a digital wallet doesn\u2019t signal the beginning of the end for what little privacy we have left and leave us vulnerable to the likes of government thieves and data hackers.<\/p>\n

First, when I say privacy, I\u2019m not just referring to the things that you don\u2019t want people to know about, those little things you do behind closed doors that are neither illegal nor harmful but embarrassing or intimate. I am also referring to the things that are deeply personal and which no one need know about, certainly not the government and its constabulary of busybodies, nannies, Peeping Toms, jail wardens and petty bureaucrats.<\/p>\n

Second, we\u2019re already witnessing how easy it will be for government agents to manipulate digital wallets for their own gain. For example, civil asset forfeiture schemes are becoming even more profitable for police agencies thanks to ERAD (Electronic Recovery and Access to Data) devices supplied by the Department of Homeland Security<\/a> that allow police to not only determine the balance of any magnetic-stripe card (i.e., debit, credit and gift cards) but also freeze and seize any funds on pre-paid money cards. In fact, the Eighth Circuit Court of Appeals ruled that it does not violate the Fourth Amendment for police to scan or swipe your credit card.<\/p>\n

Third, the war on cash is about giving the government the ultimate control of the economy and complete access to the citizenry\u2019s pocketbook.<\/p>\n

Fourth, every technological convenience that has made our lives easier has also become our Achilles\u2019 heel, opening us up to greater vulnerabilities from hackers and government agents alike.<\/p>\n

Fifth, if there\u2019s one entity that will not stop using cash for its own nefarious purposes, it\u2019s the U.S. government. Cash is the currency used by the government to pay off its foreign \u201cassociates.\u201d<\/p>\n

Sixth, this drive to do away with cash is part of a larger global trend<\/a> driven by international financial institutions and the United Nations that is transforming nations of all sizes, from the smallest nation to the biggest, most advanced economies.<\/p>\n

Finally, short of returning to a pre-technological, Luddite age, there\u2019s really no way to pull this horse back now that it\u2019s left the gate. While doing so is near impossible, it would also mean doing without the many conveniences and advantages that are the better angels, if you will, of technology\u2019s totalitarian tendencies: the internet, medical advances, etc.<\/p>\n

To our detriment, we have virtually no control over who accesses our private information, how it is stored, or how it is used. Whether we ever had much control remains up for debate. However, in terms of our bargaining power over digital privacy rights, we have been reduced to a pitiful, unenviable position in which we can only hope and trust that those in power will treat our information with respect.<\/p>\n

Clearly, as I make clear in my book Battlefield America: The War on the American People<\/a>, we have come full circle, back to a pre-revolutionary era of taxation without any real representation.<\/p>\n","protected":false},"excerpt":{"rendered":"

By John W. Whitehead, The Rutherford Institute Cash may well become a casualty of the COVID-19 pandemic As these COVID-19 lockdowns drag out, more and more individuals and businesses are going cashless (for convenience and in a so-called effort to avoid spreading coronavirus germs), engaging in online commerce or using digital forms of currency (bank […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-742","post","type-post","status-publish","format-standard","hentry","category-uncategorized"],"_links":{"self":[{"href":"https:\/\/www.pbmv.com\/blog\/index.php?rest_route=\/wp\/v2\/posts\/742","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.pbmv.com\/blog\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.pbmv.com\/blog\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.pbmv.com\/blog\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.pbmv.com\/blog\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=742"}],"version-history":[{"count":2,"href":"https:\/\/www.pbmv.com\/blog\/index.php?rest_route=\/wp\/v2\/posts\/742\/revisions"}],"predecessor-version":[{"id":744,"href":"https:\/\/www.pbmv.com\/blog\/index.php?rest_route=\/wp\/v2\/posts\/742\/revisions\/744"}],"wp:attachment":[{"href":"https:\/\/www.pbmv.com\/blog\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=742"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.pbmv.com\/blog\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=742"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.pbmv.com\/blog\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=742"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}