Daily News Thread v.3.0.

Stories I find interesting. No links, no commentary, just headlines - DYOR.

1) Coinbase, Circle Internet Financial, Paxos Trust Co, and Galaxy Digital Holdings ditch Silvergate

2) Economic Data from US, China, Europe shows strong vitality, complicating the job of Central Bankers

3) Declining Number of ATMs shows slow transition to cashless society

4) Audit of Covid Aid to schools shows millions misspent

5) Office of Congressional Ethics release report saying there is a substantial reason to believe AOC received “impermissible gifts” in connection to Met Gala attendance last year

6) Man lost at sea for 24 days survived on nothing but ketchup, seasoning, and dirty water

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7) Alex Murdaugh sentenced to two consecutive life sentences, one for each murder

8) CIA says Xi Jinping has instructed the Chinese military to be ready to invade Taiwan in four years.

Old news

Man lost at sea for 24 days survived on nothing but ketchup, seasoning, and dirty water

Oops, saw it for first time today

How many years do you think cash can hang on?

According to the article I read cash payments are only used in 14% of transactions, down from 42% in 2010. Idk how accurate that is since a lot of cash payments are off the books. But I think cash use at businesses and stores will be dead in the next 3-5 years. Peer to peer cash payments will last for a while.

No bueno. Love going to cash only businesses around the city.