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

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?

 

 

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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