America Could Eliminate Cash and Go Digital – Episode 192

Summary:

Best selling author Kim Butler and No B.S. Money Guy Todd Strobel offer insight on the direction the world seems to be heading- towards digital money. India did it, Australia is next, and they offer advice on what you should do if cash is eliminated in America as well.

Tune in to find out how to take control of your finances today. Do you have a question you would like answered on the show? Please send it to us at welcome@ProsperityThinkers.com and we may answer it in an upcoming episode.

Links in this Episode:

Submit your questions welcome@ProsperityThinkers.com

Show Notes:

00:00 Intro

00:33 What has happened, and what could happen in the future

00:44 Indian gov’t banned cash- 1,000 + 500 rupee notes

01:51 Kim’s opinion on this

02:05 What if they take away the dollar?

02:55 Check off on your list what you can do

03:15 It’s already happening in Australia

03:36 Electronic money is more convenient

04:23 Bitcoin and the blockchain

05:45 Electronic money used for behavioral modification

08:37 What Todd would do in this situation

11:19 Kim’s advice about what families can do to prepare for emergencies

15:32 No problem on earth exists, without the person present to solve it.

16:02 Celebrate success and stay positive