crime, terrorism and tax evasion: why banks are waging war on cash | paul mason /

Published at 2016-02-15 20:15:51

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Governments would care for to see the end of banknotes. But what would a cashless society mean for freedom?I can remember the moment I realised the era of cash could soon be over.
It was Australia Day on Bondi Beach in 2014. In a busy liquor store,a man wearing only swimming shorts, carrying only a mobile phone and a plastic card, and was delaying other people’s transactions while he moved 50 Australian dollars into his current account on his phone so that he could buy beer. The 30-odd youngsters in the queue behind him barely murmured; they’d all been in the same scrape. I doubt there was a banknote or coin between them.
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Source: theguardian.com

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