War on Cash

The Bundesverwaltungsgericht in Leipzig, Germany’s highest administrative court, has set the date for hearing my complaint against the refusal of the German public broadcasters to accept the payment in cash of the “Rundfunkbeitrag”. That is the fee that all Germans have to pay by law to finance public braodcasting. At stake is the meaning of legal tender. Can public institutions refuse to accept the settlement of a money debt by means of the legal tender? Aktenzeichen: BVerwG 6 C 6.18

The International Monetary Fund (IMF) in Washington has published a Working Paper on “de-cashing”. It gives advice to governments who want to abolish cash against the will of their citizenry. Move slowly, starting with seemingly harmless measures, is part of that advice.

Continue reading “IMF tells governments how to subvert public resistance against elimination of cash” →

As an esteemed member of the European public, you might be unaware that the EU-Commission is keen on knowing your opinion on possible restrictions on cash payments. Now you know. You should certainly let the EU know about your opinion, so they don’t make their decision based only on the input of those who make money on digital payments or want your data. You can answer the questionnaire in English or any other official EU-language. There is an opportunity to upload a document, in which you lay out your position on cash restrictions.