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This is a restriction on physical cash, there is no mention of electronic cash let alone cryptocurrency.
by jamez1 7y ago
This is a restriction on physical cash, there is no mention of electronic cash let alone cryptocurrency.
- quickthrower2 7y agoThere is under https://www.treasury.gov.au/sites/default/files/2019-07/exposure_draft_-_explantory_memorandum.pdf https://www.treasury.gov.au/sites/default/files/2019-07/expo...
- darcys22 7y agoThe definition of Cash under this legislation is: cash means either or both of the following: (a) digital currency; (b) physical currency.
- Mengkudulangsat 7y agoPhysical cash is still a very valuable thing [1], and restrictions to it should be resisted on principal, not just because of technological progress. [1] https://aeon.co/essays/if-plastic-replaces-cash-much-that-is-good-will-be-lost https://aeon.co/essays/if-plastic-replaces-cash-much-that-is...