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Nigel Farage warns about ‘tyranny’ of cashless society after getting debanked – LifeSite

(LifeSiteNews) — Mr. Brexit Nigel Farage is crying foul after a British banking group that held his money for over 40 years closed his accounts “without explanation.” 

“There is an all-out war on cash,” he exclaimed. “It’s about control of our lives at every level. It will inevitably end up with central bank digital currencies.” 

Farage revealed on GB News that two months ago he received a phone call from a representative he had never spoken to before. He said he was told that for “purely commercial” reasons his accounts with Coutts bank were being closed. 

Stunned, Farage said he considered leaving the country.  

“Has Britain gone so far down the road of authoritarianism that it is too late to turn back?” he wondered in an article for The Telegraph. 

Farage has also stated that members of his own family were targeted. He has since said that he believes he was “de-banked” for “political” reasons. 

“It’s become clear to me that I cannot get a bank account,” he said. “It means that you’ve become a non-person.” 

“This is serious political persecution at the very highest level of our system.” 

Just days ago, Farage claimed that a total of nine banks have turned him away. He blames a British law regarding “politically exposed persons” for their decisions. He also believes the banking industry is pushing for a cashless society. 

“The ultimate fear is if we get CBDCs (Central Bank Digital Currencies), we could finish up like the Canadian truckers — people who were within the law, found themselves outside the law, and had their bank accounts frozen. Controlling people’s money would be the ultimate form of tyranny.” 

As previously reported by LifeSite, the World Economic Forum as well as other leading first-world nations have started building the framework for digital currencies to be introduced across the globe. Critics fear this will result in a Chinese-type surveillance state where a person’s wealth can be confiscated within seconds if they are deemed to be too conservative or a “threat to democracy.”

The BBC has reported that Farage had to have his account closed because it fell below Coutts’ required £1m balance threshold. But Farage observed that other Brits have come forward and admitted they do not have that amount in their account and are still active.  

GB News has launched a petition titled “Don’t Kill Cash” that has garnered more than 213,000 signatures. It seeks to protect cash as legal tender until at least 2050. 

“More than five million adults still rely on cash in the UK and it’s used in six billion transactions every year, but there are strong vested interests pushing for it to be permanently replaced by debit and credit cards and other electronic payments. These cost you more in the long run and enable 3rd parties to track you and your spending,” the petition reads. 

Farage led the fight to remove Britain from the European Union in 2016. He told LifeSite in 2021 that the West is under attack by “cancel culture.” 

“We’re up against Marxism and it wants to destroy the Judeo-Christian culture about which our countries are built,” he said at the time. 

To read more of LifeSite’s coverage on digital currency, click here. 

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