In a Cashless Society, Debit/Credit Card payments are ideal for mass Surveillance - Hated One

Published: 17 Aug 2019  ·  Uploaded: 08 May 2020 Watch on Youtube.com
3013 views  ·  9 hrs ago 10:05

TAGS CASHLESS   14 SURVEILLANCE   14
Video Description (from Youtube)
Cashless society seems like an inevitable progression into an easier, faster and more convenient future. But this comes at a huge of cost of privacy and anonymity of cash payments, and freedom from control over people's funds.

Support independent content by donating Monero or Bitcoin

Monero: 84DYxU8rPzQ88SxQqBF6VBNfPU9c5sjDXfTC1wXkgzWJfVMQ9zjAULL6rd11ASRGpxD1w6jQrMtqAGkkqiid5ef7QDroTPp

Bitcoin: 1HkDxXAVDFhBHSyRjam5WW5uoY88sxn5qz

Limiting cash payments and banning high-value bank notes is becoming a global trend. In France the cap on cash transactions is only 1,000 euros and in Italy it’s at €2,999.99. The European Central Bank has recently stopped issuing €500-notes, although they will remain accepted as a legal tender indefinitely. India’s Prime Minister Modi banned the use of 500 and 1,000 rupee notes basically overnight. In Sweden, no high street bank in big cities handles cash anymore with 85% of the population banking online.

Sources:

[1] https://paleofuture.gizmodo.com/1970s-researchers-predicted-debit-cards-would-be-great-1699216972
[2] https://paleofuture.gizmodo.com/the-privacy-dangers-of-a-cashless-society-were-clear-ov-512266908
[3] https://paleofuture.gizmodo.com/the-privacy-dangers-of-a-cashless-society-were-clear-ov-512266908
[4] https://www.theguardian.com/australia-news/2018/may/08/australia-federal-budget-2018-cash-payment-crackdown-tax-evasion
[5] https://gizmodo.com/australia-bans-cash-for-all-purchases-over-7-500-start-1825946888
[6] https://coingeek.com/australian-bill-to-exclude-crypto-from-new-cash-payment-restrictions/
[7] https://www.theguardian.com/world/2016/feb/08/german-plan-prohibit-large-5000-cash-transactions-fierce-resistance
[8] https://www.bloomberg.com/news/articles/2016-05-04/ecb-decrees-slow-death-of-500-euro-note-in-fight-against-crime
[9] https://www.theguardian.com/world/2016/nov/08/india-withdraws-500-1000-rupee-notes-fight-corruption
[10] https://www.abc.net.au/news/2018-03-06/$100-note-could-be-dumped-to-starve-black-economy-economist/9520210
[11] https://www.theguardian.com/world/2016/dec/30/india-cash-deadline-rupees-demonitisation-narendra-modi
[12] https://www.theguardian.com/world/2017/jan/02/indias-bank-note-ban-how-modi-botched-the-policy-yet-kept-his-political-capital
[13] https://www.bloomberg.com/opinion/articles/2016-10-14/the-cashless-society-is-a-creepy-fantasy
[14] https://www.bbc.com/news/business-43645676
[15] https://www.fastcompany.com/3056736/what-happens-when-we-become-a-cashless-society
[16] https://hbr.org/2014/06/the-hidden-costs-of-cash
[17] https://www.inc.com/will-yakowicz/dealing-with-cash-costs-american-businesses-55-billion.html
[18] https://www.zdnet.com/article/identity-theft-credit-card-fraud-cost-us-consumers-16-billion-in-2016/
[19] https://www.irs.gov/pub/irs-soi/p1415.pdf
[20] https://itep.org/fact-sheet-apple-and-tax-avoidance/
[21] https://www.nytimes.com/2017/11/06/world/apple-taxes-jersey.html
[22] https://washingtonsblog.com/2016/02/economics-professor-negative-interest-rates-aimed-driving-small-banks-business-eliminating-cash.html
[23] https://www.businessinsider.com/the-effect-of-negative-interest-rates-2015-11?r=UK
[24] https://tradingeconomics.com/euro-area/gdp-growth-annual
[25] https://edition.cnn.com/2019/07/29/business/deutsche-bank-ecb-negative-rates/index.html
[26] https://www.independent.co.uk/news/business/analysis-and-features/nudge-theory-richard-thaler-meaning-explanation-what-is-it-nobel-economics-prize-winner-2017-a7990461.html
[27] https://www.bbc.com/news/business-27717594
[28] https://www.theguardian.com/commentisfree/2018/jul/19/cashless-society-con-big-finance-banks-closing-atms
[29] https://money.cnn.com/2017/07/14/news/companies/visa-no-cash-restaurant-initiative/index.html
[30] https://www.theguardian.com/world/2016/feb/08/german-plan-prohibit-large-5000-cash-transactions-fierce-resistance
[31] https://www.bloomberg.com/news/features/2018-02-06/germany-is-still-obsessed-with-cash

Credits:
Music by CO.AG Music https://www.youtube.com/channel/UCcavSftXHgxLBWwLDm_bNvA

Follow me:
https://twitter.com/The_HatedOne_
https://www.bitchute.com/TheHatedOne/
https://www.reddit.com/r/thehatedone/
https://www.minds.com/The_HatedOne

The footage and images featured in the video were for critical analysis, commentary and parody, which are protected under the Fair Use laws of the United States Copyright act of 1976.


Shared on: 08 May 2020

DISCLAIMER All videos are for educational purposes only. The video is hosted on Youtube. The Video Title is derived from the original Youtube video title, video content, dialogue, speech or general content theme. The Video Title does not represent the views of any individual, speaker, organisation or business. Video Titles are further edited and optimized for SEO, keyword density, information and internal/external search. If you spot any mistake, omission or to report abuse kindly contact us.



14   Videos with 'Cashless'
Video: 21:42
4698 views · 8 hrs ago | 6 years ago
1 of 14   
Video: Salvation Q&A Session - Bilal Philips 8:16
4179 views · 5 hrs ago | 6 years ago
2 of 14   
Video: 13:54
5699 views · 44 mins ago | 5 years ago
3 of 14   
Video: 5:55
4733 views · 4 hrs ago | 5 years ago
4 of 14   
Video: 10:05
3014 views · 0 secs ago | 5 years ago
5 of 14   
Video: 10:32
2890 views · 3 hrs ago | 5 years ago
6 of 14   
Video: 37:30
4414 views · 7 hrs ago | 5 years ago
7 of 14   
Video: 29:45
3658 views · 2 hrs ago | 5 years ago
8 of 14   
Video: 12:42
3257 views · 9 hrs ago | 5 years ago
9 of 14   
Video: 28:55
3067 views · 6 hrs ago | 4 years ago
10 of 14   
Video: 8:01
2784 views · 8 hrs ago | 4 years ago
11 of 14   
Video: 30:4
3212 views · 5 hrs ago | 4 years ago
12 of 14   
Video: 14:18
2296 views · 8 hrs ago | 3 years ago
13 of 14   
Video: 25:52
332 views · 6 hrs ago | 7 months ago
14 of 14   


Latest videos  •  5,141 videos  •  0 viewed/24 hour

ARTICLES

0 viewed · 24 hour
Are you a Muslim?
3 mins | Online Test
Christian Heresies
9514 views · 8 mins ago
COVID: Lockdowns & Contact Tracing in 78 Countries
9211 views · 9 mins ago
Trinity - 27 Attributes of the Father, Son and Holy Ghost
14953 views · 10 mins ago
Bible History - KJV vs NIV
11072 views · 11 mins ago
New Age - Alice Bailey's 10 Point Charter
18730 views · 14 mins ago
ARTICLES   154

SCRIPTURE

Torah 5   BOOKS
Psalms 1   BOOK
Old Testament 32   BOOKS
New Testament 27   BOOKS
Apocrypha 1885 14   BOOKS
Gospels/Texts 367   BOOKS
Codex 120   BOOKS
Quran 1   BOOK
Hadith 10   BOOKS
SCRIPTURES   580

NEWS

0 viewed · 24 hour
  COVID-19 Testing & Tracing Action Plan - Rockefeller Foundation
8440 views · 17 mins ago · 01 Jul
Qatar and UAE join Israel in Military Air exercise - Newsweek
71 views · 10 hrs ago · 01 Apr
Moroccan jailed 1-year for Facebook posts criticising Saudi Arabia on [...] - MEMO
73 views · 7 hrs ago · 25 Mar
Same-sex couples can share rooms at WTA Finals in Saudi Arabia - Yahoo
86 views · 6 hrs ago · 04 Apr
Saudi Food Wholesaler profits hit $24M on higher food demand in [...] - Arab News
5736 views · 49 mins ago · 11 May
Saudi Arabia approves Moderna COVID Vaccine for children aged 6 years [...] - The National
7022 views · 49 mins ago · 25 Apr
NEWS   1,567
About Us  |  Help/FAQ  |  Contact Us    •    Terms  |  Privacy/Disclaimer
Be Informed on Social :      Facebook Page  |    Twitter  |    Youtube
MuslimProphets.com is an educational website on the Prophets of God: Noah, Abraham, Moses, Jesus and Muhammad, who established the Abrahamic faiths of Judaism, Christianity and Islam. MuslimProphets.com explores contemporary social themes through Scripture, Evidences, Photo, Video, Maps, Current Affairs, Debate and 'alternative' Views held by Theologians, Apologists, Scholars and Street Preachers. Take a Site Tour

In accordance with Islamic etiquette, all prophet names should be followed with 'Peace Be Upon Him (PBUH)'. This is omitted to minimise text.

DISCLAIMER: All website content is for general information and educational purposes only and available in the public domain. Whilst all information comes from sources believed to be reliable, this cannot be guaranteed. External links are provided as a convenience and for informational purposes only. They do not constitute endorsement or approval for any products, services or comments by organizations or individuals. External links text may be edited to improve internal site and keyword search options. We bear no responsibility for the accuracy, legality, or content found on any external website or its subsequent links. Unless indicated, all images and content is licensed under a Creative Commons Attribution License distributed by Wikipedia, Wikimedia Commons, Pixabay, Pxhere, Pexels, Unsplash or Flickr. All Torah, Psalms, Old and New Testament Bible quotes are from the King James Version (KJV) Holy Bible in the public domain. All Quran quotes are from Taqi-ud-Din al-Hilali/Muhsin Khan English Quran translation. You are invited to always conduct your own research. If you spot any mistake, error or omission of information, contact us so we can correct it.
Clustrmaps