Who Benefits from a Cashless Society?

In today’s video, we talk money and ask: “cui bono?” Who benefits from a cashless society?

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Why is there a coin shortage in the U.S.? https://fortune.com/2020/07/18/why-is-there-a-coin-shortage-in-us-nationwide-how-did-it-happen-when-will-it-end-what-to-know-kroger-walmart-cvs/

Microsoft Patents New Cryptocurrency System Using Body Activity Data https://news.bitcoin.com/microsoft-cryptocurrency-system/

The cashless society is a con – and big finance is behind it | Brett Scott https://www.theguardian.com/commentisfree/2018/jul/19/cashless-society-con-big-finance-banks-closing-atms

Watch out: inflation could be lurking on the other side of the pandemic https://www.marketwatch.com/story/watch-out-inflation-could-be-lurking-on-the-other-side-of-the-pandemic-11595818665?reflink=mw_share_twitter

Cork bids to become the first cashless city in Ireland https://www.irishexaminer.com/news/arid-20362583.html#.XyBXzkGckNB.twitter

In the middle of a coin shortage, U.S. Mint asks Americans to ‘start spending their coins’ https://www.tennessean.com/story/news/2020/07/27/coin-shortage-us-mint-tell-american-spend-coins/5518477002/

Expert: China’s Digital Yuan Will Target the Dollar, Not Bitcoin https://cointelegraph.com/news/expert-chinas-digital-yuan-will-target-the-dollar-not-bitcoin

The US is running out of coins, bringing a Digital Dollar ever closer (via @decryptmedia) https://decrypt.co/36866/the-us-is-running-out-of-coins-bringing-a-digital-dollar-ever-closer

Bank of America CEO: ‘We Want a Cashless Society’ https://fortune.com/2019/06/19/bank-of-america-ceo-cashless/

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All Guest Author Posts are submitted or additional content Wave Chronicle has added to the website. To be a Guest Author please visit our "Post Your Article" page.

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