Australia's Move to Cashless Society by 2025 Raises Concerns About Government Overreach and Loss of Freedom
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Australia is moving quickly to become a fully cashless society by 2025, with banks going cashless and limiting cash withdrawals.
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This removes freedom of choice and leaves people vulnerable if digital systems fail, similar to overreliance on electric vehicles.
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A cashless society enables total government and financial surveillance of citizens through digital trails. This could lead to social credit systems like China's.
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Canada previously froze bank accounts of protesters, leaving them unable to access their own money. Cashlessness gives governments dangerous financial control.
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Australia previously banned unvaccinated Novak Djokovic from the country against his will. Cashlessness gives more power to authoritarian government overreach.