It is good to see the Epochtimes.com, at least the bits not behind the pay wall, coming out and defending cash. They mention the Optus November 8 outage as one good reason to support a cash economy, but the lesser discussed issue is the fees associated with card transactions. Tap and go saves money for the banks, but while in the early days it was promised that there would be no fees, we now have surcharges for paying with a card, so the banks have once more double-dipped. These surcharges vary, but may be a high as a few percent on a transaction, a cost which does add up in this time of a cost-of-living crisis, and could total as much as hundreds of dollars per year.
We must resist the drive made by the globalist elite for Central Bank Digital Currencies (CBDC) and the elimination of cash. It gives too much power, once more, to those who need less power, or none at all.
