Skip to content

Tag: Cashless Society

Bank Branches are the Latest Creative Destruction Casualty

Over 8,000 bank branches are expected to close worldwide in 2025. Approximately 3,200 of those closures will take place in the United States. Q1 experienced 148 net...

Cash Accepted Here – Payment Choice Act

Senators Kevin Cramer (R-ND) and John Fetterman (D-PA) have introduced bipartisan legislation, the Payment Choice Act, which would require businesses to accept cash...

CBDC Anti-Surveillance State Act and the CLARITY Act

I just signed the landmark legislation passed today by House Republicans to strengthen American crypto innovation. The CLARITY Act, GENIUS Act, and Anti-CBDC...

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...