No...just no. Not only should we not head towards a 'cashless' society, but we should head backwards into a Gold standard society.
This is unacceptable. Then how would one be able to hide money (getaway money?). I hoard cash. If my assets & accounts are frozen by the govt. I can use the cash that I stashed away or buried in the backyard. This wouldn't be possible anymore.
Also lets talk about what money is. IN a free market, the people determine what's valuable as a intermediary exchange for goods. It can be salt, it can be sugar, it can be gold/silver. The people chose Gold as a valuable exchange for centuries instead of bartering the chicken for the cow. Or giving away the Cow for services from a Doctor. We don't have this anymore with the current, paper money system where the Govt put artificial value on their paper. And now you wanna go even a step further with digital money....where simple numbers are being shuffled around on the net?? This may be a good thing for boxingscene points system, but that's it.
I guess the hackers would win in this as they can simply create digital money out of thin air, instead of having to counterfeit the paper. Just stop this progressive nonsense, embrace Capitalism and go do something with your life.
This is unacceptable. Then how would one be able to hide money (getaway money?). I hoard cash. If my assets & accounts are frozen by the govt. I can use the cash that I stashed away or buried in the backyard. This wouldn't be possible anymore.
Also lets talk about what money is. IN a free market, the people determine what's valuable as a intermediary exchange for goods. It can be salt, it can be sugar, it can be gold/silver. The people chose Gold as a valuable exchange for centuries instead of bartering the chicken for the cow. Or giving away the Cow for services from a Doctor. We don't have this anymore with the current, paper money system where the Govt put artificial value on their paper. And now you wanna go even a step further with digital money....where simple numbers are being shuffled around on the net?? This may be a good thing for boxingscene points system, but that's it.
I guess the hackers would win in this as they can simply create digital money out of thin air, instead of having to counterfeit the paper. Just stop this progressive nonsense, embrace Capitalism and go do something with your life.
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