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/biz/ - Business & Finance

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15565259 No.15565259 [Reply] [Original]

https://www.news.com.au/finance/economy/australian-economy/ban-on-cash-payments-above-10000-under-proposed-law/news-story/4f6a7daec0d888822060a15e5f038949

Also a ban in cryptocurrencies , it's starting anons , trump asking for negative interest rates , central banks creating limits to cash purchases all over the world , they are getting scared of cryptos having a lower inflation than fiat currency and are starting to move western economies to the cashless society social points system.

They won't be able to do it in 2025 due to having multiple cryptos with insanely low inflation they have to do it now and have started to push this crap.
The war against cash has started , shit's going to get ugly as democracies with cashless society are not compatible as there is nothing preventing politicians of taxing the last bit of capital in existance.

They will destroy economic growth and crash the global economy with no survivors just to have total control.
India is also having a massive economic slowdown now after they pushed their ban on cash.

>> No.15565279
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15565279

>>15565259
All euro countries have started to put limits on cash purchases and have been reducing those limits in some cases like france or spain to 1000 euros per month maximum.

Bitcoin will moon since this will destroy economic growth until the system collapes , citadels will be real.

>> No.15565295
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15565295

>>15565259
India economy move to a cashless society is going as any libertarian would have expected , the government now destroyed lot's of business that being autotaxed now are no longer profitable as a result the indian economy is crashing with no survivors.

Chna being authoritarian can go cashless , democracies like india or european countries can't as the politicians will do what they do best , create taxes and destroy opportunities.

India economic slowdown is massive all due to this insane keysian crap of the muh cashless utopia.

>> No.15566343

>>15565259
It's already banned in Afrance for payments over 1000 euros.

>> No.15566704
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15566704

>>15565259
buy RSR

>> No.15566818

>>15565295
Based Vikram

>> No.15566890
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15566890

>government prints paper notes
>arrests you for having them

>> No.15567545

>>15566890
Kek

>> No.15567558
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15567558

>>15566890

>> No.15567591

>>15565259
i hope this is fake news with the 2 years jail time. We might aswell china

>> No.15567792

>>15565259
Lol

Enjoy having every single purchase tracked by the glowbois

>> No.15567797

>>15566890
>bills taxpayer for jailtime

>> No.15567805
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15567805

>>15566890

>> No.15567968
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15567968

>>15567797
Kek