Globalists plan to replace all cash with Central Bank Digital Currencies (CBDCs) in the future, which gives the government total control over people’s spending. Australia is already making the change to cashless, a new report emphasized.
It might be going at a faster rate in Australia, but it is certainly the goal from many American elites as well, including Joe Biden. He signed onto the G20 Bali Declaration that endorsed CBDCs and he has repeatedly issued executive actions on potential digital currency.
In China, digital currency is linked to one’s digital ID and thus one’s social credit score so that, if you do something the government doesn’t like, you essentially cannot buy or do anything. That’s what the Chinese puppet Biden administration and Australia and other woke governments are aiming to export to their nations.
The Gateway Pundit’s Elijah Schaffer posted August 5, along with a clip from Sky News Australia:
“WARNING: Australia is going ‘cash free’
W/out warning all 4 major banks began limiting cash withdraws in various cities
Making some branches ‘cash free’
Gov took $1 billion worth of notes out of circulation
People are unable to withdraw more than $500
It’s happening.”
Here’s the Sky News clip:
Australia was particularly dictatorial during the COVID-19 pandemic, including its army forcibly locking up citizens in quarantine camps. It’s no coincidence that the same leaders around the world who enforced COVID lockdowns are now supporting digital currency. This is just the newest phase of the move toward one world tyranny.