LogFAQs > #914979189

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Topic	how to spot a stupid person: he/she embraces a cashless society
gikos 12/31/18 12:37:03 PM #26:	KILBOTz posted... 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? yeah you have a point but the point was the govt has the means to keep check where the cash flows if they ever put their mind to it but for now china is busy screwing there citizen in other area wait you live in china? i thought you live in usa or i am mistaking you for someone else --- "You can pretend to be serious; you can't pretend to be witty." - Sacha Guitry (1885-1957) <cite>gikos posted [p:914979189] in how to spo... [t:77349367]...</cite> <quote><cite>KILBOTz posted...</cite> <quote><cite>gikos posted...</cite> <quote><cite>KILBOTz posted...</cite> <quote><cite>DevsBro posted...</cite> <quote><cite>KILBOTz posted...</cite> <quote><cite>DevsBro posted...</cite> <quote>What negative effect is there to doing away with cash?</quote> its an end to financial privacy.</quote> Meaning..?</quote> 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.</quote> 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</quote> 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?</quote> yeah you have a point but the point was the govt has the means to keep check where the cash flows if they ever put their mind to it but for now china is busy screwing there citizen in other area wait you live in china? i thought you live in usa or i am mistaking you for someone else --- "You can pretend to be serious; you can't pretend to be witty." - Sacha Guitry (1885-1957) </quote> ... Copied to Clipboard!
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