this post was submitted on 11 Oct 2024
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WHAT WILL A CASHLESS SOCIETY MEAN? (aeon.co)
submitted 1 month ago* (last edited 1 month ago) by BodaciousMunchkin@links.hackliberty.org to c/privacyguides@lemmy.one
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cross-posted from: https://links.hackliberty.org/post/2932106

Image Transcription:

WHAT WILL A CASHLESS SOCIETY MEAN?

THE PROS

CONVENIENCE — THERE WILL NO LONGER BE ANY NEED TO CARRY CASH AROUND

THE CONS

EVERY TRANSACTION YOU MAKE WILL BE TRACKED YOUR SPENDING HABITS CAN BE LINKED TO YOUR CARBON FOOTPRINT

YOU WILL ONLY BE PERMITTED TO SPEND ON THINGS THE GOVERNMENT APPROVES OF. THINGS THAT ARE DEEMED TO BE LUXURIES — MEAT, FUEL, TRAVEL — CAN BE RESTRICTED

YOUR MONEY CAN BE PROGRAMMED WITH AN EXPIRY DATE — IF YOU DON’T SPEND IT BY A CERTAIN DATE, YOU'LL LOSE IT

THERE WILL BE NO ‘BLACK’ ECONOMY. IT WILL NOT BE POSSIBLE TO AVOID TAX, BUT THEN YOU WILL NOT BE ABLE TO GIVE POCKET MONEY TO CHILDREN OR GRANDCHILDREN AND NEITHER WILL YOU BE ABLE TO BORROW OR LEND MONEY TO FRIENDS WITHOUT THAT BEING TAXED BY THE GOVERNMENT

PARKING AND SPEEDING FINES WILL BE TAKEN AT SOURCE, WITHOUT THE POSSIBILITY OF CHALLENGE AND POSSIBLY EVEN WITHOUT YOUR KNOWLEDGE

IF YOU PROTEST THE ACTIONS OF THE GOVERNMENT, YOUR MONEY CAN BE SWITCHED OFF. IF YOU THINK THAT’S UNLIKELY, IT’S ALREADY HAPPENED TO TENS OF THOUSANDS OF CANADIANS WHEN THEY PROTESTED AND IT ALSO HAPPENED TO A BRITISH JOURNALIST

A CASHLESS SOCIETY MEANS THE END OF HUMAN FREEDOM

IF YOU WANT THAT, DO NOTHING

IF YOU DON'T, THE FIRST THING YOU MUST DO IS RESPOND TO THE GOVERNMENT'S PROPOSAL ON DIGITAL ID, UPON WHICH A CASHLESS SOCIETY MUST BE BASED

https://www.gov.uk/government/consultations/draft-legislation-to-help-more-people-prove-their- identity-online/consultation-on-draft-legislation-to-support-identity-verificat

Image Credit: Brett Scott

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[–] LWD@lemm.ee 25 points 1 month ago* (last edited 1 month ago) (1 children)

I wasn't going to make a generic comment about how cryptocurrency is only worth money to people if they can convince other people to also purchase the cryptocurrency...

... But then I looked at your post history, and it's like a week of pivoting conversations to be about Monero.

Edit: oh god it was worse than I thought

[–] ReversalHatchery@beehaw.org 4 points 1 month ago

It's (actually) funny being put that way, especially the last one. well they are active in the Monero community too, so there's that. maybe they're just hyped for it. I mean I was excited too for the first purchase I made with Monero, but yeah, this above might be another level