Old Geezer
The Government cannot access your financial records.
And even if we were to return to a cash-based society, the government could track you by various other means as detailed previously.
The petition states this:
I call on the Government to introduce legislation to protect the status of cash as legal tender and as a widely accepted means of payment in the UK until at least 2050.
There is no move to stop cash being legal tender. Unless the petition is calling for all businesses to accept cash - and that's unacceptable. If it's inappropriate for a business to accept cash, then so be it. If you forced bricks and mortar businesses into this cash model but didn't do the same for online retailers - you'd be adding unfair cost into the market.
You wrote:
As the video mentions, if you get refused access to your wealth because it's just in data form, then with your virtual wealth unavailable you have nothing left to fall back on. How big an incentive for compliance is that ?
What video????
Besides - if you want to get your cash out of a bank and have it in paper form right now, you can.
You also wrote:
'There are more than enough reports of various global power groups pushing for these type of changes worldwide"
A link would be helpful.