How will silver help against CBDC’s

[Minimalist]

On 17/04/2022 at 07:49, HillWalkerDundee said:

In this, I am afraid you are wrong. In law the owner and keeper are two different entities though, in practice, they are often the same. However, for the purpose of this, take company cars as an example. The company owns the car and is responsible for insurance. The keeper, usually the main driver, is responsible for ensuring that the vehicle is road worthy and paying any fines.

Can you provide evidence over this.

[StackemHigh]

9 minutes ago, Minimalist said:

Can you provide evidence over this.

HWD has just stated what is known to be fact with added info.

Look up Hire Purchase agreements etc.

Car rentals to an certain level etc.

Mobility cars etc.

Someones mum gets too old to drive but lets their granddaughter drive and insure the car, Ownership doesn't change but the responsibility for the vehicle does.

[ady]

1 hour ago, StackemHigh said:

After all cash is used by criminals!

I love being a criminal, 

[StackemHigh]

1 minute ago, ady said:

I love being a criminal, 

Yeah me too. I've just shaved so i'm a smooth criminal. Hahahahaha Boom Boom.

[ady]

1 minute ago, StackemHigh said:

've just shaved so i'm a smooth criminal

It's a cut throat world!

[Minimalist]

33 minutes ago, StackemHigh said:

Hire Purchase agreements

Hire purchase agreements is a financial security not proof of ownership. In the event of HPs, a person promises to pay the Bank x amount or the Bank attempts to repossess a car - IF I was the owner of the car I could just lend the car out during the HP period, right?

[SidS]

7 hours ago, StackemHigh said:

After all cash is used by criminals!

Thought that was bitcoin? I must have been reading the wrong official propaganda notice board. 😁

To be honest, as much as I like cash and want to see it survive. I wish they'd cull the 1p and 2p coins, utterly useless. Inflation has eroded any value they had.

Just think the 1p now has the lowest purchasing power of any coin issued in British history. Due to inflation it's worth less than the decimal halfpenny was worth when it was with withdrawn in 1984. Lower than any of the pre-decimal bronze coins, including the farthing. It's even less than the half farthing at withdrawal in 1869!

I'm all for preserving cash, but not coins which are often see lying on pavements.

Get them culled and get some £5 coins for proper circulation.

[goldsilverdash]

11 hours ago, StackemHigh said:

I personally feel that the cash in society will slowly be taken away! Government statments like " We have to stop making 1p and 2p coins as the materials are now worth more" then 5p then 10p and 50p. Then a royal decree everyone must be equal and a bank of England Debit card must be issued to everyone and CASH is gone. Not NOW but possibly by 2100. Not in our life time. Plenty of time to change public perception of an outdated idea like worthless CASH. After all cash is used by criminals!

I think it is futile to fight for the preservation of cash, it is better to direct that energy towards supporting alternatives like cryptocurrencies.

Physical cash is not that great anyway, it’s fiat currency after all. It cannot be used for online transactions, it is perishable, gets worn and dirty, etc.

The cashless society is coming. Instead of clinging to cash or handing the future of payments to corporations, banks, and governments, we can fight back by embracing decentralized digital currencies.

And if a physical alternative is needed as a backup we have our silver and gold coins to barter with.

Edited April 20, 2022 by goldsilverdash

[Minimalist]

3 hours ago, goldsilverdash said:

Physical cash is not that great anyway, it’s fiat currency after all. It cannot be used for online transactions, it is perishable, gets worn and dirty, etc.

Physical cash gives us the ability to declare the tax we want. This gives us the ability to have greater purchasing power. Plus, the basic needs in the economy is still transacted in cash, especially farmer markets.

The fact yourself and a few others are for the removal of cash into a digital system just tells me everything; you are willing to surrender your entire life to the Banking cartel where they will mark up your standard of living. Such acquiesce is a disgrace.

[Minimalist]

14 hours ago, StackemHigh said:

After all cash is used by criminals!

Funny how HSBC and other gangster entities love cash for their drugs empire.

Honestly… The lack of critical thought in here is astounding.

Dont worry, im sure Schwab and his communist gangster friends are doing this for the better of society 🙄

[goldsilverdash]

2 hours ago, Minimalist said:

Physical cash gives us the ability to declare the tax we want. This gives us the ability to have greater purchasing power. Plus, the basic needs in the economy is still transacted in cash, especially farmer markets.

The fact yourself and a few others are for the removal of cash into a digital system just tells me everything; you are willing to surrender your entire life to the Banking cartel where they will mark up your standard of living. Such acquiesce is a disgrace.

I wonder if you read the rest of my post? I said explicitly that we should NOT hand the future of payments to corporations, banks, and governments, but support decentralized digital alternatives instead. An acceptable alternative would of course retain all the beneficial aspects of physical cash including its anonymity.

[Minimalist]

12 minutes ago, goldsilverdash said:

but support decentralized digital alternatives instead. An acceptable alternative would of course retain all the beneficial aspects of physical cash including its anonymity.

The Banking cartel and govts can shut it down. China has already banned it.

[goldsilverdash]

2 minutes ago, Minimalist said:

The Banking cartel and govts can shut it down. China has already banned it.

Well, to the extent that is true, it is even more so of cash, is it not?

I use cash myself whenever it is the least bad option available, but merely hoping that cash won't be taken away is not a good defence against financial control and surveillance. Building and supporting something that they cannot shut down is.

[FourNinesFine]

10 hours ago, SidS said:

Thought that was bitcoin? I must have been reading the wrong official propaganda notice board. 😁

To be honest, as much as I like cash and want to see it survive. I wish they'd cull the 1p and 2p coins, utterly useless. Inflation has eroded any value they had.

Just think the 1p now has the lowest purchasing power of any coin issued in British history. Due to inflation it's worth less than the decimal halfpenny was worth when it was with withdrawn in 1984. Lower than any of the pre-decimal bronze coins, including the farthing. It's even less than the half farthing at withdrawal in 1869!

I'm all for preserving cash, but not coins which are often see lying on pavements.

Get them culled and get some £5 coins for proper circulation.

 

Removing the 1p coin would create absolute chaos in the retail industry. 

They'd have to start selling products for £20.00, instead of £19.99.  And there's no way I'm paying £20 for something I could have bought for £19.99 last week.  Bloody inflation.

 

Edited April 20, 2022 by FourNinesFine

[Roy]

3 hours ago, Minimalist said:

Honestly… The lack of critical thought in here is astounding.

You should start your own forum, you know, for clever folk like yourself.

Why waste time with us fools?

[Minimalist]

1 hour ago, goldsilverdash said:

Well, to the extent that is true, it is even more so of cash, is it not?

I use cash myself whenever it is the least bad option available, but merely hoping that cash won't be taken away is not a good defence against financial control and surveillance. Building and supporting something that they cannot shut down is.

Metals and cash is the only alternative imho. Both are untraceable and the financial system doesnt like them.

The war on cash is one thing… If they go after metals (which is possible) then its genuinely all over.

48 minutes ago, Roy said:

Why waste time with us fools?

So yous can increase my net worth.

[HillWalkerDundee]

19 hours ago, Minimalist said:

Can you provide evidence ovr this

If you go onto DVLA, you will see a detailed explanation. This is the start of it (couldn't get the URL to paste.

 "

The Differences Between The Registered Keeper And Owner Of A Vehicle

The registered keeper is different to the owner of a vehicle. The registered keeper should be the person who is using the vehicle and keeping it, which can sometimes be different to the owner of the vehicle or the person who is responsible for paying for it.

The person who is responsible for the vehicle in terms of official communications from the police and the DVLA is known as the registered keeper, but the owner is the person who has paid for the car or was given it as a present.

The DVLA emphasizes that the person who is named on the registration document, which is sometimes also known as a V5 document, may not necessarily be the owner and that a V5 is not proof of ownership.

For example, this is the case with a company car. The car is owned by the company, but the registration documents (the V5) should show the registered keeper to be the person who uses it on a daily basis, such as an employee. "

[Minimalist]

1 minute ago, HillWalkerDundee said:

but the owner is the person who has paid for the car

This is the only part which states who is the owner based on proof of a completed transaction - its ambiguous to be honest. There is more emphasis on the "keeper" than the "owner" which is telling. It seems to me, from what I have read, that the owner exists if a financial security is completed/closed. 

[HillWalkerDundee]

1 hour ago, Minimalist said:

This is the only part which states who is the owner based on proof of a completed transaction - its ambiguous to be honest. There is more emphasis on the "keeper" than the "owner" which is telling. It seems to me, from what I have read, that the owner exists if a financial security is completed/closed. 

I thought that the difference was clear. There certainly doesn't have to be a financial security as the text refers to purchase or gift. An interpretation (and I never like those) is provided here https://www.autoexpress.co.uk . The emphasis on the keeper is simply that speeding fines, accidents, criminality are levied against the keeper - the person who would normally drive the vehicle.

[HillWalkerDundee]

3 hours ago, FourNinesFine said:

Removing the 1p coin would create absolute chaos in the retail industry. 

They'd have to start selling products for £20.00, instead of £19.99.  And there's no way I'm paying £20 for something I could have bought for £19.99 last week.  Bloody inflation.

 

Removing the 1p would lead to an increase in theft. The reason why items are priced at £x.99 is that it forces a person to open the till to give change.

[SidS]

I think prices could easily be priced at 5p intervals. I've already seen prices such as £2.95, totally feesible. I don't exactly love 5p coins, but I'd always take one over any copper.

[goldsilverdash]

14 hours ago, FourNinesFine said:

Removing the 1p coin would create absolute chaos in the retail industry. 

They'd have to start selling products for £20.00, instead of £19.99.  And there's no way I'm paying £20 for something I could have bought for £19.99 last week.  Bloody inflation.

 

Are you familiar with Ludwig van Beethoven's piece Rage Over a Lost Penny?

 

Edited April 21, 2022 by goldsilverdash

[LemmyMcGregor]

22 hours ago, goldsilverdash said:

I think it is futile to fight for the preservation of cash, it is better to direct that energy towards supporting alternatives like cryptocurrencies.

Physical cash is not that great anyway, it’s fiat currency after all. It cannot be used for online transactions, it is perishable, gets worn and dirty, etc.

The cashless society is coming. Instead of clinging to cash or handing the future of payments to corporations, banks, and governments, we can fight back by embracing decentralized digital currencies.

And if a physical alternative is needed as a backup we have our silver and gold coins to barter with.

+

15 hours ago, goldsilverdash said:

Well, to the extent that is true, it is even more so of cash, is it not?

I use cash myself whenever it is the least bad option available, but merely hoping that cash won't be taken away is not a good defence against financial control and surveillance. Building and supporting something that they cannot shut down is.

Cash is needed. What if the network is down for whatever reason? Say you're driving somewhere, you stop to fill the car and the card doesn't work, what do you do? Use an alternative digital currency for which access to a network (which THEY control) is required? They would probably have to close shop, whereas with cash still around they can put a sign outside stating the issue and warning you that is cash only, those with cash in their pocket can fill up, the others park.

 

15 hours ago, FourNinesFine said:

Removing the 1p coin would create absolute chaos in the retail industry. 

They'd have to start selling products for £20.00, instead of £19.99.  And there's no way I'm paying £20 for something I could have bought for £19.99 last week.  Bloody inflation.

 

£19.95

[Darr3nG]

14 hours ago, HillWalkerDundee said:

The Differences Between The Registered Keeper And Owner Of A Vehicle

I'm a registered keeper of a car which I don't own... My father-in-law passed away last year, and when I informed the DVLA and completed the required form, became the registered keeper of his car.

Ownership can only be transferred, once probate has been granted and the executor does their thing...

[goldsilverdash]

2 hours ago, LemmyMcGregor said:

Cash is needed. What if the network is down for whatever reason? Say you're driving somewhere, you stop to fill the car and the card doesn't work, what do you do? Use an alternative digital currency for which access to a network (which THEY control) is required? They would probably have to close shop, whereas with cash still around they can put a sign outside stating the issue and warning you that is cash only, those with cash in their pocket can fill up, the others park.

I don't disagree with that, I understand the benefit of an "analog" way of payment. Indeed, it is part of why I stack silver and fractional gold coins, for barter. And I don't wish that cash goes away before there are better alternatives in place. All I'm saying is that those of us who believe in financial freedom and privacy should take a more proactive approach than just hoping that cash will stay, because the "cashless society" is probably coming and we better be ready.