🔹A cashless society means no cash. Zero.
🔹It doesn’t mean mostly cashless and you can still use a little bit now and then, here and there.
🔹Cashless means fully digital, completely traceable, automatically controlled.
A Cashless Society Means:
🔹No more tuck away cash for those preparing to leave domestic violence.
🔹No more purchases off market without risking bank transfer fraud.
🔹No more garage sales.
🔹No more cash donations to the homeless or the hungry you might encounter.
🔹No more cash slipped into the hands of a child from their grandparent.
🔹No more money in birthday cards.
🔹No more piggy banks or tooth fairy for your child.
🔹No more selling bits and pieces from your home that you no longer want or need for a bit of cash in return.
🔹More difficult to tip your server, doorman, driver, luggage handler, concierge, etc.
🔹Less choices of where you shop based on affordability.
What a Cashless Society Does Guarantee:
🔹Banks and the government has full control of every single cent you own.
🔹Every transaction you make is recorded.
🔹You become more susceptible to failures and hackers.
🔹You remain susceptible to cyber threats.
🔹Your movements and actions become much more traceable.
🔹Today you can purchase whatever you want. In a cashless society, you may be limited to what the government (or regulatory agencies) allow you to purchase: rations, fuel, guns, food, medicine, etc.
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