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CASH is KING and the reasons why
Links:
1. What is Digital Money.
https://corporatefinanceinstitute.com/resources/cryptocurrency/digital-money/
2. "One day everyone will use China's digital currency"
https://www.bbc.com/news/business-54261382
DIGITAL MONEY GIVES FINANCIAL INSTITUTIONS TOO MUCH POWER
3. Bank Fees add up
https://7news.com.au/business/finance/reserve-bank-reveals-the-cost-of-convenience-with-the-average-australian-losing-460-in-hidden-fees-c-719669
4. Card charges
https://www.finder.com.au/debit-card-surcharges
5. VISA offers incentive for businesses to go Cashless
https://www.computerweekly.com/news/450422614/Visa-encourages-US-businesses-to-go-cashless-with-500000-in-hard-cash
6. VISA tracks purchases on behalf of the Government
https://www.breitbart.com/politics/2022/09/11/visa-caves-will-recategorize-gun-purchases-so-democrats-can-flag-them/
7. PAYPAL faces lawsuit for freezing customer accounts and funds
https://www.engadget.com/paypal-lawsuit-freezing-customer-accounts-funds-073128563.html
8. PAYPAL planned to use it's financial powers to fine people.
https://nypost.com/2022/10/09/paypal-pulls-plan-to-fine-customers-2-5k-for-promoting-misinformation/
9. GO FUND ME under threat of Fraud Investigation
https://www.foxbusiness.com/technology/gofundme-backtracks-canadian-trucker-money-fraud-investigation-threat
CASH IN YOUR HAND CAN'T BE HACKED
10. QR Code Scams
"Unsuspecting customers, thinking they are paying for food or other services, are being tricked into handing over their financial information and personal details to scammers."
https://www.heritage.com.au/about/news/security-alerts/2022-12-05-qr-code-scams
11. Parking Machine withdraws funds without permission
https://www.dailymail.co.uk/news/article-11267687/Faulty-parking-machine-drained-610-drivers-bank-account-Man-charged-122-times-three-days.html
CYBER and MOBILE PHONE BANKING
12. PEGASUS Cyber spyware
As of 2022, Pegasus was capable of reading text messages, tracking calls, collecting passwords, location tracking, accessing the target device's microphone and camera, and harvesting information from apps.[3][4] The spyware is named after Pegasus, the winged horse of Greek mythology. It is a Trojan horse computer virus that can be sent "flying through the air" to infect cell phones.[5]
https://en.wikipedia.org/wiki/Pegasus_(spyware)
13. Digital easily erased
https://www.smh.com.au/politics/federal/cyber-attack-could-bring-down-entire-financial-system-imf-20201207-p56l6y.html
14. The dangers of APPS
https://www.forbes.com/sites/zakdoffman/2021/05/20/stop-using-these-high-risk-apps-on-your-samsung-google-xiaomi-or-huawei-android-phone/?sh=2110616e7847
SAVINGS & PRIVATE PROPERTY
15. Digital Currency has a time limit. You must spend it or it will vanish.
https://bfsi.economictimes.indiatimes.com/news/policy/digital-currency-yuan-comes-with-an-expiry-date-spend-or-it-will-vanish/82059471
16. World Economic Forum recommends that people own nothing.
"Welcome to the year 2030. Welcome to my city - or should I say, "our city." I don't own anything. I don't own a car. I don't own a house. I don't own any appliances or any clothes."
https://www.forbes.com/sites/worldeconomicforum/2016/11/10/shopping-i-cant-really-remember-what-that-is-or-how-differently-well-live-in-2030/?sh=792626f71735
17. Australians Banks and ATMS close making it harder to use Cash.
https://www.abc.net.au/news/2022-10-19/more-bank-branches-atm-close-nationally-apra-2022/101550794
GOVERNMENTS
18. Canadians withdrew millions of dollars from banks after Trudeau ordered accounts frozen.
https://www.lifesitenews.com/news/canadians-withdrew-millions-of-dollars-from-banks-after-trudeau-ordered-some-accounts-frozen/
19. CHINA use Social Credit System to ban people from using trains and planes
https://www.abc.net.au/news/2019-02-23/china-bars-millions-from-travel-for-social-credit-offences/10843156
20. Daniel Andrews, Victoria, Australia plans to make Trains cashless.
https://www.theage.com.au/politics/victoria/andrews-backs-smartphone-and-card-payments-over-myki-20230110-p5cbk2.html
21. China uses mobile phones to track people's movements.
https://www.pcworld.com/article/495408/beijing_to_track_peoples_movements_via_their_mobile_phones.html
22. China Banks won't allow people to withdraw funds
https://dailycaller.com/2022/07/11/protests-rage-chinese-banks-wont-let-people-withdraw-funds/
Extra points on why Cash is King at end of Video.
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