Spain is now looking towards Bitcoin for financial security
The united states is trying to ban the 50 and 100 dollar bills. India has mentioned that it has banned the 500 and 1000 Rupee bills, and that all citizens have until the end of December to cash them in before they become invalid. Spain is planning to limit the amount of cash you can carry, send or receive per transaction to the max of 1000 Euros. We are not to far off from the average person being able to use Bitcoin in everyday life. Soon everyone will be able to use BTC without having to worry about bills being phased out or having transaction limits.
This shows the importance of having a decentralized currency. Imagine having no access to your money? They have not taken it to this extreme yet but it sure looks like its heading that way. If this kind of war on cash continues then the price of Bitcoin and other digital currencies will go up. Guys the war on cash has begun my advice is to get as much money as you can into Bitcoin. I currently have 0 savings in the bank and all my money is in 3 different currencies. What do you guys think about this war on cash?
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