Post
Topic
Board Economics
Re: The pros and cons of going cashless
by
Maroons
on 14/09/2020, 10:36:10 UTC
Well Only corrupted people would worry about their privacy lol  Apart from that, I don't think the crypto has reached its target yet. It will go through stages of improvements. But I see this is our future!

This means that I have to be corrupt because I avoid KYC and don't want my private data to be used by corporations.
I guess you do KYC wherever you can and send them videos and selfies of yourself just to prove how honest and transparent you are.

I agree with you, sir. I don't usually use KYC, I don't want my information to be leaked nor used by corporations. This may be our future, but I guess it will take a lot of time before this happens. There are a lot of things needed to be considered before it will be pushed through and adapted. Whenever it will happen, I am hoping that the system will be stable.
I also dont use KYC and in order for us to be cashless and to be able to reach the convenience of having a cashless society everyone should be in favor of that which will be hard because not all of us have devices, if we will do it without considering the others it will make the society chaotic for everyone doesn't have the same opportunity, and just like you're hoping that it will be stable, im sure not, it will take years even after it was stablish to be stable.