• kaidenshi@lemmy.world
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    6 hours ago

    Cash is only “less convenient” for the banks and businesses that would prefer to track you. A cashless society is a society fully stripped of privacy, a society where poor people are guaranteed to stay poor, and where only the rich can afford privacy and security.

    • ADTJ@feddit.uk
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      6 hours ago

      That’s my point.

      Regularly going to ATMs / banks is demonstrably less convenient for both consumers and businesses and safeguarding the cash presents a security risk, especially for small businesses.

      But the alternative of digital payments comes at a huge cost to privacy.