Australia doesn’t have any “black economy” … the GST did away with it - remember?
I know cash is messy - likely plays an essential role in building social and individual immunity - but I’m interested in the way that banks have become woven into each and every transaction in the land.
It gets to looking like privatising the currency - renting it to serve as the medium of exchange in each and every transaction - with a tiny barely noticed tickle on the way through.
I know you digital fellas are understandably entranced by the gadgetry and the undeniable brilliance of it all - but there are some significant issues about who and what directs this software practice down deep… whose interests it serves.
Cash is legal tender, and in my pocket, I control and own it. In a cashless world you will be suspected of sidestepping for your comments on Steemit and they will shut your account. I don't like it.
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Yes it will make it much easier to control the peasants if you control all the spending.
Personally I am sick of the free hit this gives the banks. They get our pay before we do and profit from it too. Then they charge us to borrow OUR money.
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You don't have to worry. https://www.getpaidinbitcoin.com.au/
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