This is a dangerous movement.There are documents from Visa and I believe Mastercard about how to push for a cashless system, which would be in their best interest. Imagine having to pay a 2% transaction fee on EVERYTHING. Water bill, 2% more. Gas, 2% more, food, 2% more on top of the 2% to 3% inflation that grows each year. Etc. etc. etc. A lot of "futurist" have talked about how cash is archaic but being stuck in ONLY electronic banking, and your just closer to global slavery.
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[ 3.1 ms ] story [ 16.6 ms ] threadElectronic money, even with the 2% fee is still probably much cheaper than using cash.
My main worry is be the loss of privacy.