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Tag: Cashless Society

Nordic Countries Lead Cashless Revolution

Nordic nations have been leading the cashless society revolution. Masked as a manner of efficiency, digital transactions are not demanded by governments globally as...

Spain Limits Cash Withdrawals

  Withdrawing large sums in cash is no longer possible in Spain without the government’s approval. Those withdrawing €3,000 or more must notify Spain’s...

Ending Penny Production

President Donald Trump directed the Treasury Department to cease minting pennies. The penny has been circulating for 233 years, first established in 1792. Trump has...

Why I Do Not Trust Safety Deposit Boxes

I have said numerous times that your personal belongings are at risk in safety deposit boxes. The Fourth Amendment was intended to protect Americans from illegal...

Canada Halts Digital Loonie

Over 130 nations are attempting to create a digital currency as we move toward a cashless society. I recently explained how Australia is prioritizing a wholesale...

Australia Prioritizing the Creation of a Wholesale CBDC

Speech by Brad Jones, Assistant Governor (Financial System), at the Intersekt Conference in Melbourne – 'Financial Innovation and the Future of CBDC in...

IMF Digital Currency to Replace the Dollar

  Years ago, when I wrote that Bitcoin was created by the NSA, some Bitcoiners attacked me and insisted that Satoshi Nakamoto was the creator of Bitcoin.  Yet...

Over Half of New IRS Audits Targeted the Middle Class

Washington’s reckless spending comes with a cost to US taxpayers. While the fed may simply roll over their debt and issue new debt to pay off the old, the...

Beware of 2025

QUESTION: Hi Martin, What are you thoughts on holding cash into 2028? You said cash was king, but there would come a time to abandon cash. It seems this CBDC...

Canada to Incorporate Social Scores in Banking

The Canadian banking system is set to be radicalized by open banking framework. Proponents are framing this as a way for banks to easily share information and...

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