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by varispeed
1419 days ago
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Example from today - I was in a supermarket and all self-checkout machines that accept cash were defunct except one, so there was a huge queue of people who wanted to pay with cash and no queue of people paying with card. I see that there is a silent war on cash - they try to make it as inconvenient as possible and then claim not enough people use it to sustain Cash Points, cash self-checkout etc. Digital money remove agency from people. You no longer own it - you just have access to it that it can be withdrawn on a whim (see Trudeau casus) and then they will be deciding what you can or cannot buy based on your profile.
Google about CBDC - programmable money that is in the works. Cash stands in the way. |
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Also in the UK recently I encountered for the first time a supermarket where self-service was the only option. As I was buying beer, before I would complete my transaction it had to be approved by a human, which seemed to defeat the purpose.