British newspapers highlight RISKS of a CASHLESS SOCIETY after major global IT outage

07/31/2024 / By Olivia Cook

British newspapers have warned of the risks that come with moving toward a cashless society in light of the global IT outage that affected Microsoft systems.

According to independent journalist Nick Corbishley, the mainstream media has “played a key role in advancing the Global War on Cash – a war that began with no official declaration but in which propaganda, as with all wars, is a vital weapon.” The IT outage caused by a faulty security update from cybersecurity firm CrowdStrike “appears to have shaken some British media outlets’ confidence in the idea of a fully cashless society.”

The failure of Microsoft systems due to the glitch affected various businesses, including airports, banks, cafes, pubs, supermarkets and train stations – making it impossible for many to process electronic payments. This was particularly challenging for businesses that no longer accept cash.

The advocacy group Payment Choice Alliance (PCA), which campaigns against the move toward a cashless society, named 23 entities whose outlets take only credit or debit cards. According to PCA Chairman Ron Delnevo, the U.K. should have a law requiring all businesses to take cash.

“There will always be outages,” Delnevo told the Guardian. “But if there’s no alternative, then the whole thing can collapse around you.”

PCA Campaign Manager Martin Quinn explained: “I don’t want banks, credit card companies and even online retailers to know every facet of my life.”

The GMB trade union said the outage reinforced what it had been saying for years – that “cash is a vital part of how our communities operate.” It continued: “When you take cash out of the system, people have nothing to fall back on, impacting on how they do the everyday basics.” (Related: The CrowdStrike global outage shows the serious dangers of a centralized, digitized world.)

Globalists want to do away with cash

Corbishley also recounted the plot to do away with cash payments. One such instance happened in 2007, when contactless payments were still new.

Spanish economist Guillermo de la Dehesa described “cash” as a major source of criminal activity in an article published that year in the Spanish newspaper El Pais. He suggested that without cash, the world would be safer and more unified because the main driver of illegal activities would be eliminated.

Six years later in 2013, Mastercard sponsored an Oxford University study examining the bacteria on banknotes from various countries. The financial giant had the exclusive rights to release the findings, which they did along with a survey on public perceptions of the health risks associated with cash. German financial journalist Norbert Haring pointed out that the global media amplified these findings, spreading concerns about cash being “unhygienic.”

This set the stage for what happened in 2020, during the Wuhan coronavirus (COVID-19) pandemic. At the time, a World Health Organization (WHO) official responded affirmatively when asked if banknotes could spread the virus. This statement was quickly picked up and exaggerated by media outlets worldwide, fueling fears about the safety of using cash.

Central bankers have acknowledged that the pandemic accelerated the shift away from cash toward contactless, mobile and online payments. Author and cash advocate Brett Scott noted that since the pandemic, the private sector – including major finance tech and retail companies – has intensified its efforts to reduce cash use, using public fear of physical contact to further their agenda.

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Watch this video about how the global IT outage has shown the perils of going cashless.

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