Didn’t know this guy was still making videos. And now wants also to get rid of nickels.
Waiting for his death to cash video.
Disagree with that, we shouldn’t get rid of cash, just shift the values upward a bit. I am British so for us probably drop 1/2/5p coins, actually use the £50 note and introduce a £100 note as well. Maybe switch £5 notes to coins.
Getting rid of paper money sounds good on paper😏, but it’s genuinely a terrible Idea, It allows the government to track every single dollar you spend, right down to your totally legal weed your definitely smoking in Colorado. It would give the US government the surveillance capabilities of visa, Google and Facebook combined. Which is why I’m surprised it hasn’t happened yet, the only thing I can think of is it would weaken the dollar to other countries, the US could just turn off an entire country organization or individual’s entire economy, China and any country remotely hostile would immediately dump the dollar.
Not only that, electronic money is dependent of internet connection. If right now an internet outage of a few minutes is pure chaos in most retail, imagine not having something to fallback on a longer outage.
Oh you sweet sweet child. The government has complete control over Visa/MasterCard already. If they tell them to shut someone off they do. They also have complete access to what everyone buys.
This all happened a long time ago.
But they don’t have complete visibility over what you do with cash, which is exactly their point right?
