Apart from being a supression of your rights there are lots of people I have met who need to keep cash on hand and some I have been told about like PM buyers, Opal buyers, farmers in remote locals and anyone who just wants to use cash. It is our right to take and use our cash in any form or amount we want. Not all of us are willing to allow politicians to limit what we do with our hard earnt money and using national security to do so is just BS and so many people actually believe it will have an impact on the black market and terrorism. The legislation is set up so a politician can just decrease the level of cash withdrawal to zero with just a memo and no conversation with the people.
If you trust the politicians intent on this then I really have nothing else to say to you on this.
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