The Cashless Society is Coming and it's Our Fault

submitted by Jesus from samisdat.info

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[–]cant_even 1 insightful - 1 fun1 insightful - 0 fun2 insightful - 1 fun -  (0 children)

Please outline how 'crypto' will insulate you from:
1. One-click immobilization, impoverishment and un-personhood of "troublemakers".
2. Un-avoidable, moment's-notice "bail-in" of savings/assets to 'rescue' ailing banks.
3. 24/7 tracking of earnings/spending and associates.

In fact, some governments are talking implementation of "GOV-coins", to solidify their stranglehold on the populace. Mad Max is going to have to schlep his 'blockchain' between Barter-Towns on a USB-stick once access to the internet is only possible through mark-of-the-beast biometrics.

Just wait until the next "cyber-terror" scare. The first casualty will be internet anonymity. All that mentioned above will follow.