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In a World Without Cash, Every Payment You Make Will be Traceable

posted by Fnord666 on Friday July 21 2017, @08:04PM   Printer-friendly
from the black-market dept.

canopic jug writes:

With many countries already heading towards cashless transactions, we are facing some hard decisions. These decisions will be made whether we ignore them or not, so to have a say it is essential to be active. These are not new issues, but they are quickly approaching. Dominic Frisby at The Guardian is the latest to take up some of the pertinent questions around the move to a cashless society.

Poor people and small businesses rely on cash. A contactless system will likely entrench poverty and pave the way for terrifying levels of surveillance.

Source: Why we should fear a cashless world

Original Submission

 
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  • (Score: 4, Informative) by stormwyrm on Friday July 21 2017, @11:55PM (1 child)

    by stormwyrm (717) on Friday July 21 2017, @11:55PM (#542642) Journal

    Yeah. I made a submission for the exact same article last year [soylentnews.org]!

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  • (Score: 2) by canopic jug on Saturday July 22 2017, @08:21AM

    by canopic jug (3949) Subscriber Badge on Saturday July 22 2017, @08:21AM (#542811) Journal
    Sorry. On the up side, I guess that confirms that you made a good choice the first time around and picked a sound topic with long term relevance.
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    Money is not free speech. Elections should not be auctions.