All posts in " Cashless Society "

Canada to Incorporate Social Scores in Banking

March 14, 2024

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 access user data. The truth of the matter is that this is an opportunity to merge social standings with banking to provide government complete control over our finances. […]

No Cash Accepted

January 29, 2024

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 some states and cities have implemented laws mandating businesses to do so. COVID accelerated the push toward a cashless society, as physical cash was seen as unhygienic. Then the US […]

The Truth About Bitcoin and Cryptocurrencies – An Unpopular Analysis

January 5, 2024

“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 clients due to my honesty regarding crypto. I understand many firmly believe that Bitcoin will one day become the alternative to the USD, but it is unwise to […]

Britons Urged to Prepare for Cyber Attack or Power Grid Failure

December 12, 2023

https://www.armstrongeconomics.com/wp-content/uploads/2021/01/WEF-Cyber-Attack.mp4   Deputy Prime Minister Oliver Dowden has urged Britons to stockpile batteries, candles, torches, and radios to prepare for a possible cyber attack or power grid failure. Dowden claims that the public has become too dependent on electronics and must learn to survive without electricity. The government plans to launch a “resilience academy” to […]

IRS Pauses $600+ Transaction Audits

November 24, 2023

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 eliminated much of the additional funding for the IRS. The Biden Administration wanted to hire 87,000 new IRS agents and claimed they were solely targeting the rich. Not so coincidentally, […]

Former WEF Associate Speaks out on CBDC

October 30, 2023

Economist Professor Richard Werner previously partnered with the World Economic Forum’s Global Leader for Tomorrow program. He has since turned away from the organization and has been speaking out against the Great Reset. I do not agree with him on many topics but I do appreciate him speaking up on this topic. According to Werner, […]

Pix System in Brazil

September 21, 2023

You likely have not heard of the Pix system unless you live in Brazil. Pix is an “instant payment ecosystem” launched on November 16, 2020, by Brazil’s central bank (BCB). Pix primarily works through the use of QR codes that users use to access their digital accounts for payments. The pandemic helped push people to […]

Hard Currencies – Fiat v Legal Tender

August 2, 2023

@absolutegeniux #viralvideo #trending #tiktokviralvideos #viral #trendingvideo #tiktok #tiktokviral #tiktokviralvideo ♬ original sound – AbsoluteGenius A man attempted to purchase strawberries with cash at an Aldi grocery store in the UK, possibly leading to his arrest. They want us to adjust to the cashless society that will implement globally by the World Economic Forum under its […]

Africa’s First Test Run for a CBDC has Failed

May 22, 2023

@tyson_melbourne6 ♬ Epic – DM Production The transition to CBDC in Nigeria did not go as planned. The elites always seek out African nations to use as their test subjects. Nigeria attempted to slowly roll out the program dubbed eNaria built on the Hyperleger Fabric blockchain. The Central Bank of Nigeria (CBN) is solely responsible […]

Republicans Against a Central Bank Digital Currency (CBDC)

March 24, 2023

Republicans are working to prevent the central bank from establishing a digital currency (central bank digital currency or CBDC). Ted Cruz (R-Texas), backed by  Mike Braun (R-Ind.) and Chuck Grassley (R-Iowa), proposed S. 887: “A bill to amend the Federal Reserve Act to prohibit the Federal reserve banks from offering certain products or services directly […]

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