Cash transactions are anonymous, private and 100% secure. Your identity cannot be stolen when you use cash.

But, tapping my Debit Card or SmartPhone is so easy and convenient.

Why would I use cash?

Why should I use cash?

We know you are an honest, law abiding citizen, so being tracked is not an issue for you. We don't expect you to completely give up your SmartPhone, Debit Card, Credit Card or even online banking.

But, if the monetary system of your country becomes cashless and 100% digital, your purchases will be monitored and controlled by the Central Bank and the Government as Mr. Carstens has stated. They will know where you spent every penny and they will know how you earned every penny.

USE CASH EVERYWHERE.

Banks have been nudging us towards a cashless society for decades: First introducing credit cards in the 1960s; then debit cards; chip and pin; contactless and smartphone pay apps. Now we are finally at the precipice of an all-digital PROGRAMMABLE currency, and once cash is gone it will NOT be coming back.

When you use cash to purchase something, that business saves money instantly on transaction fees. If you can help save that business money, they are more likely to keep staff employed and give back to their local community. Small to medium business are an integral part of keeping your local economy and community thriving and growing. Once CBDC is here, business transaction fees are bound to increase.

The CBDC technology that enforces the rules and regulations has the ability to limit your purchases, freeze your accounts, and even delete your funds with the click of a mouse. Perhaps you bought your alloted amount of meat, clothing or fuel this month ... the next time you attempt to purchase one of these items, "the system" simply declines your purchase at checkout. No more fuel for you this month.

Digital Currency also means that everyone will have a government issued Digital ID and a Digital Wallet (if you want to purchase anything, or be paid). What about teenagers or young children, will they all have a Digital Wallet?

People in abusive situations are often financially reliant on their abuser. If cash is removed, their way out will be that much harder or near impossible.

Elderly, blind and people with disabilities will struggle. Many people can't or don't know how to use technology. They would also be vulnerable to scams.

You won't be able to leave your home without some sort of device. We will be reliant on technology every day. WHAT ARE THE TECHNOLOGICAL IMPLICATIONS OF A CASHLESS SOCIETY?

If you want access to your funds, you will need the latest devices and software to enable payments. If you are not a very tech savvy person, this could become a big problem. It is also extremely expensive and inconceivable for some households.

Do NOT comply!
 
Say NO to Digital ID.