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by imtringued 1416 days ago
>But that's the point: people will not be able to buy a loaf of bread if they don't meet with the system's approval.

...

Seriously, your argument is that privacy violations will cause people to starve? not the fact that there is a currency monopoly and you can't issue your own currency and start your own regional economy from scratch if the currency is concentrated in the hands of rich people and hence cannot be used and you must constantly borrow new money into the system which eventually gets saved by the rich forcing you to go to the bank and ask them permission over and over again? The dystopia you are imagining is already there. The only thing you're losing is privacy which is solved by GNU Taler.

2 comments

That is not that they're arguing at all, they are arguing that those who are locked out of the system by the government or banks or corporations will be starved by a cashless system. They would either be locked out by not having a bank account or device to participate in the system with, or by having their accounts suspended.
Were you able before to issue your own currency and start your own regional economy from scratch? Where and when?
Local alternative currency systems[0] have existed for a long time in many cities. They're small and fringe, but they exist. Amsterdam, for example, has NOPPES[1]. But these systems are not threatened by electronic payment systems.

[0] LETSysteem, or Local Exchange Trading System

[1] https://noppes.nl