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YNET: Shekel bills depicting poetesses to enter circulation
New bills bearing likeness of Leah Goldberg on NIS 100 bill and Rachel the Poetess on NIS 20 bill to enter circulation after adjustment and calibration period for banks, businesses concludes; experts say bills would likely be last issued by government before total switch to digital currencies, credit cards.
Gad Lior: 13.10.17
Two new shekel bills in the Bank of Israel's poets' series will be entering circulation in the coming weeks, depicting poetesses Rachel (Bluwstein) and Leah Goldberg.
The new bills will be in denominations of NIS 20 (Rachel) and NIS 100 (Goldberg), joining the two bills from the series already on the market: a NIS 50 bill issued in September 2014 featuring Shaul Tchernichovsky and an NIS 200 bill issued in December 2015 featuring Nathan Alterman.
(blah, blah, blah...)
Economic officials have estimated this would be the last series of paper bills issued in Israel, as paper money is only changed once every few decades, as has been the case in this instance, and in 10-20 years payments are more likely to be made using smart phones, computers and credit cards, all but nullifying the need for cash.
Esser Agaroth (2¢):
So, was I the only one who noticed that a mainstream news source actually reported what only a few of us have been thinking?
Does anyone even care about the impending doom of cash? Or that these notes aren't even worth the plastic they are made out of?
Nope. Probably not.
You all just think about the wonderful "convenience" of the technological advances that the powers that be are providing you, right?
Is Sari Raz A Racist? Or Is She Just Stupid?
The "Unbreakable" New Israeli Shekel
The government has a committee to take away cash so it is no mystery. It is a mystery to me in the same way it is a mystry that people rush to get a new biometric ID
People love simple things even if it is harmful to them.
I guess control of money means ultimate control of people.
So, Esser...what will happen when electricity ceases to work all over the country? If our money becomes nothing but electrons sent over electric wire, or even wirelessly, and our electric grid gets taken down, by whatever means, poof! There goes our money as well.
Recent events in Puerto Rico are our warning and our example.
Shabbath shalom umevorakh!
You are absolutely right to point this out. It is a question I often ask about crypto-currencies like BitCoin. In theory they're a great idea, but what happens when (not if) the grid goes down??
I keep telling friends who save silver or other precious metals or stones that you can't eat silver either.
See Prepping for more related pieces.
I read your entire Prepping category, Esser. Thank you. It reminded me to remind my husband to get us a gas balloon for the winter - he hates gas cooking and heating because of its explosive nature, but he promised me he's going to compromise by getting a propane tank to put under our stovetop. We will only use it if the electricity goes out in the building. We rent, too.
Reginald, thanks for the link and information.
I would be careful. Check to see if your propane is safe for use indoors, even with ventilation.
Also, I have heard (need confirmation) that Israel no longer allows sales of indoor gas heaters, and that outdoor gas heaters are not safe for indoors.
My landlady does not allow gas, which I prefer. This means I need to store up food that does not require cooking. I may get a gas balloon, store it outside, and cook in the courtyard of the building.
There is also the risk of desperate people stealing gas balloons. Notice the locks on neighbors’ balloons.
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