![Biden signs Executive Order to create US Digital Currency. Keep in mind Australia is removing ATMs as they are going cashless. - March 9, 2022 [1546x1518 - 364KB]](https://poal.co/static/images/I69U9g.png){kind=link}
I was thinking about the Australian ATM thing the other day as I'm from there.
Anecdotally, I've not noticed any less ATM's. What I HAVE noticed is that the big bank ATM's go and are replaced by independent 3rd parties; you know, the ones that charge a few extra bucks per transaction.
The stats show that non-bank owned ATM's are increasing. I suggest they're just replacing the bank ATM's and splitting the fee with them as a way to extract more money from the peasants. Would be unsurprising if the banks secretly own a lot of those 3rd party ATM suppliers.
I was thinking about the Australian ATM thing the other day as I'm from there.
Anecdotally, I've not noticed any less ATM's. What I HAVE noticed is that the big bank ATM's go and are replaced by independent 3rd parties; you know, the ones that charge a few extra bucks per transaction.
The stats show that non-bank owned ATM's are increasing. I suggest they're just replacing the bank ATM's and splitting the fee with them as a way to extract more money from the peasants. Would be unsurprising if the banks secretly own a lot of those 3rd party ATM suppliers.
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