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Friday, February 10, 2017

Cash No Longer King: Europe Accelerates Move To Begin Elimination Of Paper Money

http://theantimedia.org/cash-europe-moves-elimination-paper-money/
“There is little debate among law-enforcement agencies that paper currency, especially large notes such as the U.S. $100 bill, facilitates crime: racketeering, extortion, money laundering, drug and human trafficking, the corruption of public officials, not to mention terrorism. There are substitutes for cash—cryptocurrencies, uncut diamonds, gold coins, prepaid cards—but for many kinds of criminal transactions, cash is still king. It delivers absolute anonymity, portability, liquidity and near-universal acceptance.”

  Right,  After all LAW ENFORCEMENT types never lie.

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