LogFAQs > #914978986

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Topichow to spot a stupid person: he/she embraces a cashless society
KILBOTz
12/31/18 12:32:36 PM
#24:


gikos posted...
KILBOTz posted...
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.

wait you think the govt can't trace the source of hard cash back to you
...dude you know paper cash comes with serial numbers right


And you think they can trace every bill to every citizen? When I break a $100 and get change back, you think the grocery store has been tracking the serial number intake and who gets what serial number in change?
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