Nigel Farage, the former leader of Brexit and current advocate for financial reform, has issued a stark warning about the dangers of a cashless society, citing the way a vengeful government treated Canadian vaccination mandate protestors as a possible future.
In response to the attempt to debank him personally, Nigel Farage has been advocating against woke businesses. This experience made him aware of how pervasive this issue is growing in the United Kingdom. He has shown himself to have become a target of politically driven debunking, but there are also larger problems with financial institutions overcorrecting against “politically exposed persons.” The punishment of those who use cash in their everyday lives, which is part of a bigger movement towards a cashless society, maybe the most pervasive. Banks penalize these individuals for their company or personal practices.
Farage issued a caution against a shift to entirely digital currency, saying doing business online would subject the general population to government scrutiny of every expenditure, which might have catastrophic repercussions. This week, the Brexit leader said to GBNews: “Look, that’s what happened in Canada. Recall the Canadian truck drivers. Many individuals who had been conducting their company lawfully for years opposed the unexpected introduction of a vaccination requirement. What did Justin Trudeau, the prime minister, do after their peaceful demonstration in Ottawa? Their bank accounts were frozen by him. You know, there are a lot of horrifying ways that this may be abused.”
“The largest Canadian banks’ trade association stated this week that banks would strive to implement a federal emergency order freezing truckers’ as well as their parent firms’ bank accounts.” This was according to a MarketWatch story from the time.
The metro liberal elite, as they are frequently referred to in British political debate, may think contactless payments are an absolute no-brainer, but the reality is far different in the other parts of the country—and that is before you could even consider worries about personal security. “You are in London, you travel around London, and all you have to do is tap using your card,” Farage added. However, if you leave London and enter our rural and seaside villages, the reality is very different.”
“Cash must continue to exist for practical and personal security reasons, which have Big Brother implications. It’s not hard to imagine what I want to hear the chancellor from the exchequer say after that: ‘Legal tender will continue to be legal tender,’ plain and straightforward.”