According to DNB, only 16 percent of the money we use consists of coins and banknotes. This decreased further during the coronacrisis; people are asked to pay their debit card because of hygiene. As a result, payments are becoming increasingly dependent on private institutions.

If you rely on three commercial banks for vital money infrastructure, that's very vulnerable. Insitively, our cashless money is risk-free. But there's a risk in it. It's basically a credit you have with your bank.” We saw how that could go wrong in 2008 to 2012. We were on the brink of the financial abyss.

In 2008, the European financial system almost collapsed. Through the Fortis/ABNAMRO rescue operation, European leaders from then take us to the seven most exciting days of 2008.

There is therefore an entrepreneurial risk on the part of the bank. For an individual, this may not make such a big difference, the government guarantees savings of up to 100,000 euros. Banks can lend out our euros in multiple times.Up to twenty times in the Netherlands with all the risocos.It creates high private debts and fraud.

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An account with DNB offers citizens an additional option. In addition, it will discipline the other banks. The DNB account would have no interest. Faster expects this to avoid negative interest rates on deposit accounts with commercial banks. The DNB account will encourage banks to maintain higher buffers. Faster: “Banks want to show that they are safe. It leads to less high debt growth, less systemic risk, an upward spiral.

Trust in commercial banks becomes a choice rather than an obligation.

Our Money wants a different monetary system and does not want cash to disappear.
Our Money is a movement of people involved in the pursuit of reform of the money system. Together we are campaigning for a fair money system that is stable, serviceable and democratic. We're politically neutral. We lobby all relevant institutions and work together with like-minded people and organisations both nationally and internationally. Help us increase knowledge and awareness and promote public debate on monetary reform. So that there is a serving and socially responsible money system.

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5 comments
Contant geld moet blijven bestaan!
Er mee eens dat contant geld moet blijven.
Contant geld zou moeten blijven bestaan vind ik, anders krijgen de banken alleen nog maar meer en meer macht over ons geld, waarvan ze bijna laten uitschijnen dat het hun geld is.
Ik vind dat contant geld moet blijven. Kinderen en grote groepen volwassenen blijken grote moeite te hebben met inzicht in hun financieel handelen wanneer dat helemaal via cards, automatische afschrijvingen, etc. verloopt. Overigens is de verwerking van... Show more
Ik hoop wel dat het geld blijft bestaan. Anders moeten we allemaal aan de #origami ! 🤣