French Justice Minister Wants To Abolish Cash – altnews.org

Gérald Darmanin suggested that, in order to combat drug trafficking, the best solution was to remove cash. The Keeper of Seals recognizes that the idea is bold. Let's try to understand whether the abandonment of cash would be effective in the face of great banditry. In countries that have already renounced cash, like Sweden, criminals have completely dematerialized money laundering, including cryptocurrency. (Police, justice and other facts).

DECRYPTAGE - For the Minister of Justice, the removal of cash would reduce "the crime of everyday life." Some countries of the European Union have almost tried this experience before promoting, again, the use of coins and banknotes.

French Justice Minister Wants To Abolish Cash

French Justice Minister Gerald Darmanin has proposed abolishing cash transactions. He argues that digital payments, including cryptocurrencies, are much easier to trace than physical money and such a move would help authorities combat drug trafficking [...] The post French Justice Minister Wants To Abolish Cash appeared first on The People's Voice.

French Justice Minister Wants To Abolish Cash – altnews.org

by Niamh Harris, The Peoples Voice: French Justice Minister Gerald Darmanin has proposed abolishing cash transactions. He argues that digital

The Minister of Justice referred to the end of the cash, highlighting its implications for the security, privacy and budget management of the French, as the use of cards and mobile payments skyrockets.

If, as Gérald Darmanin suggests, removing cash from circulation would be a good way to combat trafficking, this assumption is unrealistic.