February 19, 2020 | For many years, the European Central Bank (ECB) agreed to cash ceilings or simply ignored the fact that it was not asked for its opinion. That has changed radically. This change of mind might come in handy for my court-case on the right to use cash that is pending at the European Court of Justice (EJC). …
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War on Cash in Germany: Parliament is Looking for Anti-Cash-Experts
February 6, 20202 For its project “World Without Cash”, a Bundestag-committee is inviting bids for an expert opinion that should help pave the way to a cashless future and free the population from their “cash obsession”. …
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Anti-Cash-Alliance Suffers Setback in Home-Town New York
The Better Than Cash Alliance (Visa, Mastercard, Citibank, Bill Gates, USAID) coordinates the global war against cash from New York. Now, the city council there has decided to oblige all brick and mortar stores and restaurants to accept cash. The justification of the regulation is a low blow for the alliance’s financial inclusion propaganda…
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European Court of Justice to decide if public institutions have a right to refuse cash
On 27 March, the highest administrative court in Germany, the Bundesverwaltungsgericht, has referred my case to the European Court of Justice (ECJ) in Luxembourg. I have insisted to pay my legally required contributions to public radio and TV with the legal tender, euro cash. This is not possible according to their regulations. The Bundesverwaltungsgericht has ruled that there is indeed a requirement for all public institutions to accept cash based on §14 of the Bundesbank Act, which makes euro-banknotes legal tender. However, they will ask the ECJ to clarify, if this law is in agreement with higher ranking European law.
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Demonetisation in India was a great success – for the Better Than Cash Alliance
Two years ago, on 8 November 2016 at 8 pm, prime minister Narendra Modi declared most cash in India demonetised, starting a period of several months of severe cash shortage, which imposed a lot of hardship and suffering on the people. The National Herald India invited me to write a guest-comment on the occasion.
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Germany’s highest administrative court will rule on the meaning of legal tender
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
Brave New Money: PayPal, WeChat, Amazon Go – A Totalitarian World Currency in the Making
My book in German* with the translated title: “Brave New Money: PayPal, WeChat, Amazon Go – A Totalitarian World Currency in the Making” has just been published by Campus. I have tanslated the “Introduction and Overview” and part of Chapter 1. I will publish this translation in two parts over the next few days. This is part 1.
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