Here in Australia some branches from popular banks have already gone “cashless”…
This obviously just makes me find Bitcoin more and more attractive, regardless of the actual BTC price, but for security.
Atm charges for withdrawal are getting higher and some banks just can’t even give you the money for large withdrawals because they don’t have the cash on site. (Scary)
https://x.com/9newssyd/status/1716362873780269567?s=46
By 2030 Australia is predicted to be pretty much completely cashless.
I’m worried about the Government eventually having say in what you can and cannot buy, similar to a social credit system like they already implement in China.
If this ever became the case, I believe this will only make Bitcoin more desirable and a necessity. I believe it’ll only drive the price up and demonstrate the true importance of Bitcoin.
What are your thoughts if hypothetically a country becomes completely cashless and the effect it may have on Bitcoin?
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