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Coronavirus may Help End the Reign of Cash

posted by martyb on Monday March 23 2020, @09:47PM   Printer-friendly
from the tracking-the-everythings dept.

An Anonymous Coward writes:

Businesses are switching to cashless payment only during the pandemic as people enact social distancing to slow the spread of the COVID-19 virus. This comes after stopping the use of non-disposable cups in cafes and the general reduction of the use of cash across society. This could well be the tipping point to make cashless payments the norm across the world. Some believe it could well be the start of killing off the use of cash for good.

It's not paranoia if you know they are out to get you.

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  • (Score: 5, Insightful) by SomeGuy on Tuesday March 24 2020, @01:16AM

    by SomeGuy (5632) on Tuesday March 24 2020, @01:16AM (#974709)

    The media is pushing switching to cashless payments. Businesses are not.

    Companies that handle electronic money transfers make huge amounts of money from service fees and collecting data. So of course the media, as paid by the credit card/POS system/cell phone payment system companies, will heavily promote this "solution".

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