Governance

Would You Want To Live In A Cashless Society?

Imagine living in a country where the government knows every single transaction you make, where every single transaction involves financial intermediaries, and at an electronic click, that government could prohibit you from even buying food from a street vendor because you have said something to annoy them?

Imagine living in a country where the government knows every single transaction you make, where every single transaction involves financial intermediaries, and at an electronic click, that government could prohibit you from even buying food from a street vendor because you have said something to annoy them?

What do you think? Would you like to live in a “cashless society?” Am I missing something in the bigger picture?

Photo: Loren Moss

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