Should I Be Concerned?
Spain is banning cash transactions that exceed 2500 Euros. http://www.thedailybell.com/3814/Spain-Bans-Cash
Keeping in mind that In a cashless economy where all transaction are conducted using digital currency, all transactions can (and will) be tracked. All transactions would have to run through some financial institution. This means no longer doing business as a private citizen. That puts a whole lot of control into the hands of…somebody. That doesn’t sound like liberty here in the land of the free. Jack at TSP was just talking about this at the end of his podcast from yesterday (4/23/12) http://www.thesurvivalpodcast.com/feedback-for-4-23-12
This is one of the scenarios preppers are prepping for. But prepping by stockpiling isn’t the answer to this. If this happens here you can’t stockpile enough to ride this one out, you need to be getting yourself resilient. You need self sufficiency that is sustainable when something permanent shows up on the horizon.
Posted on April 24, 2012, in Resilience and tagged Beginner Prepper, Beginner Prepping, digital currency, Liberty, Preparedness, Prepper, Prepping, private citizen, Resilience, Self Sufficiency, Sufficiency, Sustainability. Bookmark the permalink. 2 Comments.