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A woman in Queensland was shocked when she went to her bank to withdraw cash but was told they didn't have any. Taryn Compton needed money to pay a tradie, but the ANZ ATM didn't have her EFTPOS card. When she asked the teller for cash, she was told the bank no longer carries cash. Taryn found it crazy and was confused about what the bank had if there was no cash available. The bank explained they don't carry cash anymore, leaving Taryn without her money.

ANZ bank has confirmed that some branches no longer handle cash at the counter, directing customers to smart ATMs instead. The number of ATMs has decreased from 14,000 in 2017 to around 6,000 last year. Cash is no longer as popular, with people finding it more convenient to go cashless. Australia's cash supply is shrinking for the first time since the introduction of dollars and cents in the 1960s. The country is becoming more reliant on digital payment methods, a trend that has been developing for a while.

We must not allow the elimination of cash. If we rely solely on central bank digital currencies, the computer will anticipate our actions and prevent us from doing certain things. For instance, if there is a restriction on traveling beyond 5 miles from home and you attempt to buy water 6 miles away, you will be denied. There are numerous reasons why it is important to keep cash.

Losing cash and relying solely on central bank digital currencies would give authorities the power to predict and control our actions. They could prevent us from doing things like buying a bottle of water if it goes against their rules, such as not leaving our house beyond a certain distance. This is why it's important to keep cash. It's concerning that politicians think they have the right to access all our information.

We've lived under a system where bankers manage monetary policy and elected officials handle fiscal policy. If we centralize control over both, we risk losing personal freedom. This could lead to a digital monetary system where authorities dictate how and where we can spend our money. For example, during the pandemic, restrictions could limit our spending to certain areas or items. It's crucial to preserve cash and checks to maintain an analog system. Experiences from disasters, like the cyclone in New Zealand, highlight the importance of cash for transactions when digital systems fail. Countries like Norway are recognizing this need and are reversing the trend toward a cashless society. Without cash, people face significant challenges during emergencies.

You know my country was the first where they made cash illegal. 2016, digitalization was forced from the country. 08:00 in the evening announced midnight cash was illegal, the big notes. And 70% of the economy crashed. This digitalization is now going all over the world and there's a war on cash. They call it war on cash. Because cash is merely a medium of exchange. It has no value in itself. It's just a promise. You read the dollar note it says I promise to pay the bearer. But an element of that great reset is you will own nothing. And you might have also followed that while all this has been happening the founder of the World Economic Forum did a book called The Great Reset on how to deal with the COVID crisis.

In this video, the speaker discusses the shift towards a cashless society and the implementation of a social credit system. They mention that their country was the first to make cash illegal in 2016, leading to a significant economic downturn. The speaker explains that digitalization is spreading worldwide, with a focus on eliminating cash. They highlight the potential dangers of this shift, such as the control of finances by big tech and the creation of a social credit system similar to China's. The speaker also mentions the concept of "The Great Reset" and expresses concern about the idea of individuals owning nothing. They emphasize the importance of awakening to these issues.

Joe Biden's administration is prioritizing the creation of a central bank digital currency (CBDC), with the Federal Reserve and the Bank for International Settlements involved. The goal is to eliminate cash and have everyone use CBDCs for better tracking and control. CBDCs can be programmed to restrict certain purchases, like if someone exceeds their carbon footprint. This is seen as a dangerous tool for tyranny and a step towards a surveillance state. The idea of CBDCs is highly unpopular among Americans, but the plan is to gradually push it through and eventually demonize cash. It is crucial to resist this development, as once implemented, it will be difficult to reverse.

We are heading towards a future where freedom is at risk. By 2030, Britain may restrict travel and eliminate private transportation, requiring digital IDs and electronic money for all transactions. This level of control has been building for decades, and we must resist now to prevent becoming slaves to a cashless society.

Digital money offers significant benefits, beyond just being a digital version of physical currency. It allows for programmability, such as central bank currency with expiry dates. In my book, I discuss the potential for a world where the government can restrict the use of central bank money for certain purchases it deems undesirable, like ammunition, drugs, or pornography. This concept has the potential to be both better and darker, but it highlights the power of a central bank digital currency (CBDC).

Introducing the electronic euro, which aims to address the issue of cash payments above €1,000 being considered on the gray market. Switching to digital currency would provide some level of control. However, there is a discussion about allowing zero control for very small amounts like €300 or €400, although this could pose risks. The speaker mentions that terrorist attacks in France were funded through small anonymous credit cards that could be recharged with total anonymity.

Introducing the electronic euro, switching to this currency can help with the issue of cash payments over €1,000 being considered on the gray market. There will be some control over the digital euro, but for small amounts like €300 or €400, there may be a mechanism with zero control. However, this could be risky as terrorist attacks in France were funded by small anonymous credit cards that could be recharged anonymously.

In China, the government controls citizens' spending through a social credit system linked to bank accounts. Programmable money is being tested in countries like Sweden and Canada. This technology could soon track and limit individual carbon usage, with penalties for exceeding limits including fines automatically deducted from bank accounts.

Banks are increasingly restricting withdrawals and deposits. A friend attempted to withdraw $20 but was told he needed to explain its purpose. When he went to withdraw $20,000, the bank required proof of where the money was going. Additionally, attempts to invest in Bitcoin were limited to just $5 a month. This reflects a broader trend towards a cashless society, which could lead to increased control over personal finances. It's essential to diversify your funds across multiple banks, as relying on bank insurance can be risky. Political views can also affect banking access, as seen with Nigel Farage's experience of being debanked. Ultimately, it's crucial to take control of your finances and decentralize your money.

Introducing the electronic euro, switching to this currency can help by reducing the use of cash. In Europe, cash payments above €1,000 are considered illegal and can result in fines or jail time. However, the digital euro will have some level of control. For small amounts like €300 or €400, there may be a mechanism with zero control, but this could be risky. In the past, terrorist attacks in France were funded through small anonymous credit cards that could be recharged without revealing the user's identity.

There is a significant difference between cash and Central Bank Digital Currency (CBDC). With cash, we don't know who is using specific bills, but with CBDC, the Central Bank will have complete control over the rules and regulations governing its use. They will also have the technology to enforce these rules. These differences make CBDC distinct from cash.

Introducing the electronic euro, which aims to address the issue of cash payments above €1,000 being considered on the gray market in Europe. The digital euro will provide some level of control, but there are discussions about allowing zero control for very small amounts like €300 or €400. However, this could be risky as small anonymous credit cards were used to finance terrorist attacks in France a decade ago.

Digital money offers significant benefits, including programmability and the ability to set expiry dates for central bank currency. In my book, I discuss the potential for a world where the government can restrict the use of central bank money for certain purchases it deems undesirable. This could lead to a better or darker future, depending on one's perspective.

Digital money offers significant benefits, including programmability and the ability to set expiry dates for central bank currency. In my book, I explore the potential for a world where the government can restrict the use of central bank money for certain purchases it deems less desirable. This could lead to a better or darker future, depending on one's perspective.

Jamaica is accelerating its path to becoming a fully digital society, with upcoming announcements in the coming weeks and days. The country has established the national identification system and put in place a digital currency, while directing ministries to digitalize their operations. Most ministries are moving from paper-based to digital systems. The military is transitioning, and the society is moving very quickly to become digital. Banking consumers are noticing rapid digitalization as banks advance in that direction. Artificial intelligence is now a factor in the ecosystem. Very soon, the position of a human being exchanging cash will disappear from the banking system, and interfacing with machines will become the norm. The speaker emphasizes that this is not meant to be a scary thought, but something to embrace.

A big bank has confirmed that some branches no longer handle cash over the counter, directing customers to smart ATMs instead. The number of ATMs has decreased by more than half since 2017. In a conversation, one person asks for change but is told that cash is no longer used. The other person agrees, stating that not having cash is more convenient. This marks another step towards a cashless society.

Introducing the electronic euro, switching to this currency can help with the issue of cash payments over €1,000 being considered on the gray market. There will be some control over the digital euro, but for small amounts like €300 or €400, there might be a mechanism with zero control. However, this could be risky as terrorist attacks in France were funded by small anonymous credit cards that could be recharged anonymously.

A woman in Queensland was shocked when she went to her bank to withdraw cash but was told they didn't have any. Taryn Compton forgot her EFTPOS card and asked for cash at the ANZ ATM, only to be informed that the bank no longer carries cash. Taryn found it absurd and was told by the bank that they don't have cash anymore, leaving her puzzled about what's in the bank if not cash. She was not given any explanation or assurance that the situation was temporary.

As ATMs and bank branches close, Australia is moving towards becoming a cashless society. Businesses like KFC, Krispy Kreme, and Nando's have already stopped accepting cash, and even Macquarie Bank is phasing out cash transactions. Economist Richard Holden predicts that within five years, Australia will be functionally cashless. However, there are concerns about the impact on older Australians and those in areas with limited internet access. Sweden, the first nation to introduce banknotes, is also on the path to eliminating them, but faced backlash due to difficulties in paying for essential goods. Lobby group Cash Welcome warns that Australia should learn from Sweden's experience. Despite the shift towards digital payments, Australians still withdraw $8 billion in cash each month.

We are introducing the electronic euro to reduce cash payments over €1,000 in Europe. The digital euro will have some control, possibly exempting very small transactions under €300-€400. However, this could pose risks, as small anonymous credit cards were used to finance terrorist attacks in France a decade ago.