Ask a Candaian trucker how they feel about digital currency and the governments ability to shut down everything you have, then have this conversation again.

But cash offers privacy. You can’t do that with electronic transfers.

When people take the time and effort to write to you with a question I think it is horribly unprofessional to mock them with your answers. I thought you guys were better than that. I guess I was wrong.

I went to a downtown restaurant the other day with my fiancé. Couldn’t pay to park with cash. We then dined and were completely shocked when told AFTER we ate that this establishment did not accept cash. I immediately informed them I don’t pay for items or experiences with a card and obviously my fiancé was footing the bill. They went back inside to "discuss it". I pulled out a $100 bill to pay for our meal, take care of the tip, placed it on the table, and walked off with my girlfriend. These establishments and elites aren’t about to inconvenience my life simply to track my every movement and direct cookies towards my spending habits. Hard pass. 😴

With all due respect to Mr. Ramsey, he has no idea how CBDC works and how different it is from digital money as we know today.

Easier to control people with a digital currency.

I am 34 years old. I have never owned a debt card I use money and envelopes and money for bills. I pay in person with most my bills. The other business I can’t I send a money order I buy for .30 cents. I don’t have checks. I have one saving account that can only be accessed in walk ins. I try to spend cash at locate business in my area. Most my business side of life is all done with mom and pops business in my area to help support my community.

It's very dangerous to give up cash altogether. Very dangerous

I think the "digital" currency we are using now is different than what banks want to use in the future. I look at my online bank, I have $100 in my checking account, I can walk into my bank and withdraw that $100 in cash and walk out with it. With the digital currency many are concerned about, there will be no way to walk into a bank and pull anything tangible out of it, because it's not tangible. That is the main difference.

I buy things with cash allllll the time. I prefer it. I dont like the idea of not having an option.

Getting rid of cash isn't the scary bit, it's the Central Bank Digital Currency (CBDC) that's scary.

I think what people are most concerned about is the Central Bank being the sole controller of the "money". Yes we use digital money to pay for stuff but there isn't just one company or bank, it's Visa, Paypal, Master Card, etc. Very different than a "central bank".

Dave is either ignorant or controlled. Seriously. To dismiss the dangers of central bank digital currencies or compare them to "Venmo or Paypal" is insane!

Digital is leading and paving the path for the Mark. Can’t buy or sell. Pretty sad Dave as a Christian doesn’t see this. No cash no privacy

He fails to realize that once they take cash away, you lose all privacy.

Self-employment was an education for me. You do “line up to pay your taxes”. Dave is right here- if everyone had to write that check themselves and not just magically “get what you get” on your paycheck, it’s a whole different story

Gotta disagree with Dave on this one. CBDC's are not venmo or direct deposit.

Dave is missing the mark between digital money, and a CBDC, which is a completely different animal. Digital money can only be seized via SWIFT, but a CBDC can be controlled in so many different ways it can’t even be considered money.

These people are 100% clueless. There is a major difference between digital currency and individually PROGRAMMABLE currency, which is what CBDCs are planned to be.

Dave needs to read Biden’s EO’s

Digital as Dave is describing is far removed from "Central Bank Digital Currency" (CBDC) which the caller/writer is asking about. I suspect Dave has very little concept, if any, of what a CBDC is and the implications on privacy and control.

When you lose your ability to pay in currency. Then you lose your right to self determination. It’s always a wise idea to keep cash around.

It’s hilarious that Dave released this video on the same EXACT DAY that Jerome is discussing the Central Banking Digital Currency on TV!😂😂😂 you can’t make this up 🤣🤣🤣🤣

Seems like 90% of people who don’t carry cash are 30 & below its real annoying sometimes we go to events that take cash & there always unprepared looking for an atm or asking me to borrow money. I try & always keep 100 in cash

This discussion is missing the point. It's the 'option' of cash that is liberating.

I listen to you regularly and think highly of your invest advice, including investing in rentals. I have rental homes and more than half pay me with money orders--same as cash. Some people do not have the discipline to manage their finances well. They use cash so they know when they are out of money. The percentage of the population using cash may be low but to some it is a way of life.

The problem I see if they stop using cash all together is then every time you purchase something a fee would be charged with no other options

What happens when EMPs (Electric Magnetic Pulse) shut all electronics down. It all disappears to the bit bucket.

Yes we are already using digital money, BUT we have control and NOT THE GOVT. Wouldn't it be bad if the central banks have programmable total control & access?

Dave’s ignorance on this topic is stunningly profound!

Dave is either clueless or shillin’.

The transition from cash to digital has been 20+ years in the making

Imagine thinking that direct deposit, venmo, digital transfers is the same as a Govt digital currency with a GUID that they can track specifically as it moves from person to person.

CBDC = 100% control over your life.

We better fight to keep it

This is being implemented already. Have you seen the walk in and walk out Amazon superstores? No checkouts. They are charged through their phone from either Visa, Square, PayPal. It’s here.

the ignorance about CBDC here is worrying...

I don't Venmo either, give me cash or a check...and yes my kids had to get checks for landlords etc. and I told them they will get used. I don't like a lot of digital access to my money.

Actually, to my understanding, more and more people have started using cash. If a store does not accept cash, then why would I go to that store? Might as well order online. I have no problem paying cash any store I go to. Cash is King. I keep more money in my pocket. You can keep those Thank You points😄

Mom and pop stores takes only cash, or no card under ten dollars.

Dave has that rich guy laugh that Jim Carey talked about lol

Going digital also get the words “In God We Trust” to go away as well. Nobody talks about that. Don’t see that on Venmo. Another way they are trying remove God from this Country. 😢

Digital Dollar 💵 on its way.JULY isn't it?

Sorry Dave- But the digital money in question is the CBDC that is being instituted at this time-It is a REAL coming problem.

Thank you Mr.Ramsey for setting the record Straight.

Everyone has to read the Terri Blackstock Restoration series. Four books about what happens when anything that is electronic stops working. Talk about neighbors killing the Preppers! It was a great read and makes ya think.

Yes, going cashless is going to be great and won't be a problem Dave. Just like policy Pay Pal was dictating, until they withdrew the policy.

We got rid of the penny in Canada a few years back. We now round up or down to the nearest nickel (if you pay cash that is)

It’s not the digital money that’s the problem. It’s the not having the choice is the problem

We are worried about the Government Turning Our Digital Money "OFF" with the Press of a Button at Their Whim just Like Canada during the Trucker Strike and China with The Social Credit Score Penalties. Address That Dave instead of Making Fun of it.

Not ever going to happen, the career politicians would have a problem hiding the kickbacks

I'd still would rather have a cow in my back yard than to have to wait for my 3d printed steak!!

AMC1T is my safety asset along with tether so i'm really glad to hear all this!! thank you very much

Ex order to review digital.. due by dec..implementation next year...UK prime min in with WEF..also stated in his first speech to implement digital currency..watch it...the beast system is rising..rev 13

Over my dead body.

One thing is if you pay cash for most small purchases you can reduce banking fees.

Digital money isn’t the issue, per say… The banks are attempting to convert our digital money to blockchain money… Blockchain money has the ability to be programmed such that it can be controlled where an individual can spend it and what it is spent on. If it isn’t spent in x amount of time it disappears from your account.

I was buying things digitally in Japan and using Octopus cards in Honk Kong since the early 90s. Electronic pay since early 90s.

should you sell a little of AMC1T when you start to make a profit or just hold?

The concern is not that it is digital but that it is programmable. If you don’t do what you are told, like meet carbon restrictions or spend your money before it expires, you can’t use your money.

Here in Australia, we use debit card (in physical form or stored on your phone). I haven't had cash in many years.

Lol, apparently you dont have any idea how people in diminishing countries are actually surviving right now

Not everything on the internet is false either.

Imagine a society with no cash. You are in the big city, and you are robbed. How do you borrow money from someone if you have no plastic.

I would absolutely panic if paper money disappeared. I agree with getting rid of the penny if that saves paper money.

The National Debt is insane. The deficit is also insane. Every time there's a problem on this planet you can count on the good old USA throwing trillions of $$$ at it. Think Weimar Republic. I'll put my trust in precious metals over the Federal Reserve Note all day long, thank you very much!!

It is not the government that is just an excuse, it's the banks and credit cards. They are trying to charge us fees for every transaction instead of the retailers. Just imagine how much we will pay on fees at the end of each year. Think about it.

Super cool video ! Do you think amazons AMC1T will pump before ETH ? I ask myself if there is a pattern in the order of the altcoins pumps.

Cash hasn’t been the dominant form of currency for quite some time. Just 16% of Americans carry cash. Cards are just easier in pretty much every way. 80% of adults says they would prefer to never use cash again.

Haha Dave trying to do Force Lightning with his hands

There’s a lot of money to be made from a cashless society…. CC fees, POS system fees, POS system themselves, Venmo transfer fees, etc

Our starter emergency fund is still in the desk drawer in a bank envelope. Now my wife and I joke that it’s our “bail fund” in case of a redneck emergency.

Isn't that going to open the door for more cyber crime.

4:36, this has been like that in Denmark for the past 20 years! They take our money before we get paid lol.

My fiancee did not carry cash when I met her and I told her get some cash incase your car gets lost or damaged.

That one point: Do away with the penny! Would actually save money. But there is always people who say, " But it was 96 cents and they charged me a dollar."

Buying a pack of gum with a debit card is something I would do.

Idk man about gold not being tradable for things ordinary people need/want in a currency crisis. My 94 y.o. mother told us about how hiding gold coins sewn into their clothing was the only thing that enabled her and her aunts to pay people they needed help from to flee Korea and get passage to Japan after the war.

The thumbnail for this video is hilarious😂. I had to click on it and watch the video to find out what it’s about.

The digital currency is different than then the digital currency we have now. The CBDT will control your ability to pay for food gas etc.. It will not be like we are in control of our money through the bank system of today. This is a global thing controlled by the UN and CBDT and we cannot see our account like we can with the bank today. Control is given to people that can control your spending by putting limits in your spending. So this will affect everyone differently than what we have today.

Beautiful content im bullish for AMC1T this is awesome 👌 tech analysis 👍

They will determine the metrics,they will decide who is worthy or should be controlled by said metrics. It is a way of surveillance.

I love you Dave but I think you misunderstood this question. He is talking about the central bank digital currently that isn’t backed by the dollar. He is worried about the dollar being eliminated, not the actual paper.

We are at the state capitol in Harrisburg Pennsylvania and most places are cashless. You have to use your card or put your cash into machine and get a gift card to use especially in state owned buildings like the State Farm Show building

Gold and silver were used by currency by most every government for the past 2000 years until about 50 years ago.

I find it interesting the talk of all loans going away

Ending was so crisp "THIS is the Ramsey show" eight after they're done talking about regime changes

Dr. John can't even use Venmo and he's on half of these financial advice videos...

The Ramsey coin we need!

He’s either just plain stupid or he’s being paid to deceive us and is part of the agenda to try to keep us calm. The world says we are about to be a cashless society and it’s not going to be a cut and dry thing to operate our financial routine at all.

“ would not disrupt the economy” interesting how easily said,except this is ultimately control not a means of exchange

George Washington is split in half 👍🤣🤣🤣🤣🤣

One thing is the money supply is controlled by the *"Federal" Reserve (which regulated by government but is not a branch of government)* and if there is no coin and currency (cash) there there *could be negative interest rates.* Agree with discontinuing the penny, just round the total like you do with 9/10 of cent (penny) on gas totals. We discounted the half penny in the *1800s.* The typical drawer can shift the remaining coin and add dollar coins.

I bought AMC1T as much as I could afford today. I want to be a part of this beautiful experience.

What would people do anytime the internet goes down?

Uhoh Dave 😳 $1000 in your clothes? Hope you have security 😂

"I've been hearing...." 🤣🤣🤣

Could you please talk about AMC1T it’s very strong and took off in short time thanks.

Again, bottle caps will be the currency of the future

My AMC1T shorts are doing pretty well and I plan to hold much longer.