The Removal of Physical Cash & Coinage- The Future of Money! episode artwork

EPISODE · Nov 22, 2023 · 6 MIN

The Removal of Physical Cash & Coinage- The Future of Money!

from The SatsMate Stack · host Paul

Hi All, I'm sure many of you have been noticing that we are starting to see a larger and larger reduction in places that accept physical change/cash. While this may not matter to many, I think it is important to look at this and understand why? First and foremost I guess it isn't worth very much. Second, governments and bankers want you to transact digitally as it helps them understand and potentially control behaviors. Lastly, they are trying to pave the way for a central bank digital currency and this is a strong avenue to do that. These are some of my thoughts, but you guys let me know what you think! Best Regards,Support the Channel Here:Bitcoin Buys: https://invite.strike.me/2MSTYGBitcoin Address: bc1q7mahtup2zwnshwjppc5rqxcn0ydg5k5h4j3npth6vtxjdum2c2eqvx53ckFinancial Disclaimer: Nothing stated in this video is a recommendation from SatsMate to buy or sell a particular security or asset class. It would help if you wisely considered your tolerance for risk, time horizon, and financial goals before making an investment. With investing, you risk losing money, always read an investment prospectus and make an informed decision before allocating capital to a particular investment.Youtube: SatsMateX: SatsMateInstagram: SatsMateswebsite: www.satesmate.comSend us Fan MailSupport the showYoutube: SatsMateX: SatsMateInstagram: SatsMateswebsite: https://satsmate.wordpress.com/

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Hi All, I'm sure many of you have been noticing that we are starting to see a larger and larger reduction in places that accept physical change/cash. While this may not matter to many, I think it is important to look at this and understand why? First and foremost I guess it isn't worth very much. Second, governments and bankers want you to transact digitally as it helps them understand and potentially control behaviors. Lastly, they are trying to pave the way for a centra...

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The Removal of Physical Cash & Coinage- The Future of Money!

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