The Death of Cash is Here 😳

So the death of cash is coming. Maybe even the death of cash is here. I believe we are at the start of the end of cash as we know it. Now, this is very scary for many people, but this is actually a normal evolution of money, and I'm going to share with you the evolution of money, the death of cash, and what it means. Now, Ray Dalio, a famous US billionaire, and my friend Grant Cardone would always say, 'Cash is trash, cash is trash.' And I used to think, 'Uh, that's just rhyming, it's just a little bit over the top.' But right now inflation is double digits. It's 9, 10, 11% plus. Then we have the soaring cost of fuel, energy, gas, electric, food, and material costs. Then we have a huge increase in taxation. Then we have a huge increase in the quantitative easing and the printing of money and devaluing money and making money worthless. Then we have the government's desire to get rid of cash so they can tax you digitally and electronically at source and control you on the internet. Now look, I'm not a doom monger and I'm not a conspiracy theorist, but I've just got to say I'm seeing more and more evidence that we are in a revolution of money, not just an evolution of money. But a revolution of money. Now, money always evolves over time. It used to be Atlas stones, stones at the bottom of the sea. It used to be in prisons, it would be sardines or cigarettes. It used to be barter, used to be precious metals. So money has always changed form. So don't be surprised and don't be scared. Darren has said scary times. It's scary if you're a drug dealer. The last thing a drug dealer wants is the death of cash. It's scary if you aren't able to offset taxes and expenses and you're an employee and you're taxed at source. But it's actually opportunistic for entrepreneurs and innovators. Now, Scott's just said here, this is why Bitcoin came along. This is a good point. We, we have cryptos and NFTs and digital currencies as disruptors against fiat currency. Fiat currency has no value. It's based on trust. It's not backed by anything. There is no gold standard. And so the government could start to control the way your money is managed more. It really scared me when the Canadian government passed a law giving them the power to infiltrate people's banks and take money from them if they were involved in the trucking protests. So there are going to be massive downsides to the death of cash, but there are also going to be big upsides. This is real, this is coming, and this is happening. So I'm going to share with you probably 10 new rules of money, and also I'm going to give you some opportunities and some things to take action on. Because some people have been saying, oh Rob, your videos are getting a bit doomsday and they're a bit depressing. No, no, no, no, no, I am a purveyor of reality. I believe you don't hide your— hide and hold your head in the sand. I believe you face reality, you see what's really going on, And yes, there's some downsides to it. Get freaking real about those downsides and then look for solutions and then look for opportunities. So this is just me being a realist. Oh, actually, I am also an optimist. Before I go into the new rules of money, the death of cash, and an opportunity, I want to make sure I'm helping as many people as possible. We are in a cost of living crisis. Your cost of living is up more than 20% since the start of the lockdown. The government are not going to save you. Taxes are going up, quantitative easing is going up, the, the spending power of money is going down. The spending power of money is the lowest since the Second World War, and this is real. So if you write toolkit in the comments, I'm going to give you some money resources as a gift from me. It will be no charge, and I'm going to give you a weekly update on getting better financial education and knowledge. So simply write toolkit in the comments. I'll do my best to reply to you all and share with you the link. It won't cost you anything. You won't get sold anything. I'm going to give you 30 to 35 ways to save up to half your salary in expenses. I'm going to give you ways to start a business, scale a business. I'm going to be giving you ways to create multiple streams of recurring income, build digital assets, create side hustles, extra income streams, passive recurring income. I'm going to give you about 5 different written PDF new reports from me, instantly downloadable, and 2 digital online courses on the evolution and revolution of money and recurring income. So write toolkit in the comments and I'll spend the next day or 2 replying to you all, giving you, uh, the link to those free resources. The reason I'm doing this is because people are struggling in this cost of living crisis. The cost of um, your lifestyle is soaring. And my mission is to help as many people on this planet start and scale their business and get better financial knowledge. So toolkit, not talk it, toolkit. All right, cool. Also, could you please hit the share button? We need to warn as many people as possible as to what is really going on. We need to get real about what is really going on, and I want to help people with solutions. So if you wouldn't mind just hitting the share button Um, right now, because I'm about to go into the solutions and what's really going on. Um, and, um, look, you know, a lot of people are struggling and they need help and they don't know what to do, and I'm here to help. Okay, so money evolves over time. It always has and it always will. So don't be surprised that cash is being evolved out of use, because as soon as something better comes along than cash it will through evolution be replaced. So, um, you know, if you think about it, currency or money was a better solution than barter. And if you think about it, physical and precious metals were a good store of value, but money became less— it— even though people don't like fiat currency, not, not all, but some, and they don't think it's worth anything because it's not under a gold standard It's a faster, easier, and more frictionless exchange of value than having gold bars, which aren't very divisible. So, you know, they're not very— you know, in money you can have a penny or a €500 note, but in gold you can't break it down into small enough parts. So, you know, whilst gold is more valuable, money is more efficient and effective. Well, cash. Cash is a form of money. So money is evolving, and I believe we're either at the start of the end of cash Or maybe the death of cash is here now. So let's look at some new rules of money. Number 1: Cash is trash. Cash is being eaten by inflation, quantitative easing, and soaring costs of living. The governments don't want you to have it. They're gonna recall it. They don't want to get it off all the drug dealers. They want to be able to control the flow of money. So cash is trash. So what you need to do, number 2, is as soon as you save any money, you need to get it out of cash and into investments. You need to build assets. You need to protect your cash from inflation, protect your cash from schemes and scams and security hacks, protect your cash from the banks who'll pay you no interest. And you need to invest. You need to learn how to invest, invest in physical assets, in digital assets, etc. Now I've got about 8 more quick points I'm going to cover. I'll try and do it concisely but in a detailed, um, way. But first, I just announced yesterday I am going to share a 7-part deep dive series, a video training series on how to invest, because I've been saying to people, you can't save cash, you've got to invest, you've got to get it out of the system, you've got to protect it from inflation, etc. But people have been saying to me, hundreds of comments on my videos, you can see them, how do I invest? What do I invest in? Where do I start? What if I haven't got much money? And they've been asking me all these questions. So here's what I'm going to do for you. I am going to give you access to the 7-part, probably I'd say 45 minutes to an hour per module, so in detail, how to invest series, which would probably be a $1,000 course were it sold separately. But if you join right now at rob.team— R-O-B, Rob, my name— R-O-B dot T-E-A-M. If you join right now, open an internet browser, type in rob.team. If you go and join right now, I'm going to give you access to the 7-part, probably in 6 or 7 hour deep dive course called How to Invest completely for free. This would be a $1,000 online course, but if you join right now, rob.team— R-O-B dot T-E-A-M— you need to open a browser and just type in rob.team. I'm going to give you access to the How to Invest series completely for free. It's going live in a couple of days' time, so go and join right now. I'll give you a moment to do that because I only actually decided this yesterday, and I've done this through demand. I actually wrote this course with my business partner Mark Homer. We did a module on how to invest, um, as a sort of a general concept and knowing the rules of investment. Then we did how to invest $100, $500, $1,000, $5,000, $10,000, $50,000, $100,000, $500,000, $1 million, and we did a whole series on it. And you can gain access to it completely for free. @rob.team. R-O-B dot T-E-A-M. Go do that now, um, and I'm going to give you, um, the rest of the, the content and also engage in a couple of the comments. So Darren says investments are always a gamble. They're not always a gamble. They're a gamble if you don't know how to invest and you don't know in the asset class. Um, actually, investments, if you do your research, are much safer than cash. Much safer. Um, investment in gold is not a gamble at all. It's probably the safest place to keep your money. So Darren, that's just a lack of your own understanding and knowledge. Now, if people make speculations, that's a gamble, or they gamble, that's a gamble. But you need to know how to invest and what to invest in. Invest in a well-managed fund in the stock market, it's not a gamble. Invest in real estate, it's not a gamble. But it is a gamble, Darren, if you don't know what you're doing, which is why I've— I'm announcing the brand new How to Invest series. At rob.team, R-O-B dot T-E-A-M, so that we can make it safe and secure and not a risk for people. Go and just open a browser and join that. Right, I can see a lot of you going to that, by the way, because I see the numbers on the live. Um, okay, so cash is trash. Get rid of cash, put it into investments. It's not safe in the banks. Number 2, so many people are saying, oh, you need to save costs. You can't save your way out of this cost of living crisis. Before— since before the lockdown, your spending power, I believe, is 20 to 25% less than it was. Most people haven't got 25% of disposable income just to save, so you can't save your way out of this crisis. You have to invest your way out of this crisis, earn your way out of this crisis, make extra income streams, multiple streams of recurring income, digital assets, etc. And that's why I'm inviting people to join rob.team, because on rob.team I will teach you how to create multiple streams of recurring income, digital assets, how to create money through, you know, side hustles or starting your own business, how to generate income from digital assets, um, that are virtually free to set up, very quick to set up, and easy to set up, say compared to physical assets, to give you community access to thousands of people, to monetize your personal brand and social media and digital assets like domain names or cryptos, um, you know, social media channels, podcasts, YouTube channels, all of which— okay, cryptos cost money to invest, but all of the others are just a time investment rather than a monetary investment. So if you like access to all of that kind of content um, just for the cost of a cup of coffee per month. By the way, you can cancel at any time. It's not free because free advice is worth every penny, but when you pay, you pay attention. I can see some people are commenting that they've joined. So if you just go to rob.team, open a browser now, go and do it. You can gain access to all of those information and resources for just a fiver a month, the cost of a large coffee, and you can cancel at anytime. Okay, the next thing I want to share with you is that cash is not king. You know, they say cash is king. Well, cash is now trash. Inflation is killing it. Quantitative easing is killing it. Soar of cost of living are killing it. Banks aren't guaranteeing it. There's no interest on it. So if cash is not king, can you guess what is king? So have a, um, a little go in the comments. If cash is not king, what is king? Let's see what you say. I might give a little prize to anyone who can get it right. I'm going to tell you in a minute. So by the way, just while we're doing this, just make sure you go and join rob.team. People ask me, what's the link? They get the link wrong, they don't know how to join. You just open a new browser, do it now, and you type in R-O-B, Rob, dot T-E-A-N. So go and do that before I finish this video. In fact, you know what, I'm going to finish in a minute and I'm going to do a part 2 because I've got another 6 or 7 points. So, okay, if cash is not king, what is? Income. Oh, someone just put it! Income is king, not cash. Cash gets devalued, cash gets spent, cash gets wasted, cash gets stolen, cash gets hacked, cash gets, you know, taken in tax, taken in quantitative easing and inflation and soaring cost of living. So income is king. Income is money that comes in every month passively and recurring from assets. And when you spend it, the asset churns it out again. You spend it, the asset churns it out again. So you need to take your cash, or any cash or resources of time, and you just get rid of it in savings and put it into assets and have the assets produce the income. Cash is not king. Income is king. So what I'm going to do is I'm going to do a part 2 on the death of cash. Because I have to cover, um, how money is moving into different places, the evolution of money, why you must have multiple streams of income, you must make money while you sleep, you must have digital assets, you must leverage the internet and information. And I'm going to finish on this point: there are more millionaires made in a recession than at any other time in the history of the cycles. So let me ask you this: do you think a correction is coming? A recession is coming, or a depression is coming. Correction, recession, or depression. Because here's what I'm going to tell you, and this is the upside opportunity: the bigger the correction, recession, or depression— the crash— the bigger the crash, the bigger the opportunity. Because the old-school, out-of-date business models will be wiped out. Maybe it's the high street, maybe it's retail, maybe it's physical business, who knows? But the old ways of doing business will get out-evolved of society. It always happens, by the way. Happens with animals and species and with the dinosaurs. It always happens that the outdated and the no longer useful get evolved out of society. And with a recession, a depression, or a crash, this is going to happen. But there are going to be brand new opportunities for new, innovative, and disruptive ways of making money. Of creating business, of creating value, and of making income. And I'm going to share with you many of those opportunities on my daily lives on money and combating and beating the cost of living crisis. So cash is trash, and the death of cash is here. Someone has just said income is taxed. Yeah, it is, but it keeps coming in and keeps coming in and keeps coming in, keeps coming in, keeps coming in. And by the way, there are ways of reducing tax from income. If you draw it as income, it's taxed. But I don't just define income as drawn income. I define income as recurring from assets. They can go into company structures, and you can offset some expenses and offset some taxes against the assets that produce the income. You just have to be in the know-how to do all this stuff, and that's why I'm inviting you to join Rob Moore. Team. So go now, open a browser, type in rob.team. I'll give you access to this brand new $1,000 course called How to Invest, a 7-part series whether you've got nothing or the different stages of investment, what to invest in, how to invest. I'm also going to give you access to courses on making money and saving money, creating recurring and digital income, multiple streams of income, passive income. Warren Buffett said if you don't make money while you sleep, you will be working until you die. And that is— today that is more relevant than ever. I'm also going to give you access to a 1-day social media monetization masterclass. I monetize 21 different social media channels and I make 6 figures a month in income just from social media with no ads. And I'm going to teach you even if you don't have a following yet, how to monetize social media in a deep dive, 1-day course, $500 course. I'll be selling that after, uh, for up to $500. But if you join rob.team, R-O-B dot T-E-A-M, you're going to get that course completely for free. But that is a first come, first serve. I'm looking for 200 people on that, and I have about thousands of rob.team members. So go and join right now. Once you've joined, hit the share button because we need to get this information out to the masses because the masses don't know this and the masses are going to get decimated. You know that there's going to be blood on the streets. You know that. And for people on the, the, um, the breadline, it's hard and it's not fair. And I want to help people, and that's why I do content like this. So thanks for tuning in. If you don't risk anything, you risk everything. And I'll see you in Rob.team. There's 3 years worth of, I don't know, dozens of masterclasses and content going back years, um, and I update the content every Thursday. Have a WhatsApp group, there's thousands of us in rob.team, so you've got the disruptive community committed to opportunity in disruptive times. So open a browser now, type in rob.team, and I'll see you on the inside. Remember, cash is dying. Cash is trash. You can't save your way out of this cost of living crisis. You can only invest your way out of it or earn your way out of it. Cash is no longer king. Income is king. And money is evolving fast. And I'm going to do more content on this every single day. So thanks for supporting me. Thanks for following my work. And I'll see you in the next video. And I'll see you in Rob.team. R-O-B dot T-E-A-M. Go open a browser right now and join. Cost of a large coffee per month. That's it. I have 62 of them a month. You can cancel anytime. You can go in, nick all the content, and cancel even if just a fiver a month is difficult for you. Thanks for tuning in.