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Tag: Cashless Society

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...

No Cash Accepted

Businesses are increasingly preventing customers from using cash as NO CASH ACCEPTED signs line Main Street. No federal law requires businesses to accept cash, but...

The Truth About Bitcoin and Cryptocurrencies – An Unpopular Analysis

“Could governments seize bitcoin?” That is a common question, and much to the dismay of many, my opinion does not match the typical analysis. I have lost...

Britons Urged to Prepare for Cyber Attack or Power Grid Failure

  Deputy Prime Minister Oliver Dowden has urged Britons to stockpile batteries, candles, torches, and radios to prepare for a possible cyber attack or power...

IRS Pauses $600+ Transaction Audits

Within the American Rescue Plan was a piece of legislation requiring Americans to report any transactions they made over $600. The most recent budget negotiation...