Zod Above Pugetropolis
11/11/19 3:41 pm
Not unless there is a way to make "electronic currency" free, available to everyone without needing to first establish some kind of account, and transactions using it anonymous and untraceable. At a minimum. I don’t see any of those things happening anytime soon, much less all of them.
bnnt Los Angeles
11/11/19 12:18 pm
Sounds like some dystopian sci-fi nightmare waiting to happen.
“It’s for the best! It’ll be easier! Less costly for people” -governments, businesses and banks
Reality - government and business tracking every move for taxing and marketing opportunities. Surveillance. Digital Money laundering by 3rd world counties. Digital warfare by terrorist nations. Bartering underground economy using anything of value like some medieval village.
11/11/19 9:42 am
The only time I handle cash is to pay my housekeeper and it drives me nuts that he doesn’t accept Venmo/PayPal/ApplePay like the rest of my service people. I rarely carry a credit card with me anymore, let alone my wallet. NYC, everyone accepts ApplePay.
11/11/19 9:40 am
Probably the worst idea ever. Among other things, it’s been shown in studies that people tend to spend more on average with a card than cash. People’s entire concept of money would go away.
EatMoreMeat Counting the Fallacies
11/11/19 9:34 am
No. This will make everything more expensive because you’ll overload current cyber security demands and sorry but not all transactions need to be on the books. This allows everybody to keep an eye on YOUR money. Also poor people would be adversely affected.
11/11/19 9:27 am
credo Positive Rights Exist
11/11/19 9:00 am
There are probably some practical reasons for doing this, but I can't help but think of end times prophesy about the mark of the beast and not being able to buy or cell without it. Electronic currency makes me nervous.
Comments: Add Comment