Cashless Society: Why You Should Be Very Concerned

Cash is dying and banks want you broke and controlled. Cash is now down to just 9% of all UK payments. The banks are profiting trillions while they're planning programmable, by the way, CBDC money. It can expire and it can freeze your money. So I'm going to expose the real reason behind the cashless society push that is happening by the banks and the governments. Now, if you control the money, you control the world. And right now, the system is tricking you into handing over full control of your wealth for the price of convenience, to just conveniently tap without thinking about what's really going on. Now, the reason I know all this is because I'm the author of the global best-selling book, Money. It was a 10-year research project. I also wrote the book Money Matrix, which was an exposé of how the banks and the governments control your money. And I had to depublish that book because of some mild threats. So I have personal experience. I also own over 380 property units. And I've done over £250 million in sales in the last two decades. Plus, I do have some very powerful political friends in very high positions who've informed me of this cashless society, what they call nightmare. And it's not a question of if, it's a question of when. So make no mistake, cash is being phased out. Let me quote: Cash payments are now just 9% of all UK payments down from 12% just last year. 6,700 bank branches have closed in the UK last year. And as you know, many high streets are now saying card only, contactless only. Withdrawal limits are limiting and tightening. High street corporations are refusing to take cash. Of course, they're giving you reasons which really sound like excuses, like it's convenient for you or easy. And many of society are cheering this on because they just think it's easy and convenient. But what about the millions of people who don't have the internet? What are they going to do? What about the millions of people who budget in cash? What about the businesses that take cash? So who is this cashless society actually easy for? Now, I used to think that the future cashless society was for control of the population, limiting and restricting your freedom of what you can buy, what you can invest in, and where you can go. But I believe it's something even more sinister and actually pretty obvious when you think about the banks and their motives. It's simply a question of how the banks profit. So here's what the banks don't want you to understand. The banks take 2% or 3% or sometimes even 5% when you transact. And actually, these transactions are a way for the banks to generate tax and the banks to generate profit. I'm often in London in, in taxis. The taxi drivers recognize me a lot, and one of the taxi drivers said that they are not allowed to put signs up anymore that they take cash. TFL London potentially will take away their rights and their license, and they're charged 5% transaction fees when you buy, when you sell, when you exchange. So they're making money on multiple times, sometimes on a single transaction. Now, if you give a £50 note to a butcher who then buys from a baker, who then buys from a candlestick maker, that £50 is worth £50 to the butcher, the baker, the candlestick maker. It will all— £50 will always be worth £50. However, if you pay card, the bank takes 1.53 or 5%. The butcher, the baker, the candlestick maker all have to pay the bank for the privilege of the transactions. And by 50 transactions, the bank has pretty much the whole £50. And this is really what's going on, what the banks want for the cashless society. It's not about convenience. After all, cash is really convenient. How difficult it is just to pay cash? It's easy. So don't fall for it. Cash is also freedom, but it's trillions of pounds that the banks can't take from you. Um, it's surveillance that they can't monitor you with. It's control that they can't implement you with. It's tax at source from your bank that they can't take. But also think about this: if We're like, oh, it's convenient, we just tap, we just press, you know, one button, we just— we can buy anything, isn't it amazing? Well, what if the banks decide tomorrow that they want to charge 10% for every transaction instead of 3%? What if they want to whack up inflation digitally and everything that we buy costs so much more money? If all money is digital, what if they want a war? They just take the money out of our banks. And people are sleepwalking into this. Now, the problem is I don't think there's anything you can do about this. It's going to happen. But you can prepare, you can protect, and I'll cover that a bit later. So a central bank digital currency, or a CBDC, is essentially digital programmable money. And I'm going to give you a quote from the Bank of England themselves, because for me This is revealing and shocking. The Bank of England is designing a digital pound that could be programmable, meaning they could make money expire, they could limit what you spend, i.e., on no crypto or no foreign travel, they could freeze your money remotely and digitally. Cash cannot be programmed to switch on and switch off and limit and control. Now, this loose plan from the Bank of England of a digital pound— isn't it funny that they don't want us to use cryptocurrencies but they want to use their own cryptocurrencies? This is already happening. Now, a friend of mine, he knew a very senior person at a major credit card firm, like one of the biggest 3 in the world. You'd know who they are. And he shared with me, and they had an internal senior meeting And this company has a business mandate. They have a vision for the world— get this— to get everyone into debt. That's not a typo. That's an internal meeting where their mission statement is to get everyone into debt. Doesn't really seem like a humanity-focused business mission statement. So think about that for a second. One of, if not the biggest payment processors and credit card companies in the world, which basically makes it one of the biggest controllers of money, and maybe like a bank in the world. Their whole existence is to get you into debt. And one of the easiest ways to control your money is a cashless society. Once cash is gone, every single transaction will flow through the system. Every purchase, every payment, every transaction, and they can cut it off, track it, freeze it. You won't be able to use your cash for anything. You won't be able to use it to tip waiters and waitresses, or for charity donations, or to give gifts. It'll all be gone. So we've been sold a story that cashless society is modern and convenient and fast and clean. But no, it's not about convenience. It's about control, compliance, and profit. For the banks. Now, in a CBDC, a central bank digital currency, banks could create negative interest rates, which means they can charge you for having money in the bank. This cashless world, these central banks, they can basically just on the spot create whatever policy they want, and they could charge you for your own money. By the way, this isn't theory. It's happened in Japan before. It's happened in Europe before, and a cashless society removes any alternatives and any competition. Then you've got the tax and the privacy erosion. No more anonymity, no more privacy for any financial transaction. Your political donations and supports, they'll all be monitored, so you could get debanked like Nigel Farage did just for your political ideologies, and there'll be no privacy for any transactions. Everything will be on record. If an algorithm flags a transaction— maybe you bought something they don't like, or your bank decides it's a risk, or you make a political comment on social media— your money can be frozen. You can be debanked completely. And Nigel Farage pushed back, and he bought us some time. But it may only be a matter of time. None of this is theory because Canada froze— do you remember the, the truckers? They closed and froze their bank accounts in 2022 because they didn't like their political resistance. And banks will have the power to do this under central bank digital currencies or their own form of cryptocurrencies or digital pounds. You might not even be able to pay your mortgage. What if your money is frozen? Now the banks have power to freeze your money for 30 days if kind of like they deem fit. What if you don't have 30 days worth of liquid money? What about if you're not able to run your business? Cash cannot be switched off, cannot be closed, cannot be controlled by an algorithm, cannot be tracked. So cash is freedom. So what about the solutions? I said I'd talk about some solutions. I think there's 3 main things that you can do today. Number 1 is move the majority of your wealth out of these digital assets and illusions and bank accounts into physical reality. Real estate in countries like the UK is good and physical and tangible. Gold and silver, classic cars, high-end watches, maybe Bitcoin, although always do your own research. These can't be externally or digitally controlled yet. Gold and silver and anything physical that goes up in value, that is the best way to decentralize away from banks and central digital currencies and pounds. Number 2: keep a minimum amount of money from the banking system. Now look, banks still have good functions. You can still borrow money from the banks for assets rather than liabilities. Obviously some payments are very quick. You are protected from some scams. So I'm not saying that bank doesn't have a use, but make sure you use the banks rather than the banks use you. And the best way to do this is to just keep minimum amounts in there. I remember 20 years ago, my goal was to build up 2 years of working capital cash flow in the bank for safety and security. Now I'm near a 2 months or 3 months, and I want my money working for me more than me having to work for my money. And I don't want the banks earning a load of money on my money and me not earning a load of money on my money, and then potentially reversing it and freezing it and doing what they want with it. So again, property, precious metals, you know, maybe something like Bitcoin, physical assets. Even the stock market, I think, is probably, um, I believe it's probably a bit safer than a bank account because you might be spread over the S&P 500 or the FTSE 100 rather than one central bank or high street bank. And then the third thing you can do is increase your income faster than inflation. Your earnings must beat inflation, which for me, minimum 5%. If it's 5%, your money's probably not going up. Historically, over the last few decades, inflation's been about 4.5%. The interest that the banks pass on to you, because that's different from how much the interest rate is, is nearer 2.5%. So you're losing money at 2% or more per year just leaving it in the bank. So the golden rule of wealth building is you must make more than inflation. Gold and silver and property, real estate, you know, businesses that are well managed, these beat inflation. You can put up the prices, you can put up the rents. Now don't misunderstand me, this is not doom and gloom, this is clarity and reality. If it doesn't end up happening or it takes many decades, well, then at least you were ready. Protect the downside first. I don't believe this is a conspiracy. I do think it's happening, and I want you to be prepared for the worst so then you can make out for the best. Another thing I think is really important is I think you should support small business. Small business is 55% of the economy, and they're real honest people. So support small business and use cash wherever you can. And if the place won't take cash, go somewhere else and use it. Because if we all used cash and we all resisted these big corporations that don't use cash, then it could slow this change down by decades. So we can make a difference together, because once cash is gone, there is no turning back, and the control shifts to the governments and central banks fully. And permanently. So resist, diversify, protect your wealth, care about cash, support small business to make yourself untouchable. Now, the next best way to become untouchable is to get better education, because the more you learn, the more you earn. And this is why I have my money school. So my money school, which is called Money school is my global online school which teaches you all the things about money that school didn't, to help you make, manage, and multiply money and build multiple streams of recurring income. Costs less than 50p a day. You can cancel anytime. There's no ongoing contract. I spent more on coffee in the last 24 hours than it costs for a month of Money School membership. There's a whole 18-hour series on how the money system works and how you can build the Beat the Money System, a lot of it taken from my cancelled, depublished book Money Matrix, which they're now trying to sell for £500 on eBay. I see that book going for £250, £300, and £500. And you can join Money.School, cancel anytime, no ongoing contract, for about 50p a day. So the link to join is Money.School. Remember to invest for freedom, choice, and profit. Remember to use cash because cash is freedom. And if you don't risk anything, you risk everything.