Bartering has been a part of civilization since the dawn of time. The idea of a cashless society could be one of the greatest threats to freedom in human history.
- the government can see your financial records
- in 2083 the world will merge into a one government system. a global currency is part of this plan.
- your money will be frozen or reduced at will by the ruling party. bought a pizza instead of that aspirin? you'll pay for that.
- got lucky on the horses? no you didn't.
- popped around to Sue's house at number 32? explain why the visit cost 1,000 bhat.
- seizing money from citizens first and asking questions later via civil forfeiture. by seizing a citizen’s or a firm’s money, the victim/defendant has almost no choice but to settle.
- imagine a future in which soon, a government staff member could suspect an individual of some misconduct, or perhaps deem that person’s politics or speech unacceptable. it would take just a few keystrokes to order all financial institutions to decline any withdrawal or payment from that individual.
How about you? Do you still use cash or do prefer the cashless society?