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Matthew Nirenberg
Nomad Capitalist
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Comments by "Matthew Nirenberg" (@matthewnirenberg) on "Are CBDCs the Final Nail in the Coffin?" video.
You have to do something online. Such as: * Develope software and sell licences for it online * Learn how to trade and trade on exchanges risking only what you can afford to risk * Drop shipping * Do web marketing, marketing, graphics design * Digital art * Get paid to write articles The problem is automation, AI and regulations are making people redundant and there are no "jobs of the future" that need a lot of people so everyone is looking for alternatives. The issue is if everyone starts a business, who will be their customer? Its like having 20 gyms within 5 blocks of each other - too much market saturation.
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Australia has already banned cheques by 2030 at the latest. The state of Victoria, Australia has banned cheques from 2025. Electronic payments for everything seems to be the way.
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