Aus 🇦🇺 Australia Post confirms it will NOT go cashless after Unprecedented Public Outrage 🔥
(media.kotakuinaction2.win)
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I don't doubt eventually we'll be cashless but I think it'll be by a company than a government. I don't see any government without using coercion either by force or exclusion from services getting people to use it while I can see a private entity doing it and getting users by offering incentives and ease of use.
I can see more people being inclined to the carrot than the stick when it comes to money.
People need to understand what they are losing…
I pay cash EVERYWHERE for everything like my life depends on it.
CASHLESS SOCIETY WILL MEAN
NO saving for a rainy day. Negative interest rates are their ultimate goal.
NO selling unwanted items for cash.
NO tipping waiters or hairdressers.
NO car boot sales or markets.
NO fivers for the grandchildren,
NO coins for the homeless or buskers.
NO tooth fairy or piggy banks.
NO financial privacy and much more.
Every penny you receive will be recorded. Every transaction tracked. Access to your money will be owned by and controlled by the state. How and where you spend your money will be a privilege of the state.
Pretty much but thanks to what was used to be the go to currency to stockpile in, the US dollar, being devalued thanks to the actions of ideologically driven administration, it's weakening the argument not to go digital into some currency away from government control.
Don't get me wrong, cyptocurrencies like bitcoin have their own issues but it's eventually going to happen the same way that we moved from a barter system to currency in the first place.
The only currencies worth holding will be illegal for the common man to hold. Look at gold confiscation in the US when the transition to imaginary money occurred.
Look to the new BRICS currency, said to actually be backed by gold (we'll see if that's true) and what laws are created to declare it a currency of terrorists.