If you had watched Mark Dice's YouTube videos over the past few years, asking ordinary Americans what they thought and understood about the current stage in the United States, you wouldn't have expected to get a satisfactory answer. Perhaps Americans care more about their own financial future than something as trivial as National Geographic. A new Gallup poll asked Americans what they think about the future of the cash dollar. The first question is relatively “mild” in terms of terms, but the intent is direct. “Do you think that in your lifetime the United States will be able to achieve a cashless society, where all purchases will be made electronically using credit cards, debit cards, or other payment methods?” 62% of respondents think that they will see a cashless society in their lifetime, while 36% do not think so. Of these respondents, 30% think it is very likely and 11% think it is very unlikely. Interestingly, this survey includes not only young people but also the elderly. 58% of those over 65 think that a cashless society is imminent, which is only 5% less than those aged 18-29. Perhaps the number of young people who go out without cash is more telling. In this survey, the typical young person carries less than $30 in cash, and most don't carry any at all. Seniors over 65 carry about $60 in cash, and people between 30 and 40 are the group that carries the most cash when they go out. The last question was, "Do you like to carry cash with you all the time when you go out, or do you feel more comfortable without cash?" More than 50% of young people under 29 years old feel more comfortable without cash, while less than a third of seniors over 65 years old feel the same way. 54% of respondents said they feel more comfortable with cash, so most people still prefer cash on this point. Last month's poll received telephone responses from all 50 states, with more than 1,000 people aged 18 and over. The survey is said to be 95% accurate. Gallup also recently learned that the "true unemployment rate" in the United States is actually twice the estimate of the US Department of Labor. Therefore, more than 50% of citizens do not approve of the job Obama is doing. The further focus of global society is on electronic payments (obviously people with bitcoins will be happy about this), or any payment that can be made with a smartphone. The downside of this approach is that any computer hacker or centralized surveillance system can monitor all or any transactions in a country or region. This is an adjustment based on convenience and technological progress. Otherwise, do you think it is easy to exercise "careful control" over a huge mass economy? In any case, cash will not dominate for long. For example, Sweden and Norway do not use cash now, and they will not be the last countries to give up using wads of cash. When cash disappears, all transactions will go through banks, government agencies, or digital currencies, and you may no longer have privacy over your wealth. Wealth is increasing, but the options at your disposal are decreasing. Do you really want to live in a society where you can't give someone $10 without a phone, and metadata can track transactions? Think carefully before you shout "finally get rid of cash".
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