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by neverartful 2160 days ago
Not all smart people want a no-currency economy. Having all transactions being electronic means that it's super easy for financial institutions and the feds to track every single purchase you make. It's none of their business to know that much detail.
1 comments

Who says it has to be all-or-nothing? I'm not saying people shouldn't be able to pay with bills, just that more people would use electronic means of payment of it were free, and that the government might come out ahead. I'm not thrilled by taxes going to pay for all the logistics of dealing with pennies and quarters, which are evidently nontrivial.