LogFAQs > #914978776

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Topichow to spot a stupid person: he/she embraces a cashless society
KILBOTz
12/31/18 12:27:11 PM
#17:


DevsBro posted...
KILBOTz posted...
DevsBro posted...
What negative effect is there to doing away with cash?


its an end to financial privacy.

Meaning..?


Meaning if you are a college student and buy weed, that is recorded and will follow you forever. I imagine China's social credit system will have aspects picked up by other countries and cashless will make it easier to have a lifetime profile on your citizens.
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