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CBDC Debate Heats Up: BIS Project Sparks Controversy Among Critics; Lynette Zang Warns of Dangers of CBDCs
16.4.2023
During the weekend, discussions about central bank digital currencies, or CBDCs, trended on social media as many people believe the idea will result in increased financial surveillance and a totalitarian monetary system. In a recent interview, Lynette Zang, the chief market analyst at ITM Trading...
Australian 'Big 4' bank ANZ halts cash withdrawals from many branches
31.3.2023
The move comes as Australians continue to reduce their usage of cash and bank branches, but has sparked fears that the death of cash is near
Crypto is the next step toward a cashless society
13.6.2021
It will take some time for consumers to warm up to crypto, but education is the key to its mass adoption
Charities, Buskers & Beggars Aren’t Feeling So Festive In Cashless Society
18.12.2020
Source: Adobe/bruno135_406
Spencer M. Ross, Assistant Professor of Marketing, University of Massachusetts Lowell. Sommer Kapitan, Senior Lecturer in Marketing, Auckland University of Technology.
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Collectors for the Paralympic Games carried donation buckets ahead of the recent Santa parade...
Dispelling the Myth That Bitcoin Proponents Want a Cashless Society
2.8.2020
Bitcoin and a great number of other cryptocurrencies are electronic versions of currency. Many people falsely assume that crypto proponents are for a cashless society and this is certainly not the case. If we removed the central banks’ printing fiasco and the inflationary practices from cash...
Shelter-in-Place for Cash? 2 Bills Submitted by US Congress Mention ‘Digital Dollars’
24.3.2020
During the last few days, members of the U.S. Congress have been trying to pen a stimulus plan to help the American economy. Since then, a few bills have been submitted by representatives and two particular proposals House democrats have tabled talk about a “digital dollar”...
Tech Development, Investments and NFT to Drive Crypto Adoption in 2020
25.12.2019
The popularity of cryptocurrencies has grown in leaps and bounds over the past decade. However, these three global trends could take crypto even further into the mainstream in 2020
Global Trend Against Cash Intensifies as China Joins the Squeeze
16.11.2019
For various reasons, a growing number of nations are experiencing the rapid development of cashless society. Paper money may become extinct in some countries in the not-so-distant future. Prompted by the spread of private and decentralized cryptocurrencies and the threat of losing control over...
The Push to Kill Cash – Australia’s Proposed Ban Shows It’s Not Conspiracy Theory
23.8.2019
The supposed coordination of governments and tech companies to create a one-world, cashless society is often viewed as little more than fodder for silly Youtube conspiracy videos. After all, cash is still king in daily life, even in extremely high-tech, innovative societies like Japan. Upon closer...