Patrick Barron, has done an excellent job outlining the dangers of a cashless society. He is writing at the libertarian site Mises.org, which is very pro-individual freedom, and despite differences on many economic and financial issues, still is a friend, compared to the globalists we all confront, and as embodied in the drive for Central Bank Digital Currencies (CBDC).
There are many arguments against CBDCs, but the main one is one already seen with the Canadian truckers’ blockade, where the government ordered the banks to debank and cancel the protesters’ accounts, and even US supporters’ accounts. This shows the present power of the banks, and giving them even more power is to open the floodgates to potentially more of this activity, where individuals and organisations who step out of line get debanked and cancelled. This would have a crippling effect upon dissent, and along with digital identities, which are part of the deal, must all be opposed.
