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Australia Bans Cash Transactions over $10k, Bitcoin exempt!

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First published at 01:22 UTC on July 30th, 2019.

NaomiBrockwellTV

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Australia plans to ban cash transactions for amounts over $10k AUD ($6900USD).
This reflects a worldwide crack down on cash use, and is a huge violation of financial privacy. It also forces people to use the banking system, pay bank fees, and trust b…

Draft legislation of this ban has just been released, and it exempts cryptocurrency. Can cryptocurrency save us from having all of our purchases tracked and recorded?

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