For the past decade, banks have been subtly and insidiously phasing cash out of circulation. Much like a python chokes its prey, banks are restricting the flow of cash by imposing ever-increasing limits on its use and availability.
By lowering cash withdrawal limits, strategically closing ATMs and bank branches, and collaborating with governments to impose legal obligations to declare smaller and smaller cash transactions, banks are making cash increasingly difficult to use.
As a result, business owners have to travel further to deposit their earnings and struggle to withdraw what they need to operate, which directly impacts consumers’ ability to transact with cash.
This strategy has been executed gradually over many years to avoid detection, under the guise of promoting “transparency” and protecting against “fraud” and “terrorism”.
In reality, the goal is to push society towards a completely cashless system where every transaction is tracked, monitored, and controlled by a central authority.