DrafterX
14 years ago
what if there was no cash..?? everything was paid for electronically by cards or whatever... everything you bought was automatically taxed 10%... everything you sold would show up when you went to pay taxes... not sure how'd you buy dope and stuff tho... 😟
DrMaddVibe
14 years ago
Barter system!!!#-o
DrafterX
14 years ago
like Barter Town..?? 😕
DrMaddVibe
14 years ago

like Barter Town..?? 😕

DrafterX wrote:




Let this current administration have a second go-round and Barter Town will be America's NYNY!
Brewha
14 years ago
Must be a Mel Gibson for President add . . .
DrMaddVibe
14 years ago

Must be a Mel Gibson for President add . . .

Brewha wrote:




One day **** of the walk, the next day a feather duster.
borndead1
14 years ago
Most really big financial transactions are already electronic.

When 600 billion dollars can be "created" by punching a few buttons, a huge disaster is not far away.
DrafterX
14 years ago

Most really big financial transactions are already electronic.

When 600 billion dollars can be "created" by punching a few buttons, a huge disaster is not far away.

borndead1 wrote:





true... true...
but on a smaller scale, what happens to the garage sales or picking up a side job every now and then... the self employed I'm sure would fight this... no more pocketing cash and only depositing checks... 🤔
rfenst
14 years ago

Most really big financial transactions are already electronic.

When 600 billion dollars can be "created" by punching a few buttons, a huge disaster is not far away.

borndead1 wrote:




You don't think paying that in cash would create huge disasters?
rfenst
14 years ago

what if there was no cash..?? everything was paid for electronically by cards or whatever... everything you bought was automatically taxed 10%... everything you sold would show up when you went to pay taxes... not sure how'd you buy dope and stuff tho... 😟

DrafterX wrote:



Forgetting about your taxation idea, many of us predominantly live that way already. Another 5-10 years, a cash transaction will be rare.
Big_Bear
14 years ago
It's gonna make all of my coin magic obsolete. Hard to pull 25 monetary units out of someone's ear.
DrMaddVibe
14 years ago

You don't think paying that in cash would create huge disasters?

rfenst wrote:




Nope. "Pay as you play" is the way to be. Debt free. Own it outright or don't.

Over extending one's finances and giving people that had no way to pay loans got us in the mess we're in...that and illegal immigration...got us in the mess we're in...bad loans, illegal immigration and derivitave swaps...that's what got us in the mess we're in. Bad loans, illegal immigration, derivitave swaps and a vast military complex...that's what got us in the mess we're in...Bad loans, illegal immigration, derivitave swaps, vast military complex and giving money to nations that will NEVER give a thing in return...that's what got us in the mess we're in....🐴
DrafterX
14 years ago

Forgetting about your taxation idea, many of us predominantly live that way already. Another 5-10 years, a cash transaction will be rare.

rfenst wrote:





I could live off my cards... I need to get a pike pass tho... but the idea is aimed more at tracking illegal money.. drug money, gambling, and tax evasion.... wouldn't be easy tho... how would Wheel pay Pedro and stuff...?? 😕
DrafterX
14 years ago


Over extending one's finances and giving people that had no way to pay loans got us in the mess we're in...that and illegal immigration...got us in the mess we're in...bad loans, illegal immigration and derivitave swaps...that's what got us in the mess we're in. Bad loans, illegal immigration, derivitave swaps and a vast military complex...that's what got us in the mess we're in...Bad loans, illegal immigration, derivitave swaps, vast military complex and giving money to nations that will NEVER give a thing in return...that's what got us in the mess we're in....🐴

DrMaddVibe wrote:





lyrics..??? 😕


:-" :-" :-" :-"
Stinkdyr
14 years ago
Don't let the gubment control even more of your life.

resist now!

[ram27bat]
DrMaddVibe
14 years ago

lyrics..??? 😕


:-" :-" :-" :-"

DrafterX wrote:




Nope a play on Steve Martin's "The Jerk"
Brewha
14 years ago
And the crowd goes wild . . . .
DrafterX
14 years ago

Don't let the gubment control even more of your life.

resist now!

[ram27bat]

Stinkdyr wrote:





good point.... the self-proclaimed smartest guy in our company has suggested this to me a couple times... thought I'd bring up here just for the halibut... I don't really see it ever happening or being sucessful if it were tried... 😟
rfenst
14 years ago

I could live off my cards... I need to get a pike pass tho... but the idea is aimed more at tracking illegal money.. drug money, gambling, and tax evasion.... wouldn't be easy tho... how would Wheel pay Pedro and stuff...?? 😕

DrafterX wrote:



Presently, he could buy a pay as you go Visa or Amex and load electronic money on it, then hand it to Pedro.
borndead1
14 years ago

You don't think paying that in cash would create huge disasters?

rfenst wrote:



My point is that our whole monetary system is headed for disaster when something like that can even happen.

Paper money basically began as receipts for gold. When we abandoned the gold standard, the dollar became "currency" by decree of the government (and the central bank). It no longer represents anything of value, and can therefore be manipulated very easily.
Users browsing this topic