We can go even further and create some sort of physical tokens that we can give to each other. These token would be secure, completely private, waterproof and even work offline. Maybe we could even put some pictures on them and make them vision-impaired accessible - the possibilities are endless!
People forget that cash is a technology - a pretty good one too.
I haven’t noticed, but my grocery store recently limitted their cash back to $40, so you have to split your purchases into separate transactions until you have the cash you want.
It’s nothing compared to digital transfers. Sure you can trace via serial number but that’s mostly safe for us normal people. With digital transfer the privacy leaks can affect us normal people as the data can easily leak or be sold, stolen.
We can go even further and create some sort of physical tokens that we can give to each other. These token would be secure, completely private, waterproof and even work offline. Maybe we could even put some pictures on them and make them vision-impaired accessible - the possibilities are endless!
People forget that cash is a technology - a pretty good one too.
Banks are closing ATMs left and right. It is getting increasingly harder to withdraw paper money and it sucks.
I haven’t noticed, but my grocery store recently limitted their cash back to $40, so you have to split your purchases into separate transactions until you have the cash you want.
Cash is more tracable then most think: Article is in German
It’s nothing compared to digital transfers. Sure you can trace via serial number but that’s mostly safe for us normal people. With digital transfer the privacy leaks can affect us normal people as the data can easily leak or be sold, stolen.