Post
Topic
Board Economics
Re: Why we should fear a cashless world
by
PacePay
on 07/05/2018, 23:16:54 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
I am living in a developing country and in my area I am seeing even uneducated people are interested to know about bitcoin and many of them have invested their money in that currency. I am going to add that this currency is still in the early stage in my country so if it will get more place then these poor and small businesses will also adopt it and if they will adopt then there is a benefit for then to rise their business.