Poor people and small businesses rely on cash. A contactless system will likely entrench poverty and pave the way for terrifying levels of surveillance
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Why we should fear a cashless world | Dominic Frisby | Opinion | The Guardian
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6 years ago by mannacurrency (62)
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It is getting increasingly nervousmaking.
I would say that the next step cryptocurrencies need to focus on — if they are to truly change the way we do things — is establishing marketplaces, centered around these currencies. So we can trade with each other AROUND the fiat banking system. These currencies can't be allowed to just be "investment vehicles."
We need to be able to BUY a cup of coffee with Manna. Or pay for our groceries with Steem. Otherwise... what use is it all, other than "a great ideal?"
=^..^=
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Nothing to fear if crypto is the de facto currency.
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