Hang on to your cash. This dash to digitise payments is dangerous

Article, Copy, Uncategorized 1 Minute

https://www.theguardian.com/commentisfree/2017/sep/13/cash-digitise-payments-money-cashless

Published in The Guardian, written by Brett Scott who  is a campaigner and former broker:

“In granting financial corporations complete control over the money system, our every economic interaction ends up logged in their databases for analysis. ”

Do we want this?

 

 

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Published by auntyuta

Auntie, Sister. Grandmother, Great-Grandmother, Mother and Wife of German Descent I've lived in Australia since 1959 together with my husband Peter. We have four children, eight grandchildren and two great-grandchildren. I started blogging because I wanted to publish some of my childhood memories. I am blogging now also some of my other memories. I like to publish some photos too as well as a little bit of a diary from the present time. Occasionally I publish a story with a bit of fiction in it. Peter, my husband, is publishing some of his stories under berlioz1935.wordpress.com

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One thought on “Hang on to your cash. This dash to digitise payments is dangerous”

  1. If governments do away with cash, then people will create their own time banks, barter systems and local currencies. New Zealand has a number of time banks and local currencies left over from the 1990s recession – the one in Lytleton was virtually life saving in the aftermath of the Christchurch earthquake.

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