O YE DRYBONES : Welcome to Stargate 2016 the World of RIFD

Please familiarize yourself with the new EMV card system, as many retailers will soon be switching to the new technology. An EMV card still enables a member to make purchases at retail outlets with their credit and debit cards, though the “swiping” of magnet strips on cards at checkout lines will be replaced with the act of inserting the EMV card into a card reader to be authorized. The technology, though different from what many are used to, is much more secure and offers added protection against fraudulent charges and identity theft. Many members have already received the cards, and our transition to EMV should be completed by the end of the first quarter in 2016.George Orwell once wrote “If you want a picture of the future, imagine a boot stamping on a human face—forever.”While the forces pushing for centralization of power have been prevailing for decades, they haven’t won a total victory yet. Technologies that empower the individual and that tend toward decentralization—including the Internet, encryption, 3D printing, and cryptocurrencies—offer a powerful ray of hope, reasons to be optimistic about the future.One way they are waging the War on Cash is to lower the threshold at which reporting a cash transaction is mandatory or at which paying in cash is simply illegal.  In just the last few years… Italy made cash transactions over €1,000 illegal;Switzerland has proposed banning cash payments in excess of 100,000 francs;Russia banned cash transactions over $10,000;Spain banned cash transactions over €2,500;Mexico made cash payments of more than 200,000 pesos illegal;Uruguay banned cash transactions over $5,000; andFrance made cash transactions over €1,000 illegal, down from the previous limit of €3,000.Become a supporter of this podcast: https://www.spreaker.com/podcast/o-ye-drybones-archive--6500709/support.