| Topic: | Re:Re:Re:Re:Re:The cashless society: is it time? | |
| Posted by: | Brian Woodgate | |
| Date/Time: | 11/07/17 10:36:00 |
| "I'm not sure the end of cash will do much more to compromise the way in which our lives are already intruded upon" I think that analysis is faulty. People are sleepwalking into this. Without cash the state basically owns and controls your own wealth and your access to it: they can introduce spending controls / limits, they can prohibit you from buying specific things, they can introduce negative interest rates to encourage you to spend more, they can impose arbitrary saving's levies, you wake up one morning and 10% of your savings are just gone, they can control how you are able to move your savings around, for example preventing you from moving it to an overseas bank etc etc - they can do all sorts of things. And yes, even your small purchases would inevitably become marketing data to profile and target you, and at the very least government departments would have to access to your data profile, which could be used to control your access to services. This is the way it's going. A fellow called Tiberius once said: "How eager they are to be slaves". But what's happening in 21st century Britain is off the scale. Have they put something in the water? |