Many of us are aware there is a push by the technocrats, banks, by government bodies and many businesses to force digital currency on all of us. And many of us are concerned about the potential harms that a cashless society may bring.
Here is a deeper look into the harms of a cashless society. And when we look at the issues through a wider lens, it's clear the only winners in a cashless world are those pushing it.
Below is a list, but not an exhaustive one, of the problems of a world that solely operates on digital currency:
Proponents of non-cash payment systems point to one of the biggest downsides of cash: the risk of loss or theft. That security risk is real, and one should exercise caution with large purchases. That said, the security considerations are not one-sided. The harms that can result from privacy invasions (abuses, profiling, embarrassment, financial losses, etc.) should also be included in the concept of “security,” properly conceived. And payment networks have security risks that cash does not; ask anybody who has experienced identity theft and was forced to wrangle with a nightmare mix of credit card companies, debt collectors, credit scoring agencies, and others.
What can you do to STOP a digital economy?
A cashless society is a technocratic “dream”. It's a vision in which we discard what is left of the anonymity that has characterized urban life since the dawn of modernity, and our freedom from the power of centralized companies like banks. Doing without cash may be convenient at times, but if we lose cash as an option we’re going to regret it later.
You can download the "I USED CASH TODAY" business card template, just cut along the lines to make business cards you can carry with you to give to staff when you shop or dine. Spread the word!
KEEP CASH ALIVE!