Posts tagged with: Cashless Society

All right, so today we are talking about a fourth great monetary shock that’s on its way like I said three in the last century....
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In 2017, Sweden’s central bank, the Riksbank, announced they were testing out a cashless society with their E-krona pilot program. Testing out a central bank digital currency (CBDC), which is what they call a “safe and efficient payment system,” came as no...
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If you don’t run a business or deal with coins on a regular basis, you may not even know that it is happening…...
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Many people are warming up to the idea of digital currency in a cashless society due to coronavirus because going touch free is cleaner than cash. Many businesses are already moving to make digital currency the only form of transaction...
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As the markets continue to drop and the U.S. looks to Congress for agreement on a massive stimulus package to save the economy from impacts of the coronavirus pandemic, the newest offer by House Democrats includes a very forward-looking kind...
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Freezing cross-province transfers and replacing $86 billion in paper yuan is only consolidating a process of surveillance where Beijing can monitor all transactions....
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Rumors are swirling that the Federal Reserve plans to announce an initiative to digitize the US dollar, according to Anthony Pompliano, co-founder of the blockchain venture capital fund Morgan Creek Digital....
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Central banks and governments want ban cash…now YOU’LL DISCOVER WHY, SO YOU CAN PREPARE!...
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Since the turn of the millennium there have been two global bank credit crises: the first was the deflation of the dot-com bubble in 2001–2, and the second the 2008–9 financial crisis that wiped out Lehman Brothers. It was clear...
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A fundamental pillar of true free markets is the existence of choice; the availability of options from production to providers to purchase mechanisms without interference from governments or corporate monopolies. Choice means competition, and competition drives progress. Choice can also...
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