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Over 500,000 Austrians demand ‘right to cash payments’ be added to country’s constitution
By John Cody Rio Times
As central banks and globalist institutions rush to transition the world to digital currencies, Austrian citizens delivered a massive grassroots rejection of ending cash.
More than half a million Austrians have signed a petition calling for a referendum on the constitutional enshrining of the right to unlimited cash payments.
In a country of 8.9 million, the massive show of support for the “right” to pay with cash demonstrates the growing movement against digital cash (CBDC) promoted by central banks across the world and institutions like the World Economic Forum (WEF).
The deadline for submission of petitions regarding proposals for seven national referendums ended on Monday.
As reported by the Austrian daily Kurier, the right to cash payments received the most support from seven different petitions, with 530,938 Austrians signing it.
Only petitions that receive the signatures of 100,000 citizens or more can force a debate in parliament on the topic.
Given the overwhelming support behind the “right to cash” petition, there may be intense pressure to move forward with an effort to secure cash payments in the country.
Unlike Greece, the U.K., Scandinavia, and the Benelux countries, cash is still king in Austria, Germany, and Switzerland, which have all bucked the trend towards a cashless society.
In Austria, 50 percent of all transactions are still conducted in cash, far above the European average of approximately 30 percent.
lorphicweb.com/over-500000-austrians-demand-right-to-cash...
Over 500,000 Austrians demand ‘right to cash payments’ be added to country’s constitution
By John Cody Rio Times
As central banks and globalist institutions rush to transition the world to digital currencies, Austrian citizens delivered a massive grassroots rejection of ending cash.
More than half a million Austrians have signed a petition calling for a referendum on the constitutional enshrining of the right to unlimited cash payments.
In a country of 8.9 million, the massive show of support for the “right” to pay with cash demonstrates the growing movement against digital cash (CBDC) promoted by central banks across the world and institutions like the World Economic Forum (WEF).
The deadline for submission of petitions regarding proposals for seven national referendums ended on Monday.
As reported by the Austrian daily Kurier, the right to cash payments received the most support from seven different petitions, with 530,938 Austrians signing it.
Only petitions that receive the signatures of 100,000 citizens or more can force a debate in parliament on the topic.
Given the overwhelming support behind the “right to cash” petition, there may be intense pressure to move forward with an effort to secure cash payments in the country.
Unlike Greece, the U.K., Scandinavia, and the Benelux countries, cash is still king in Austria, Germany, and Switzerland, which have all bucked the trend towards a cashless society.
In Austria, 50 percent of all transactions are still conducted in cash, far above the European average of approximately 30 percent.
lorphicweb.com/over-500000-austrians-demand-right-to-cash...