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Australia Bans Cash For All Purchases Over $7,500 Starting July of 2019
Gizmodo ^ | May 11, 2018 | Matt Novak

Posted on 05/11/2018 4:29:47 PM PDT by Trump20162020

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To: Fred Nerks

That’s OK, soon we will only have plastic credits, paper money and coin will soon be pretty much gone.

Then the criminals will hack their way into money and identities will be stolen or borrowed.One day we may wish ourselves back to paper money and coin, LOL.


61 posted on 05/13/2018 2:41:13 AM PDT by Candor7 ((Obama Fascism)http://www.americanthinker.com/articles/2009/05/barack_obama_the_quintessentia_1.html)
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To: Candor7

Paper Money in the USA isn’t going away.

Axe your brothers.


62 posted on 05/13/2018 2:47:43 AM PDT by eyedigress ((Old storm chaser from the west))
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To: eyedigress

Axe your brothers.>>>>>>>>>>>

Suture yourself!( Grin)


63 posted on 05/13/2018 2:54:38 AM PDT by Candor7 ((Obama Fascism)http://www.americanthinker.com/articles/2009/05/barack_obama_the_quintessentia_1.html)
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To: Fred Nerks
As an Australian, law abiding citizen, I don't mind...I don't object to drug-dealers having their assets confisticated, either.

This isn't only about tracking for increased tax revenues. It's about total control of behavior. If one is a vocal conservative, expressing those views too strongly, how long before a socialist government declares you a racist, homophobe and seizes your "electronic cash" with only a few keystrokes? Who needs SWAT teams? Stalin would have drooled to have such power.

64 posted on 05/13/2018 3:08:34 AM PDT by Covenantor (Men are ruled...by liars who refuse them news, and by fools who cannot govern. " Chesterton)
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To: All

A lot of this is “self-inflicted”...Sweden is down to 2% of transactions in cash w/o govt. mandates:

https://www.cnbc.com/2018/05/03/sweden-cashless-future-sounds-alarm-bells-for-the-central-bank.html

If the U.S. govt. gets “cashless” mandate mania, then cryptocurrencies will be the way to go...take your pick from the top 25 or so:

https://coinmarketcap.com


65 posted on 05/13/2018 3:10:23 AM PDT by Drago
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To: Trump20162020

Are there NO PAWN SHOPS in Austrailia?

They deal in cash all the time.


66 posted on 05/13/2018 4:33:21 PM PDT by ridesthemiles
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