RE: Are we on the brink of a cashless society?

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Are we on the brink of a cashless society?

in cryptocurrency •  7 years ago  (edited)

The assertion that central banking and corporate control is capitalist is naive at best. Central banking along with any form of central planning is the antithesis of pure capitalism where free markets rule and central planning is just a form of communism. Secondly linking bitcoin/decentralised cryptocurrency to some globalized central monetary system is just plain wrong. Bitcoin is not controlled by any one major country/private party and is deflationary in nature. Your concern of a global centralised digital currency is well founded though but it most certainly will not be Bitcoin as bitcoin by nature goes against what the central planners hope to achieve.

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You are a wise individual @rupturedcrab , thank you for your comment. I must say that I can't disagree with you on this one. 👍

Yes capitalism is a pyramid scheme, same with cryptocurrency trading. But the get rich quick appeal, is helping to popularize the idea of a cashless world, like wildfire.

The good news is, as you've implied, that if the Antichrist can't control cryptocurrencies like the incredibly anonymous Monero, then it could delay the Mark for a very long time. More info in my recent post here:

https://steemit.com/christianity/@biblenerd/monero-vs-666-globalists-hijack-cryptocurrencies