Gold and Silver Bullion Dealer Challenges Me on the Future of Cash 🔥 HOT DEBATE! 🔥
In this video I talk with my gold and silver bullion dealer, Tim Marschner of the Coin & Stamp Shop in Manchester New Hampshire. I know many of you enjoy our weekly dialogue and the banter between the two of us over precious metals, the economy, the federal reserve, president, congress, and economic trouble we're in. I always enjoy visiting his shop to purchase silver and gold and learn volumes from Tim. However, this time things get a little heated. What started out as a simple comment on Central Bank Digital Currency or CBDC turned into a hot debate! A Central Bank Digital Currency would be disastrous. It would be a power grab unlike anything we’ve seen monetarily and spell the end to our fiscal financial privacy. The dangers of a central bank digital currency by our central bank cannot be overstated! But what is the future of cash? Will we one day lose our ability to buy or sell with fiat currency? Listen to my bullion dealer and let me know in the comments whether or not you think there will be acceptance or rejection of a central bank digital currency by the masses.
Tim Marschner
The Coin and Stamp Shop
300 Granite Street
Manchester, NH 03102
(603) 624-4400
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Topics Discussed: silver, silver dealer, cash, bullion dealer, gold, president, congress, China, wall street, stock market, recession, economy, taxes, IRS, banks, regulation, inflation, precious metals, bitcoin, digital currencies, CBDC, privacy, central banks, FED, federal reserve, invest, fiat currency, hedge, debt, wealth, silver stacking, stacking silver, stacking gold, stack silver, stack gold, silver bullion, gold coins, gold bullion, investing, investing in silver, how to invest, how to invest in silver
#Gold #Silver #DigitalCurrency
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MUST WATCH ⏩ kzread.info/dash/bejne/X2Wisat7pZeqidI.html The Four Steps to Central Bank Digital Currency Hell! How Cash gets KILLED starting in 2023.
@davemi00
Жыл бұрын
Jail the Banksters Live Free
@paulr5747
Жыл бұрын
Tim dish receiver went crazy on purpose to reduce his channel count forcing him to upgrade 😂....reminds me of many conversations with my father.
@turokforever007
Жыл бұрын
The UK uses a cashless system, supposed to be 70% of people using it. And if shops stop taking cash, what you're going to do.
@45yt58
Жыл бұрын
Um. FED already announced CBDC will be ready in 2023. Edit: I didn't watch video. I already know.
@lancesudberry209
Жыл бұрын
@@turokforever007 Mexico sounding mo better n better all along that's where 47% silver global comes from
I'm a millennial, I don't use social media, nor have I, do not use cash apps, apple pay or any of that, and I count my wealth in ounces baby!
@michaelsnyder3593
Жыл бұрын
You give me hope for are future cheers 🍻
@YankeeStacking
Жыл бұрын
Nice Scott! You’re in the vast minority.
@Moon-magic109
Жыл бұрын
Good for you . 👍
@good2goskee
Жыл бұрын
Buddy.. you are hope. Please talk sense with your contemporaries.
@MrTrippticket
Жыл бұрын
Maybe it's a bit more normal for Gen X and older, but I'm with you, buddy.
I am a millennial, and I stack gold and silver, and i carry cash on purpose. LOVE this channel!
I love to listening to Tim. He is a patriot. We need more of him.
@philthedrill2244
Жыл бұрын
A patriot and has been around the block. Bright guy.
I went out to a bar the other day and they told me they don’t take cash!! But charge a merchant fee (2.50) for any card used. So I left
@tonyk8369
Жыл бұрын
I went to a tavern, with great food tonight they only take cash no checks or cards and have done well for a long time.
@debkay1160
Жыл бұрын
Good job, I will not do business with someone who doesn’t want cash. If at all possible.
Thumbs up if you think Tim needs his own channel. He’s a legend.
“The desire of gold is not for gold. It is for the means of freedom and benefit” -Ralph Waldo Emerson
Very sincerely hope Tim is right. EVERYTHING government touches it eventually destroys.
@ortundzeit
Жыл бұрын
Goverment all over the world is not able to plan something like this.
@utubecomment21
Жыл бұрын
Have you been living in a cave for the last 60 years? The government doesn't touch anything, because the government is owned by big business.
I wanna have cash too!!!! Backed by gold!!!! Your right Tim!! I wanna keep my transactions private
I’m a 51 yo blue collar worker and I still pay almost everything in cash. When I had a home mortgage I payed it every month in cash to my local bank that held my mortgage until it was paid off. I still pay my house and car insurance in cash to my broker each month. I pay for gas and food in cash each week. I don’t have a ATM card and only one credit card just for emergencies. And no car loans either. Cash is king in my life.
@MC-ht6lw
Жыл бұрын
Me too, only have one debit card, pay for everything in cash and have no bills other than the necessities, and plenty of toys and stacks. 😉
@ggletsplay5041
11 ай бұрын
I am 35. Own my own home outright along with my car. I have 5 oz bar of silver and a bunch of junk silver thanks to this channel. Wish me luck!
I’m from Canada The PM Passed the war measures act on Monday. He locked out lots of accounts and a bank run started Tuesday morning .There was massive line ups and the banks pleaded with the government to end the war measures act . He repealed it weds afternoon.Ther was not one story on any media channels.We will be a test site for digital currency while the USA watches with interest
@steeveomcjameson8673
Жыл бұрын
Scary Shit
@jimmyfortrue3741
Жыл бұрын
Who is Trudeau at war with now? Farmers?
@lovebutton7850
Жыл бұрын
@@jimmyfortrue3741 He's at war with the people of Canada.
@margaretgreen2401
Жыл бұрын
I live in western Canada. Do you mind telling where the bank runs happened?
@catfart879
Жыл бұрын
If that's the case in Canada, I'll take all those maple leafs when they go digital. And when they get rid of their weapons, I'll just go take what I want.
I totally agree with you Tim. Our government is corrupt!
@kwaty
Жыл бұрын
Corrupt is putting it lightly, try the biggest most brutal criminal organisation in human history!
@serenako8748
Жыл бұрын
federal reserve is private bank
Tim is the man with the wisdom.
Never underestimate the power of a “crisis” to accomplish anything they want, including ushering in a currency paradigm shift
@bronsular
Жыл бұрын
Oh and btw Tim, the war has already started
@unlockeduk
Жыл бұрын
very truelook ar 9/11 covid 19 to name 2
@andrewpeterson7633
Жыл бұрын
at least some people have woken up to what is, as to those still asleep the blame lays with them. I know people who still trust the government to look after them, crazy stupid.
@richardrichard9953
Жыл бұрын
That's how they pushed the Patriot act thru
@patrickg3872
Жыл бұрын
In Sri Lanka, W.E.F. policies on farming and gasoline/green tech lead to collapse. Now, to get gas, individuals are issued QR codes and digital allowance to receive their ration at the pump.
A number of my co-workers are under 40 and they do not use cash. Everything they use is digital mostly smart phones. One guy said that he would be willing to have a chip installed in his body if it meant that he didn’t have to carry keys. Freedom doesn’t concern them. Sad and scary.
@YankeeStacking
Жыл бұрын
Nailed my argument perfectly!
@tonyk8369
Жыл бұрын
Yeah me too I have met people with the same mindset. They are all younger than I am but such talk is mind boggling especially in the good Ole USA.
@raykarl2119
Жыл бұрын
I feel sorry for your co=workers, they just they understand what will happen next!
@mepoweme
Жыл бұрын
Mark of the Beats, it is the chip
@johnnysmythe7767
Жыл бұрын
He just doesn’t understand that he will gain a chip but lose his freedom. So sad.
Tim is a gem. He is so clear and realistic. If only people in positions of power were as truthful as him. Thanks.
100% agree with Tim. I think they are aware of our anger and if they can't disarme us they wont be able to do cashless...
@WhoWouldWantThisName
11 ай бұрын
I see this going hand in hand. For example they are trying to limit or eliminate our ability to buy certain goods electronically, such as firearms and ammo. So they can more easily force this onto us if we are disarmed but they are also pushing this in part to speed up the disarmament agenda.
Agree with Tim 100 %.
We need cash! What I do with my money should always be my business ONLY! Government was not established to track the people. Just imagine a natural disaster and the people have no cash, no power, and want to buy food and drink! I am with Tim, and his friends out west. Precious metals are the way to go. All currency should be backed buy gold, silver, and platinum. Globally!
@dogwklr
Жыл бұрын
Wouldn't this give the people with all the cash right now all the gold as well? They could literally make it totally out of others reach forever. If they are swapping from dollar to a gold currency instead of actual gold currency in your hand every day like it used to be. Cash represents labour, energy and effort....the metals are the stored effort and labour....literally. Truly an amazing concept when you think about it. Cash is completely made up because the metals have value in people's mind but are very cumbersome. That's what is holding them back. Weird how numbers on a screen become houses and land that are real things the powerful own. The willingness to exchange your efforts for paper is a sickness if you only ever trust the paper.
I agree with Tim, people still love cold hard cash, especially non precious metals stackers…
@freedomfighter1861
Жыл бұрын
I disagree im with yankee on this one the younger generation will gladly give away their libertys and that goes for “tool” confiscation as well
Went in to see Tim last Saturday and he is by far the coolest guy. Love the shop and the talk.
@SmithsnMoz
Жыл бұрын
Ocho CINCO??
@chadjohnson7544
Жыл бұрын
Haha no. Football isn't my cup of tea!
@YankeeStacking
Жыл бұрын
Totally agree! Tim’s da MAN!
The CBDC's are truly alarming. China has already implemented them at a minimal level and it is complete control of people's finances: When they can transact, who they can transact with and at what level all while being monitored at every step.
@journeyman6752
Жыл бұрын
Same as Israel.
@istvanszabo3229
Жыл бұрын
@A D That's a wonderful news! 🙂👍
My accounting teacher told us in 1971 that we would be a cashless society by 2000. Hearing that from him tells me that the IRS has been pushing for this for a long time.
@brettmajors69karaoke
Жыл бұрын
The Israeli Revenue Service
@buyystocks
Жыл бұрын
I was born in 1963 and in the 1970s .my teacher told me by the year 2000 will be driving around in cars just like the Jetsons.
@fazdoll
Жыл бұрын
Not just the IRS. In the 2005 to 2015 timeframe, Visa and Mastercard pushed HARD to capture the under-$20 market. That is, people still used cash for purchases under $20, and CC companies was missing out on those sweet, sweet transaction fees. (I remember the commercials.) Well, the CC companies succeeded. You no longer need to sign paper receipts or those little screens anymore. Business no longer have minimums to use a CC. We all have digital phones now so paperless is normal to us. And I've seen people charge a 79-cent banana at 7-11.
@bbustin1747
Жыл бұрын
@@buyystocks We are close with electric drone like air transport. A little behind schedule. Only if they come with an emergency chute for me.
@buyystocks
Жыл бұрын
@@bbustin1747 maybe by 2700 lol
Millennial here and I will have you know I DO carry cash in my wallet SIR!!! $439 at the moment to be exact! Lol
@117rebel
Жыл бұрын
@@bhargi4692 Oh my goodness yes! You can’t leave home without a pistol! Not in this dangerous world! It’s best to have a collection of guns! A plethora of firepower!
@YankeeStacking
Жыл бұрын
That’s awesome! And you are the wonderful exception to the rule.
“That is revolution talk” Yep 👍
They killed cash when they destroyed brick and mortar stores and everyone began purchasing online.
@tallgoofyb
Жыл бұрын
You mean tried to
When they take all the cash will be after they take all guns.
@SmithsnMoz
Жыл бұрын
They're definitely after the guns..
Would love it if Tim time was at least an hour! Love listening to him he is a wealth of knowledge and he can be so funny too!
@YankeeStacking
Жыл бұрын
I wish I could afford a full hour in his shop! But there are other customers lined up. 😉
Love listening to Tim. He is a true patriot.
"Can you spare ONE Buffalo Tim?" Tim: "Ummmm....." 🤣🤣🤣
As a nation, I think we are just dumb enough to let cash go.
@Roylamx
Жыл бұрын
jd60; We already did. Roosevelt took the gold in 1933 and Johnson the silver by 1965. Funny thing is, we can always take it back, just quit using their funny money and return to silver and gold. Then demand our public servants to do the same. If we will lead they will follow.
@rchicks22
Жыл бұрын
You’re probably right. On the bright side, it could hasten the move back to gold & silver as money. Whether it’s in 5 years or 50 years, gold as money is the end game.
@cindykenyon8860
Жыл бұрын
Sorry that the so called United States are not United...You have no leader, you have no Leader with a Business brain.......You are no different than a Communist country you have no say...and those at the top will not answer any questions on what they are doing,,,, If Trump doesn't get in...... or someone with a business brain and Balls......you are finished as a United States......there will we fighting in the streets, and wars will break out between states... you will have wound your country back to the days of your first settlers.......At present you big problem is Big tech, The biggest mistake that Trump made while President...... was when he was banded from Social media..... the Army should have been called in and arrested Master sucker Berg and company for terrorism........to the Nation.....You cannot with hold your President from what ever he needs.........So still today Tweeter, Microsoft etc.... need to be removed from Power.
@YankeeStacking
Жыл бұрын
Agreed.
I feel the same way about self checkout. I refuse to use it If I can, I'd rather wait in the only human maned register too keep that person employed whether they realize it or not. Plus there is no incentive to do it. I'm not getting paid to ring and bag my stuff!
@WhoWouldWantThisName
11 ай бұрын
You know I usually find that there are more people waiting in line to self-check than in the manned lines. It used to just be assumed that the self-check was faster, and so now it has become the slower due to all the sheep that didn't bother to look at the other lines. I was in the habit of self-checkout until I noticed this. I also prefer to help keep those people working as well.
@justsomeguy404
11 ай бұрын
@@WhoWouldWantThisName i always see everyone using self checkout. There's no benefit to do it. I'll wait in the only line open. To be honest my local Walmart usually has 2 to 3 registers open which is nice
God Bless Tim and those that believe the way he does. Great video!
An Irish based bank who have been advertising new digital bank accounts on the national radio, recently caused an uproar by announcing they were going fully digital and ditching cash. This would leave some small towns with no access to cash. They were apparently forced to change their minds and apologize. However, I believe this was just a public stunt by the government, to gage the reaction and foreshadow their own plans.
Digital money is only going to prove how insecure people’s hard earned money is, wether it’s by the government or by hackers not just because they want to keep all the money for themselves; but also because it’s a relatively new concept. The banks themselves will restrain what you buy with your money and how much you’re allowed to spend.
@evelynblose9791
Жыл бұрын
People need to understand banks are hacked more often than you would think and the federal reserve has also been hacked before. You will see theft increase beyond belief if you go all digital.
@lc285
Жыл бұрын
No more cash? What then will the CIA pack on pallets to bribe nations with?
@billyhomeyer7414
Жыл бұрын
The babysitter will be paying taxes at 42%
I still write checks and pay in cash mostly, but like Tim said I put my credit card in to get gas, so I don't have to go in and out. Cash is king and when I spend cash, I get coins back in return. I'm a coin guy. I wouldn't feel confident walking around with no cash or coins on me.
@michaeldyer6723
Жыл бұрын
They can still track a check.
@freddieh5539
Жыл бұрын
CBDCs are a REALLY BAD idea due to the control the government would wield. Sadly, there are far too many people who are happy turning over total control of their lives over to that government. If this thing happens, an alternate economy will have to be developed.
Was the first one to the coin shop this morning and spent a good 90 minutes taking to Tim. He’s a great guy and extremely knowledgeable. I put an order in and should be back towards the end of the week to pick up my 10 gold buffalo’s and some more junk halves. Hope to see you there Yankee!
I see people using cash all the time. I asked at the McDonald's window which is used most cash or card? I was told it was about a toss up. I think that the majority of the population will do whatever the government tells them to do. The media will convince them.
Thank you Yankee and Tim , I come here for the truth 🤝🙏 I’m old school also Tim 🤝 I agree wholeheartedly Remember Benjamin Franklin was asked Sir, what did you give us , he responded a Republic if you can hold it 🇺🇸🇺🇸 We must hold our Republic
@YankeeStacking
Жыл бұрын
Yes! I agree with that 100%. I just know my Millennials and Gen-Zs all too well. 😞
@therooster6104
Жыл бұрын
@@YankeeStacking I can’t disagree with you Yankee I see it to all we can do is tell as many as possible, 🙏Prayers for us all 🤝
@guitarflackrembrant5264
Жыл бұрын
@@YankeeStacking Yeah they think we live in a democracy and so do their stupid parents! Truly scary; the dumbing down of the American people through our "educational" institutions and media. Sad!
The Fed has already said they are looking at a digital currency, which means they already have it and are waiting to implement it during a crisis. I believe most of public will be scared and accept it.
@Mrjones1905
Жыл бұрын
Your right, just look whst they got the cowards to inject 💉.
@catfart879
Жыл бұрын
I'm not scared and won't accept it. I'll die that way.
@Demy1970
Жыл бұрын
I don’t want government doing anything because they couldn’t even create a webpage for Obama care
@bdubs3602
Жыл бұрын
We are not beholden to the fed or the government! People need to pull their heads out of their asses and shake these parasites off!
I live in Wales in the UK and always enjoy your show! Over here many are extremely concerned about CBDC and all its implications. And they have started creating 15 minute cities, which are basically ghettos, though there is a lot of opposition to that. Thank you for your tips and wisdom!
The changeover will be somewhat gradual with situations like the following example: You will be able to buy a gallon of gas with 5 CBDC or $5.50 in cash. That will cause a "voluntary" decision about which to use. By far most people will go for the cheaper option. Something similar was done years ago when credit cards first became popular (but it was in reverse)... It was called "discount for cash" (because they couldn't legally charge extra for using a credit card) Gasoline was 10¢ cheaper per gallon if you prepaid in cash. (That was around 1984). Reason was because of the transaction fee for credit cards were costing the gas station businesses. So a similar scheme could be used for the purpose of acclimating consumers to a CBDC.... It will be cheaper to process CBDC than cash transactions, so businesses can use the excuse they are passing the savings on to the consumer.
@fhuzpatch
Жыл бұрын
I'd be interested to know how many people prefer the e-transfer / cash transfer when purchasing silver/gold online vs how many go the "easy" route and use their credit cards, ignoring the cost increase. Someone should interview SD Bullion and a few others to find that information out.
@erniechasteen6332
Жыл бұрын
I once had libe???? Insurance .walk in the door pay in cash .they charged 5.oo for cash. Had to send one to the bank
@YankeeStacking
Жыл бұрын
kzread.info/dash/bejne/X2Wisat7pZeqidI.html
@dananorth895
Жыл бұрын
Here in Oregon business/gas stations often charge additional fee for use of debit/cash card.
@lancesudberry209
Жыл бұрын
@@fhuzpatch I've done 98% of all my online purchases useing easy route cc only. Bc I didn't realize another way till recent but even my first attempt at the ewire confused me and my bank that said Pryor me using this new source I called bank to see if I may if so how? They said we'll have it ready to wire ,all I had to do was give them the check # I said hmm ok,hero was contacted after days not getting confirmation emails and responded me I sent wire and check that they was waiting on check approval then they would cancel it 😂 imo I'll pay the extra sorry
Tim is one of the most honest, intelligent men I have heard of on Y/T. So much so that I have started doing business with him, thanks to your channel and I'm from Iowa!
These people have 60 sec attention spans and only want a cellphone to stare at.
If the US starts paying out welfare and social benefits, along with tax refunds and stimulus payouts in a digital currency, people will fall in line. I love Tim, but he’s wrong about people fighting to keep their physical currency. As Yankee said, most people don’t carry a DIME’S worth of currency on themselves out in the retail world. And, in a sense, the ONLINE world is completely cashless already. All the government has to do is force employers to pay salaries in the ‘new’ digital currency, and the game is over.
@YankeeStacking
Жыл бұрын
Bingo!!
@journeyman6752
Жыл бұрын
Just like it was the companies who "mandated" the vaxx.. Not the Govt. In Australia anyways. Where are the class action lawsuits?? All of his is illegal. ffs
@markjamison9677
Жыл бұрын
Sad but true .
@chrisloesch1870
Жыл бұрын
gotta agree. I too love Tim, but I think he's wrong on this one, which is a rare occurrence. There are WAY too many sheeple in this country.
@dananorth895
Жыл бұрын
I was thinking the same, any gov. check/payment refund/SS/disability. And any business/organization/institution they can compel to pay/receive in kind. However I think/agree anybody holding physical/fungible assets will still transact in trade/barter and some busines "ahem" will accept no other. ie how many chickens will an doctor/drug dealer/prostitute accept? Just saying. The gov. will do anything to fight this so expect to see ALL DRUGS/PROSTITUTION etc made legel to facilitate the switchover.
I think it would be the end of America to not see a president on some form of currency ! What happened to private debt rendered ?
Great video Yankee! Cash is King!
@YankeeStacking
Жыл бұрын
Until cash is (eventually) TRASH!
They are doing this over here in Belgium, The Government offers taxes to be done if you want xx crazy
I stay in SCOTLAND and all you see in supermarkets is people paying with card
A digital currency would be programmable. The issuer would decide what and when you can use it, and also make it expirable so if you don't spend it on what you are allowed to by a certain date....poof it's gone. Financial slavery forever if implemented.
AMEN!! Get em all out of Congress!!
The young are a different bread, they will accept and think it's wonderful.
Amen Tim - right on! A clean slate is needed!
Tim's right, as always, Yankee. I'm 68 years old come October and the insanity these days is nothing short of amazing (and stupid), but I use cash for everything, and like Tim, I use debit on my credit union for gas. I do have one credit card for emergencies only. ONLY! When I see a one world digital currency to buy and sell I'll know it's Rapture time✝️ See ya Yankee and stay free.
@YankeeStacking
Жыл бұрын
Right, meaning we need cash and use cash predominately? That a cashless society is bad? That CBDCs mean insanity and loss of freedom?? Then Tim AND I are right! The question is…is it gonna happen anyway. I say unfortunately, YES!
Tim for the WIN!
I'm 65 years old. I'm one of a few of my many friends that use only cash. I've asked and asked again that they use cash at minimum on Fridays. My pleas fall on deaf ears. There will be no choice when the government says digital. God bless America
Love your conversations with Tim! He’s so knowledgeable. I listen with earbuds and your voice is so loud and Tim’s is so soft. If I adjust my volume to hear Tim you almost blow out my eardrums.
So glad I found you guys. I've put aside a good amount of currency and PM's. I had started but you got me more motivated.
The mark of the beast is coming. No cash, no crypto, just CBDC.
When i ran my own electrical bizz.everything from computer paper to gasoline/ mileage was a deduction,into the thousands.
The new Britannias are gorgeous no matter what metal they are struck on.
Thank you for sharing brother! Tim’s knowledge and experience is just Priceless, man. I appreciate even his opinions. Maybe I’m old school but I agree with him 💯👍🏼…thanks again brother much appreciated.
Most people I know never carry cash, they *want* it to die. I am the very rare exception who always has physical currency on me. We basically already have it, vast majority of transactions are with debit & credit cards, paychecks are direct deposited, most people already live in a cashless world, they won't care what the difference is with a centrally controlled digital currency.
@dragan7528
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Biden's section 4 order 14072 may obsolete the US dollars in the near future at a moments notice. It's introduction was immediately followed with HR 7231, The E cash Bill..! electronic currency and secure hardware act..! project Hamilton and project Lithium investment.
@spaceinvader68
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People are 🐑
@pamandaloro7206
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They will when restrictions are put into place with their own money
@ah5836
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@@pamandaloro7206 When that time comes it will be too late for all of us, we will have long passed beyond the point of no return. USSR lasted little over 70 years, China's communist leadership is over 70 years in control and still holding.
I want my cash money,I used silver to buy things when I was younger. I took a walker to the movies and had money when It was over.
Always an enjoyable listen. Thank you.
Yankee!!! Trade your gold in for silver brother! They literally just found trillions more gold in Africa 😂
@YankeeStacking
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😂
Good one Yankee I’m an old timer like Tim in my eyes CASH IS KING. The younger generations think differently be that as it may, in this country be an live as you please. Boy the hackers will have a field day with this CBDC. I’ll stick with cash, I’m my own bank let them come for my money they’ll get a big surprise. Yankee Stack Tall
Great conversation, may I add a note of interest. Japan just canceled their CBD test it was so unpopular. 👍
Tim is right! Digital currency will be rejected by the masses!
Tim for president 🇺🇲 he's got my vote 👍
I agree with Tim. Cash will not go away completely. There is so much US currency used globally, that we would instantly make enemies of all those people who hold it. Doing that would have all these pissed off people running into the arms of the new currency and that would accelerate our demise.
@joshuacarothers2569
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I read that there is about $2.2 trillion in physical FRN globally
Always interesting. Thanks!
Great episode, guys. Thanks.
Greetings from europe. Spain just passed an law that everyone has to accept cash BUT only up to 1 K€. In Belgium cash payment is limited to 2500 €, Finland ID is needed if payment is 20 K or more and in Germany limit is 15 K. In Sweden hardly any cash is used anymore and there are places that will not accept it at all - likely the most cashless society thus far - but they are not in euro € currency union.
@woohanrebel2549
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Christine Lizardgarde already said cash is not going away anytime soon because it will need time to transition to cashless.
For everyone that thinks digital is such a great idea. This is now the second time someone has hacked into my bank account this year. I am married with 6 sons. But since I always keep cash along with my stack I am fine until the bank sorts it out. What would you do if we went digital and that was your only form of “currency”. Hackers get better and better every year. This is just one of a million reasons digital currency is a horrible idea. But am sharing bc this is relatable. Be smart. Be your own bank. I only use my bank account for some bills that benefit me using auto pay. Be smart. Protect your wealth.
Thanks for what you do!
Good stuff, thanks guys..
You both scare the hell out of me. Much respect. Subbed! lol
I think for the most part people will fall in line behind a CBDC. However I firmly believe that a shadow economy will arise as well and even those that must accept the CBDC fully will find their way there as well.
@DrRock2009
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If the government wants to have covert ops then there has to be a black market..
@ecself1262
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@@DrRock2009 whether the government wants it or not is irrelevant. They won't be able to stop it. Something always has value. Especially when currency alone can't buy it.
Thanks Yankee and Tim, keep up the great videos!
Rejection of Central Bank in all forms!!!! They're done!!!
I want cash
Im on the fence I was with Tim but realized MOST people are sheep and wont even realize its up to them to tell the government what to do, most people now like being told what to do because its easy..So I guess I'm with Yankee on this one, they can go digital easily and the pushback from seniors wont be enough to make a difference...people love paying for stuff with their phones not cash...
Great conversation!!! Thank you Yankee & Tim!!
It's coming. I agree with you completely.
I like to listen to youtube videos on my way to work. When Tim started talking about people not realizing how much they are being tracked it reminded me of a video I listened to this morning. The video was about the massive increase in dumb phone sales. Apparently it has spiked. Some young people are starting to be concerned about the mental health consequences of being glued to a phone all of the time. Apparently pop star Selena Gomez is sporting a flip dumb phone because she is concerned about her focus and and social interactions that are adversely affected by her smart phone. I thought that was amazing and it might be a glimmer of hope for future generations. They are not all stupid. Just mostly stupid. The sheeple as Yankee stacker refers to them.
Tim is the man!!!
listening to Tim is always a pleasure, thanks to ya both...
I truly appreciate you/Tim. I am on the West Coast. I will contact Tim tomorrow. Thanks for the interview. Enjoy your evening.
Lights out no CBDC
We should all start using cash again, it would cause the money printers to get turned on.
Oh, you had me at “that’s revolution talk” ❤ Go Tim, go Yankee!
Finally! The "R" word! Finally! I'm ready let's go!
Love hearing Tim. Yankee I agree with you both. I think the government wants it but will it push a true divide in our country. There were two currencies during the civil war. Let’s pray things get fixed.
You have a very large population in America that will not use banks period. They have no checking account, no savings account, no other types of accounts because they do not trust the banks. I know this to be true from having worked in the banking industry for 9 years.
Thank you Tim, for providing a new use for P.C. -- Pie Carver lol
Always enjoy these! Agree with Tim, we need more Tim!
dont want to sound sov cit but isnt it in the constitution that only gold and silver are currency ? im in uk so i dont know
@YankeeStacking
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Article I, Section 10, Clause 1
@unlockeduk
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@@YankeeStacking was it ret-coned out of it later or what then cause im sure you dont have silver and gold now or do people just not care? i mean i get it there aint enough gold and silver for every country to use it as currency but you guys love your constitution ......
@YankeeStacking
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@@unlockeduk Second greatest document ever written IMO.
Tim is right on the money,screw politicians and government workers who want to carve it up their way! No communist banking,we operate with cash!
We should all be naming the names of this countries enemies. Congress people that you want to vote out, name their names.