Some of you may have heard about this, others not but I want to make sure that you are keeping abreast of changes that are occurring as the planet’s currency undergoes the massive change from cash to digital money.
I have written and spoken about this enough that I am hopeful you are aware that cash is being eliminated and will be replaced by digital currency in your bank accounts – zeros and ones.
This is not some conspiratorial musing. This titanic shift in global finance is occurring “as we speak.”
I am writing about this in my monthly newsletter Strategic Financial Intelligence (www.strategicfinancialintelligence.com) and also discuss it on my weekly radio show and/or podcast — transcribed copies of which are sent to subscribers of Strategic Financial Intelligence.
It was only a year or so ago when legislators and bank regulators were discussing and treating cryptocurrencies as though they were some kind of digital pox upon the public’s finances.
How quickly the worm has turned.
A recent memo issued by the US Office of the Comptroller of Currency (OCC) announced that US national banks and federal savings associations could provide services for their customers that held cryptocurrencies.
Not only has a US government agency that regulates banks in America recognized that there are 40 million Americans who own cryptocurrency but that US banks can and should provide services for their cryptocurrency-owning clients.
This is truly a fast-moving and titanic shift in global finance.
If you want to stay abreast of this and be made aware of solutions, I suggest you subscribe to Strategic Financial Intelligence (www.strategicfinancialintelligence.com). I am following this closely.
You do not want to be caught flat-footed during what is nothing less than the most major restructuring of global currency in world history.
The newsletter is two bucks a week.
Bruce (a.k.a. John Truman Wolfe).