War on Cash Proposals in Australia: Microchip Expiring $100 Bills, Forcing People to Keep Receipts

Australia’s Black Economy Taskforce has come up with a list of 35 “consumer-focused” proposals to crack down on cash. The taskforce blames consumers for holding cash and for not getting receipts. Michael Andrew, the head of the taskforce, proposes nanochips in $50 and $100 notes so the government...

War on Cash Proposals in Australia: Microchip Expiring $100 Bills, Forcing People to Keep Receipts