The “Cashless Society” is a Horrible Idea
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The “Cashless Society” is a Horrible Idea
Phasing out physical money may be convenient for some, but it leaves a lot of people worse off.
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Adrian Riskin 🇵🇸🍉replied to Alice Marshall last edited by
@AliceMarshall good article, but the conclusion seems a little naive:
"At best, it shows that the industry leaders pushing “cashless” systems haven’t thought it through properly; at worst, it shows that they just don’t care. "
The third and most likely reason is that they're making money from it and/or directly benefitting from the consequences the author describes, e.g. starving homeless people out of neighborhoods, etc.
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