Saturday, 16 March 2019

The "War on Cash" in Australia

https://www.youtube.com/watch?v=tKdIh8WkGQ4

"I think that the probability of negative interest rates in this country, in the next 2-3 years, is more than 50%"

- John Adams, March 2019.

John Adams and Martin North discuss the ongoing efforts to make Australia into a cashless society, partly to prevent people from "cash hoarding" when interest rates go negative and the banks start charging us to keep our money with them.

submitted by /u/fatalglory
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source https://www.reddit.com/r/btc/comments/b1s4ah/the_war_on_cash_in_australia/

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