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privacypost@poliverso.org to Privacy@lemmy.ml ·
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2 years ago

In a cashless society, banking and tech elites control everything

poliverso.org

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In a cashless society, banking and tech elites control everything

poliverso.org

privacypost@poliverso.org to Privacy@lemmy.ml ·
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2 years ago
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CASH AND DIGITAL PAYMENTS MUST NOT BE EXCLUDING EACH OTHER, BUT MUST CO-LIVE TO AVOID THE CONCENTRATION OF POWER TOWARDS BANKING AND INSTITUTIONAL OLIGOPOLIES

@privacy

“a cashless society would sound the death knell for small businesses, and wipe out any remaining privacy we have, paving the way for a fully-fledged surveillance system”

(thanks to @zughy for reporting)

sobel Cockerell’s interview with Brett Scott has been published on Coda Story

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  • sexy_peach@feddit.de
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    2 years ago

    I also don’t like a cashless society. But if there were a good implementation of digital currency, like gnu taler, that would pretty much take the way cash works now into the digital realm.

    It’s possible, but not likely to be suggested by the big monopolists and surveillance people.

    • krolden@lemmy.ml
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      2 years ago

      <3 gnu taler. Really hope it succeeds.

  • sexy_peach@feddit.de
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    2 years ago

    Also, please don’t post with huge font…

    • privacypost@poliverso.orgOP
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      2 years ago

      @sexy_peach That’s better?

      • sexy_peach@feddit.de
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        2 years ago

        did you make it even bigger?

        • privacypost@poliverso.orgOP
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          2 years ago

          @sexy_peach Actually I reduced from H2 to H4 and the result is now here

          • Helix 🧬@feddit.deB
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            2 years ago

            Or you could just use the regular size? Screaming on the internet is even more useless than IRL.

  • frippa@lemmy.ml
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    2 years ago

    When I say that people will call me a conspiracy theorist, but when Canada froze the bank accounts of protestors no one spoke Bank interest isn’t keeping up with inflation anyways

  • sub_ubi@lemmy.ml
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    2 years ago

    I think billionaires have extreme influence over me regardless of what type of money I use.

  • Anders Rytter Hansen@rytter.me
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    2 years ago

    @privacypost @zughy The people will always find a way.

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