Reserve Bank of New Zealand document on the future of cash

archive.is/1uCGk

What do you think, Jow Forums? They're weighing up the pros and cons of keeping cash around vs removing it from NZ society. One of the points they made was around the abillity to enforce negative interest rates if cash was no longer present in society.

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youtube.com/watch?v=h9Wsb4qBckU
youtube.com/watch?v=VbOv_ClA7j0
moneroworld.com/
aangirfan.blogspot.com/2011/06/jews-in-china.html
twitter.com/SFWRedditGifs

where do I vote for what happens in ventral banks?

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Just fucking buy Bitcoin. This is a clown world, opt-out.

We are few years away from the NWO now, the cashless society will mark (((their))) total domination over us : no place to hide, no way to dissent, no options left but starving to death if you want to leave the matrix.
The mark of the Beast finally coming to fruition. Cash is the basis of the few freedom we still have left, surrendering cash is surrendering our humanity and our ability of free will.
This is a huge deal and they are shilling the cashless society in literally EVERY country worldwide rn. And you fucks are blinded by your greed and potential short term gains. How can you not understand yet than with jews, you lose?

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>Remove cash from society
>implement negative interest rates
>literally pay to keep your money in the bank
>forces you to stimulate the economy by spending it

New Zealand also doesn't have a guarantee on your savings in the bank. If the banks are going to fail, they will take your money with them.

MONERO RETARD

based brainlet ZOGbot

desu, if we're going to go crypto, we should hold multiple cryptos to spread the risk, just like we would shares.

>New Zealand also doesn't have a guarantee on your savings in the bank.
Countries with guarantee are fucking lying anyway, you can keep dreaming to see ever again your "insured up to 100k" account money if the bank fail. They are just using this excuse to :
- avoid a bankrun
- threaten the governments of literally ruining their citizens, who will obviously end up in a bosnia-tier bloodbath

>At the complete mercy of electricity, internet and bank computers staying up 24/7
>At the mercy of banks refusing to serve you because they/government don't like you
>Business are now forced to pay whatever Visa/Mastercard charges them, raising prices for goods

What could possibly go wrong?

>we should hold multiple cryptos
99% have no futures tho, only very few will go parabolic longterm, and lets be real : the ones who will take over the crypto market aren't born yet, and they will be stablecoins regulated and backed by governments, that's the only way to trigger mass adoption.

It is what is best for the economy. Anyone who thinks otherwise is retarded and this is why you are nowhere to be found near the decision making process.

you paper money shills will be weeded out almost instantly, and you will be removed from society

GG

t. kike

Nobody with morals is involved in government to begin with

That's not how this is going to work friend... You will have a pareto distribution of coins that win and bitcoin will be on top. Goodluck guessing what the others are, if they have even been conceptualized yet. Almost everything right now is useless vaporware shit that doesn't need a token. Its more safe to just buy BTC. And buy it soon. Economies around the world are about to go into recession, and it could get ugly.

>hello sir, as we were running our TerroScan™ of the internet archives for the period 2008-2009 our system found your IP was used to post on a domain called 4cuck.org the 4 of July, where you posted a message containing homophobic, pedophobic, antisemitic incitement to hatred.
>Specifically your message was saying :"*ahem* FUCK JANNIES FUCK KIKES FUCK NIGGERS AND FUCK TRANNIES"
>As you know, our Google laws put a limitation period of hate-posting of 99 years to preserve your Right to be Forgotten™, sadly you are in the retroactivity timeframe
>For this terrorist act, you'll lose 10 GGP (Good Goy points*)
>* : reminder you can pay 700 000 link to recover one GGP
>your GoodGoy credit score is currently to 0, thus we are forced to remove you from the Swiftty™ centralized database, you are now unable to withdraw or deposit any amount of Link from your RFID microship
>You are also forbidden to consume, chew or drink any Bayer™ product and are disconnected from the Intel-Grid database, formely allowing you to move within connected cities.

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yeah, no cash, means people are total bankers slave

he told over 10 year ago what Nicholas Rockefeller told him what bankers plan is, that cashless system is bankers goal

its not about money, the already own basicly almoust everything and they control world money printing, its all about control

youtube.com/watch?v=h9Wsb4qBckU

if there is no cash, banks can take your bank account what they want and you cant do nothing about it to prevent it

Only gov cryptos will be worth a fuck

>Imagine glowing this much
Fuck off shlomo, you and your kids will end up with your heads on a fucking spike

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smart phone are tool to enslave people

look what situation China is already, there is facial recognition cameras everywhere, for example if you jaywalk in China, they basicly immediatly charge fine your bank account without you know it

look at mark 10:25 at next video where this man told that when he jaywalk in China, they fined him about 20 seconds later at his account

look mark 10:25

youtube.com/watch?v=VbOv_ClA7j0

also China you lose your social credit points for example jaywalking etc automatic because there is facial recognition cameras everywhere
and when you lose social credit points, you cant for example travel trains etc to another city

also video reveal that China citys, you cant buy nothing about cash, you have to have smart phone because if you want to buy something you have to have QR-code scanning

take the shot

This stop supporting a system that does not support you.

Fuck off Keynes

They would never open a "public debate" on this if it wasn't decided already. It is an Overton window, like so many before to get the public used to the idea and then implement it saying that's what the public wanted.

The world is fucked, since this is the "debate" in every single country in the world. There are no more sanctuaries, hell on Earth incoming.

I hope they start implementing negative interest rates and crazy fractional reserve ratios. Bitcoin would be $1M in days

Grab a gun, some explosives, and kill those employed by the Central Bank at home

Well, they did accept submissions on it right up until yesterday.

They do address the issue of the loss of freedom and autonomy if cash is removed

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Do the address the cost of individual security for themselves and the risk of being killed by mobs too?

I haven't read the whole document yet. Check the link in the OP post and read it yourself.

>The loss of freedom in society in the above three areas could result in demand for a form of digital currency issued by the central bank that replicates some of the autonomy of cash. There are other assets in which people could store their wealth that are offline and removed from the financial system, for example, commodity assets and property. However, these are more difficult to transform into spendable money and can come with a different set of risks including fluctuating values.
>Therefore, people might demand a central bank digital currency that provides lower traceability than current electronic payments and accounts and presents an alternative to the banking system. This could be in the form of accounts with the central bank or tokens issued by the central bank, which carry a very low risk of default and sit outside the commercial banking system. A central bank digital currency could also be designed to provide a low cost form of payment to put downward pressure on uncompetitive prices in the payment system. Alternatively, consumers might ask for deposit protection and greater regulation of the banking system.

State-backed crypto soon?

Every free man with a public ip should run a full monero node that accept connection 18089. No force on earth can stop the beast but we can make a political statement with our hardware for the lulz.

Bonus point for running tor node and i2p node.

maybe if you only mean proof of work cryptos with a mature asic market and dominance in their algo

>Every free man with a public ip should run a full monero node that accept connection 18089.

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That is apparently the plan, but it will not restore lost trust. They are utterly fucked. IMF, WEF, WBG, they all lamented over crypto and how a centralized DLT world currency would bring back trust to the money system.

Delusional cat ladies for the most part

>18089
Unless you are attempting to run on a non-standard port tho it should be 18080 for monero p2p

>NZ becomes first fully digital country

Could be pretty dystopian and cyberpunk desu...

FUCK NO WHAT THE FUCK WHY!?

Read the document in the OP, user. It will tell all.

Unfortunately, submissions closed yesterday.

I fucking hope Bitcoin catches on or I might as well kill myself.

Negative interest rates is synonym of slavery.

NZ has been used as a guinea pig in the past, so it wouldn't surprize me if bigger players want to see if cashless society is possible there first, before they roll it out in other countries. But i don't think it's going to work out the way they plan.

It's 250k now in the US. But regardless, it's also meaningless if hyperinflation happens

>central bank
>central bank
>central bank
>central bank
>central bank

YES WE GET IT YOU WANT TO GIVE ALL THE CONTROL TO THE JEWS

Fiat is so fucked (((they))) cannot avoid negative interest rates.

Negative interest rates will mean people pull their cash from the banks SO they ban all cash to avoid the run. Those protesting will be labelled 'white supremacists'.

These are the lengths (((they))) will go to to protect their enslavement system.

When you think they started WW2 just to make sure they got back control of Germany...

Think how hard they'll fight to keep you using their Fiat system.

However it's going to get complicated. Russia kicked (((them))) out and isn't on board. Hence massive Gold reserves. Like a top chess player holding their threat and forcing the opponent to calculate for it in every variation, Russia is buying more Gold ready for a gold backed currency.

(((Their))) plan was to collapse America and then move on to China. China however has made it clear it doesn't want to be infected. Russians are already immunised. The rest of the world, being free of political correctness can easily spread the word of why (((they))) must not be permitted to enter.

The result of all this uncertainty is the world information war you see raging around you. It's all out. We, as residents of Western countries are seen as undesirables. We're to be replaced by browns who are low IQ and without troublesome ideals and values. However even this plan is failing as the free internet is waking people up.

The next years will be crucial.

>Those protesting will be labelled 'white supremacists'.
They burned that fighting word in 2016. It is as powerful as retard. New liberal left propaganda failed so hard, they have nothing left to influence up to 80% of the population. This cycle will bring the big data fools to there knees

>(((best)))

mmhmm just like how diversity and multiculturalism is best aswell?

the nose knows.

settle down Ted.

It's a battle for belief explaining the truth to people is all ya gotta do

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Yep, and 'racist' is rapidly losing it's power too.

The biggest problem for them is that they can't pull back. They've gone 'all in' so aggressively that their only option is to keep accelerating. A pullback would let normies wake up and then they'd be forever banished to their fortress awaiting inevitable demographic replacement.

The next few decades will be interesting.

if you use 18089 your node will be automatically added to this list of public nodes
>moneroworld.com/

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>state backed lower traceability (((currency)))
BAHAHAHAHAHAHAHAHAHA I'm sure it will be untraceable, also here is your unicorn and your flying car sir. Should I put it next to your state issued leprechaun?

They are banished from their fortress no matter what bullshit virtual policies they cook. They all bet on centralized propaganda to do the brainwashing, and that kind of propaganda in its most rabid form TV, Hollywood and newspapers (be it paper or online) are declining in reach exponentially, not to talk about the trust issue. Same goes for the legacy international institutions. Their last attempt is censorship and to enforce this, they simply lack the human resources and technology isn't able to provide what they would need.

Their institutional myths are dying, their institutions are dying, their human resources are dying, and because their myth were based around pacifism, passive consumerism, debt and cuckery they can't win a war. The outcome is already set in stone, the only remaining question is how their hegemony will die, will they just leave in an embarrassing fart or will it be bloody.
Who will prevent anybody with the will to kill to go after individual actors of the Boomer institutions? The internal security force that has to close one local station after the other? The external defense forces that have been cucked beyond recognition by the world peace universal egalitarians? The atomized consumer segments that don't give a shit? Tell me.

>China however has made it clear it doesn't want to be infected

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>Russia kicked (((them))) out

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read : aangirfan.blogspot.com/2011/06/jews-in-china.html

Ted Kaczynski's biggest mistake... BOMBING people. What a fucking retard. Did he actually think that shit was going to make people seriously consider his ideas?

Why do you think Putin is so hated by the media.

Of course he didn't expel them en masse -that would be PR suicide - but for the last 20 years institutions have been purged of (((globalist))) influence.

I think if we manage to get free eventually, future constitutions will have a lot of laws regarding the death penalty for rich and influential people who try to steer towards certain immoral goals, like the abolition of cash.

It's the next logical step to safeguard our rights.

Based. You're very well informed.
Chinks are under total control though.
Our fellow Whites are however afraid of giving the too much power, it's quite unipolar rn.

(((They))) were working on china for sure. Didn't work out though and now their escape route is blocked.

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Yes, and it did.

Face recognition biometrics must be pretty fuckin good in China considering they arr rook same

>if there is no cash, banks can take your bank account what they want and you cant do nothing about it to prevent it

Not only that but the banksters will have an immense increase in profits. Just imagine no more under the table deals. Every transaction is recorded on a ledger, no more under the table deals, no more privacy. With the addition of crypto technology and smart contracts they leeching of your money will all be done in real time. Forget monthly payments, every second your account drains. Many things such as social credit systems will also be implemented and this will effect things such as interests rates, loans and job opportunities. The future world is a world in which you are kept inline by block”chain” and smart contract/AI technology. A world in which you have to conform. It is the ultimate control and the (((people))) on top will have successfully dominated the human species to forever be their slaves.

Shit is scary and painfully obvious.

Fuck what’s best for the economy. The economy only serves Jewish interests. I only want what’s best for my people’s interests. Fuck Jews!

Chinese want to out Jew the Jew. The one thing they haven’t taken into account though why jews were able to dominate our societies is that they stole our genes and looked like us so we couldn’t tell who they were. We thought they were white. If Jews were a different skin colour like the Chinese they’d stand out like a sore thumb and people would of driven them out of our societies long ago.

Chinese are scary though. They seem to have the same world domination/genocidal tendencies as the Jewish. I wouldn’t doubt they make a deal with jews to eliminate the white race and then once we are defeated try and take over the Jews. Or maybe the Jews knowing they can’t completely dominate the world on their own without eventually getting wiped out will make an alliance with them and make them honorary Jews. South Koreans are learning about the Talmud. Look it up. Something really bad is cooking...

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I disagree. If it got so bad that the banks all failed, there would likely be hyperinflation in which case your money would be easily covered by the government.

>>hello sir, as we were running our TerroScan™ of the internet archives for the period 2008-2009 our system found your IP was used to post on a domain called 4cuck.org the 4 of July, where you posted a message containing homophobic, pedophobic, antisemitic incitement to hatred.
>>Specifically your message was saying :"*ahem* FUCK JANNIES FUCK KIKES FUCK NIGGERS AND FUCK TRANNIES"
>>As you know, our Google laws put a limitation period of hate-posting of 99 years to preserve your Right to be Forgotten™, sadly you are in the retroactivity timeframe
>>For this terrorist act, you'll lose 10 GGP (Good Goy points*)
>>* : reminder you can pay 700 000 link to recover one GGP
>>your GoodGoy credit score is currently to 0, thus we are forced to remove you from the Swiftty™ centralized database, you are now unable to withdraw or deposit any amount of Link from your RFID microship
>>You are also forbidden to consume, chew or drink any Bayer™ product and are disconnected from the Intel-Grid database, formely allowing you to move within connected cities.

now pick up that can, goy.

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Sephardi Jew from Peru here, we already destroyed the chinese.
the chinese felt into communism and communism is a way to control the goyim.

Don't worry Shlomo, Communism is on the way out. Chinese nationalism is coming back because Xi realises that the commie NWO is dead.

Didn't they tell you? Or maybe your information networks are breaking down now...