Re:'Cashless society'?.. more like 'privacy-less'
on
The Future of Money
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· Score: 1
I agree. We should be very careful how much power we allow governments to have over us. Imagine the power of controlling a cashless society where every purchase is tracked and stored in a database. You don't have to be a conspiracy theorist to realize that this should be avoided for the same reason we try to keep governments from maintaining a list of every firearm every person owns (which has been abused countless times by governments).
Even if you're not worried about increased government control/surveillance, worry about the irresistable lure of banks and/or governments to tax/charge every transaction. At first it would be free, but gradually increased (taxes/service fees always go up so easily, but even the smallest decreases are very hard fought).
Anyways, I'm disappointed from the/. posts I've seen on this subject so far. Usually, posters are leery of ideas that would infringe on privacy/freedoms, but for some reason are a little too naive on this issue.
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I agree. We should be very careful how much power we allow governments to have over us. Imagine the power of controlling a cashless society where every purchase is tracked and stored in a database. You don't have to be a conspiracy theorist to realize that this should be avoided for the same reason we try to keep governments from maintaining a list of every firearm every person owns (which has been abused countless times by governments). Even if you're not worried about increased government control/surveillance, worry about the irresistable lure of banks and/or governments to tax/charge every transaction. At first it would be free, but gradually increased (taxes/service fees always go up so easily, but even the smallest decreases are very hard fought). Anyways, I'm disappointed from the /. posts I've seen on this subject so far. Usually, posters are leery of ideas that would infringe on privacy/freedoms, but for some reason are a little too naive on this issue.