Post
Topic
Board Economics
Re: Why we should fear a cashless world
by
ymirymir
on 08/05/2018, 19:12:47 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 think we can't rely everything on digital currency because
most of the people today don't have enough knowledge about it yet. Also, there are places where there were no internet connections which is really important when using digital money. Cash is still convenient in our generation today.