written by reader The death of cash in America

By xiexgp@gmail.com, April 30, 2014

I have been getting notices regarding the U.S.becoming a Cashless Society or country. According to the Oxford club all of our bills will be called back to exchange for an Electronic bank account. No one will have any transactions with cash. Anyone who does not turn in their cash by the deadline will realize that their cash is now worth nothing because no store, no place will accept U.S. dollars. Supposedly the Fed ill be presenting this fact to Congress this last week of April and the entire thing will be implemented in June of this year 20l4. Has anyone else received this info from Maryland affiliates such as Stansberry and others. This one I believe came from Chris Mathai. It was implicated that trillions are now being deposited in the gigantic computer each month in preparation for the nations conversion to the government’s electronic bank account,. This includes cash, bank accounts, CD’s 401K Ira’s etc. It is mentioned of course, that we will not here about this on the media nor read it in the newspapers until the day the Feds announce it to
Congress We are also told that Congress nor the President can stop this because the Fed does not take orders from the President or anyone.Ple3se comment if anyone else has read or heard about this.

This is a discussion topic or guest posting submitted by a Stock Gumshoe reader. The content has not been edited or reviewed by Stock Gumshoe, and any opinions expressed are those of the author alone.

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The Blind DayTrader
The Blind DayTrader
May 1, 2014 10:55 pm

I’ve been hearing this stuff since at least 1990. It seems unlikely currently–they (“They”) like to do stuff incrementally–to ease the public into giving up its rights. It’s been working for them so far.

arch1
Member
May 4, 2014 3:07 am

As long as some seek to avoid surveillance of their dealings,,,such as drug dealers,,,working under the table etc. ,,,some form of cash will always survive. No matter what actions govt. takes. If we are talking Oxford investment opps .I might be persuaded to sell my holding in the Geo. Washington bridge.

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Maya Libretti
Guest
Maya Libretti
October 11, 2014 12:19 pm

I got a solicitation in the mail for this yesterday. Same story but the NEW doomsday appears to be Oct 28th. There are also reports that despite guarantees of an immediate refund if not satisfied with the “service”, refunds are actually difficult to obtain. I will say the material is compelling, but laced within it are a few technical falsehoods, and the exact predictions, with dates, are rather bizarre.

Daviator
Member
Daviator
October 13, 2014 9:21 pm

I also received the Oct 28 “doomsday” info from Oxford. Seems they have a company (stock pick) with the technology that is going to make this all happen. Anyone have the Gumshoe take on which company the Oxford boys are talking about? Allegedly this company is set to “SOAR!”

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Mike Lorrey
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Mike Lorrey
October 20, 2014 12:31 am

People are moving their assets into cryptocurrencies like bitcoin and other altcoins, even Peter Schiff has recommended this. Bitcoin was originally a concept called bitGold a decade ago, devised by extropian cypherpunks like myself, Nick Szabo, Hal Finney, Wei Dai, and Ralph Merkle. We had grown concerned about the actions of the federal government to raid companies trying to launch gold backed private currencies or gold or silver backed digital currencies. As long as there was a pile of gold or silver somewhere for government to steal/seize, that was the primary security weakness of these currencies no matter how cryptographically secure they were digitally. So the idea was to create a mathematical process to replicate the monetary/macroeconomic behavior of gold and silver, based on the premise that gold and silver are deflationary because they represent labor and capital invested in the past to mine them from the ground, refine and coin them, while fiat money is deflationary because it represents labor done in the future to pay off the debt that the fiat money represents. So, having seen massively parallel computing projects like SETI@Home and Folding@Home, where computer users contribute spare cycles of their PCs to run programs analysing blocks of data, and the need for a large public ledger to identify the legitimate owner of any given coin generated by the system, the idea of “mining” a public ledger made up of a chain of blocks of data consisting primarily of transaction events of said digital cryptocurrency, competing to mine it to generate new coins just as miners compete to mine gold or silver.
While the threat of federal confiscation of all dollar investments to convert to social security benefits may or may not be real (yes I’ve been hearing this threat for years too), the fact is that the fiat dollar is simply obsolete, and BitCoin, as it is now called, is mathematically equivalent to gold and silver as a “hard” currency (because the limited number of possible coin keys and their utility for other purposes like messaging or processing other data, creates an inherent scarcity) with anonymity of the digital wallets being identified only by their own cryptokeys while at the same time authenticating every legitimate coin transaction of any two wallets by the crowd of all bitcoin miners. BitCoin will be replacing the dollar, and government, if it wants to restore fiscal sustainability to its monetary system, is going to have to adopt a similar blockchain technology itself AND create a system to decentralize government administrative function authentication into that blockchain, whith mining done by recipients of “entitlements” to earn their benefits.

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Pete
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Pete
June 30, 2016 2:36 pm

Could the Fed have made a deal with Oxford to scare mattress cash out, and back into banks? Seems like a pretty good ploy to do just that.

romotec1
Member
romotec1
April 26, 2017 4:42 pm

has anyone subscribed to this and know what the 5 steps they are proclaiming are?

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Larry Steele
Member
March 3, 2019 3:16 pm

I received a email with Manward’s video promoting the Death of Cash Survival Kit. Same deal.
THe five step are:”
1. Buy Gold, the best way to buy gold and use it at POS terminals
2. Buy Crypto, Don’t know which ones
3. Get your share of Cashless Payments, No idea on this one
4. Get 24% yield in Cashless World, No idea here either
5. Create Your Own Bank, This involves using a Whole Life Insurance policy. I’ve seen this called “The Bank of You” before. Palm Beach promotes this as did Mike Dillard in Elevation Group.

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Ruben
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Ruben
May 19, 2019 10:46 pm

“Death Of Cash In America”

Ruben
Guest
Ruben
May 19, 2019 10:58 pm

According to the Manward video, There will be a time limit for you to render your cash including savings, Ira and retirement to the Gov. or Feds and if you don’t you will be arrested and fined. You will be marked as a criminal and you will be kept under very strict close surveillance. What I think that the first step is to invest your money in gold cryto currencies because everything will be bought with crypto currencies.

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gumshoe follower
Irregular
gumshoe follower
November 8, 2019 3:46 pm

Manfward Press has posted a compelling story and, of course, a paid subscription that includes how you can survive it. The date has chaged for the worst of the roll-out to December 2019, I believe, If someone buys the subscribscription, please share?

Libby
Member
Libby
January 4, 2020 10:29 pm

Just got an email today for the Death of Cash Survival Kit, with new deadline of 1/20/20, coinciding with Fed’s January meeting, where they may ban large denomination bills ($100+) as a first step toward all electronic transactions, where the government could survey all transactions that would end financial privacy. The better to control the masses. Probability by 01/20/20?

chayes
Member
chayes
March 7, 2020 11:53 am

So now it’s March 2020 and I’ve just gotten an email for Manward Press “Death of Cash” w/new date. Given this date has apparently been pushed forward since 2014, there’s clearly nothing to it. That said, per another message here some compelling points made…particularly w/Fed about out of room to effect much w/interest rate down to 1%. An