Post
Topic
Board Economics
Re: Nowhere to Hide: IMF Advocates a Cashless World
by
davis196
on 12/05/2017, 11:53:25 UTC
Banks want full control over the transaction of money.

That's what a "cashless" world would give them.

A monopoly over currency exchange.

Monopolies restrict progress and innovation. They're centralized hierarchies which enable exploitation and abuse of power.

Monopolies have been bad for civilization and society from a historical perspective.

They're one of the primary reasons healthcare is unaffordable and expensive for many.

Tht`s right,but i still don`t know is bitcoin more centralized than before?Are the core devs acting like
the financial elite?Just asking. Grin
We wan`t a world without banks,not a cashless world.