Cash is king

Here’s weird factoid about our strange age… there were no bank robberies in Denmark at all last year. No disrespect to Danish cops, but it sounds like it may not have been the prowess of law enforcement that lead to this result. Most Danish banks no longer carry cash – if you want to steal digital money, we guess you can do that from home.

Speaking of cashless societies…A former broker joined the UnHerd podcast for a conversation about crypto, national digital currencies, and how banking corporations benefit from automated money. While banking and card companies have encouraged the cashless and “contactless” economy, especially during the pandemic, Brett Scott warns that society will be worse off if power over our money continues to be concentrated into the hands of a few. Though it’s inconvenient, Scott encourages listeners to use cash more.

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