First the banks wanted to limit #AUStriches transferring money to crypto exchanges.

Now they’re telling customers not to withdraw cash.

All for their own good of course!

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Discussion

This recession was caused by people hoarding cash next?

Probably.

It’s definitely not the government’s fault though, that much is for sure.

Use prepaid banking services, such as Revolut, and only keep as much fiat as you’re willing to loose 😂

What is the difference?Revolut and MasterCard then have you tx history

1) They do not put holds on sending funds to “crypto” companies.

2) “Only put in them what you are willing to loose” - only use if you have to use it for fiat rails receiving, then buy bitcoin with it.

3) For spending, use the Bitcoin company NKYC prepaid debit cards.

4. Profit.

The monetary controls are clamping down fast here.

Most people do not realise.

CBDC is already here but it's just called the AUD.

Yup all bank transfers already go through RBA (OSCO), it was originally, an opt in product for faster transfers..

Happened quite a few years back!

Unbelievable

Which bank is this?

Makes sense, they don't have it do they

australia is on the highway to becoming a failed state