The Money Podcast What Is Your Opinion On Cashless Societies?
Rob warns of the dangers a cashless society could present to society. He talks about the risks with centralised digital currency, what it means for our freedom and how inflation and big corps are already stealing your money without you realising. Kane and Rob live check some of these companies, including Tesco, to prove just how much corruption there is. Rob also gives his thoughts on how governments and taxes could be managed differently and his thoughts on Donald Trump running again for office.
KEY TAKEAWAYS
- Cash provides privacy and freedom centralised digital currencies offer no privacy which means you can be controlled.
- Think about what it would mean for cash to be completely eradicated, who in society would that impact the most and what control does it give governments and companies?
- Black Rock are the biggest fund in the world, they are the biggest controller of money, they are also the biggest shareholder of Tesco, who has stopped cash in some of its cafés already.
- Pure shareholder profit is one of the things driving this change, as a society we need to look at purpose as well as profit as a metric for businesses.
- If a business knowingly trades insolvently it's illegal but the government can do this for decades.
- Rob believes in privatisation, completion, merit and award, and more than anything, accountability and penalties for poor performance.
- Inflation isn't a natural consequence of money. It's caused by the actions of governments and is essentially made up!
BEST MOMENTS
“It is the next apocalypse”
“Cash is privacy, cash is freedom”
“You can no longer pay for cash in 40 Tesco cafes”
“Cashless society is a move to control you, to survey you”
“Follow the money, follow the motive”
"How can anything owned by the government become net positive"
VALUABLE RESOURCES
bit.ly/Robsupporter
ABOUT THE HOST
Rob Moore is an author of 9 business books, 5 UK bestsellers, holds 3 world records for public speaking, entrepreneur, property investor, and property educator. Author of the global bestseller “Life Leverage” Host of UK’s No.1 business podcast “The Disruptive Entrepreneur”
“If you don't risk anything, you risk everything”
CONTACT METHOD
Rob’s official website: https://robmoore.com/
Facebook: https://www.facebook.com/robmooreprogressive/?ref=br_rs
LinkedIn: https://uk.linkedin.com/in/robmoore1979
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