Australia’s top four banks have removed over-the-counter cash withdrawals, sparking fears that the nation is close to rolling out a Central Bank Digital Currency.

Headlines across the globe see Australia making aggressive moves towards a cashless society, a move that gravely threatens the last bastions of economic privacy and individual autonomy. Are Australia’s major banks merely championing the cutting edge of financial convenience, or is there a more pernicious hidden agenda seeping into our digital economy? It certainly appears that Central Bank Digital Currencies (CBDCs), the potential beneficiaries of a cashless society, could become the shackles of a future technocratic authoritarian world.

Australia’s choice to pioneer the first wave of this cashless future is a clever strategic move from the establishment. Capitalizing on the efficient enforcement of severe lockdown measures, the government seems ready to leverage the compliant temperament of Australians to pilot this currency overhaul.

https://www.lifesitenews.com/analysis/cbdcs-coming-australian-fears-of-cashless-society-rise-as-major-banks-restrict-withdrawals/?