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In recent months, the notion of a cashless society has been seen as a lot more appealing to people, primarily for âsafetyâ reasons. However, a cashless society would ensure the following:
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⢠All of your movements are traced based on the locations you scan your card
⢠Banks will have full control of every penny you own
⢠Every transaction you make will be recorded
⢠You will be taxed on every penny in your possession
⢠The government can block and deny you
⢠All of your movements are traced based on the locations you scan your card
⢠Banks will have full control of every penny you own
⢠Every transaction you make will be recorded
⢠You will be taxed on every penny in your possession
⢠The government can block and deny you
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access to your money whenever it wants to
⢠The government will decide what you can and cannot purchase
⢠If your transactions are deemed questionable in anyway, your accounts will be blocked or frozen.
access to your money whenever it wants to
⢠The government will decide what you can and cannot purchase
⢠If your transactions are deemed questionable in anyway, your accounts will be blocked or frozen.
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Obviously thereâs nothing we can do to stop this. If the powers that be wish to implement this then thatâs that. But there are a couple of things we can do. First of all, we can continue to use cash whenever we pay for things, and taking business elsewhere if itâs card only.
Obviously thereâs nothing we can do to stop this. If the powers that be wish to implement this then thatâs that. But there are a couple of things we can do. First of all, we can continue to use cash whenever we pay for things, and taking business elsewhere if itâs card only.
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And more importantly, if you need/want to buy anything that would be regarded as âquestionableâ by the state in the future, buy it now...in cash.
And more importantly, if you need/want to buy anything that would be regarded as âquestionableâ by the state in the future, buy it now...in cash.
