Post
Topic
Board Economics
Re: Why we should fear a cashless world
by
noah tall
on 04/05/2018, 12:49:14 UTC
Poor people and small businesses rely on cash. A contactless system will likely entrench poverty and pave the way for terrifying levels of surveillance

http://www.theguardian.com/money/commentisfree/2016/mar/21/fear-cashless-world-contactless

Discussion
Lol of course it’s true you’re supposed to fear a cashless world. Cash is very important no matter how far we go with technology, and know this – there will always be poor people, beggars on the streets and illiterates no matter what you do about it. Well, apart from them there are lots of reasons why we need cash no matter what. All I know is cash is very important and you can’t stop the use of cash cause people who are in their right senses won’t support such an idea. That’s the truth.