4 ms·
> "It was fairly clear in our survey that people note cash carries more degree of privacy over non-cash items. And that was one of the key reasons people said t
by DamonHD 9y ago
> "It was fairly clear in our survey that people note cash carries more degree of privacy over non-cash items. And that was one of the key reasons people said they will continue to use cash in their transactions."
WORKSFORME
Though I am generally happy with electronic transactions, and was founder and CTO of an e-money firm, I do not want my every move and activity tracked directly/indirectly via banks. The data will leak from time to time and the results will be messy. Cash allows the insertion of data firewalls into activities.
One of the motivators for the previous company was to provide some anonymity for transactions, eg buying a present for your other half that would not show up on shared accounts, or, equally, buying sex toys or whatever. That motivation is still good. (No, just for the record, neither of those use cases applies to me right now!)