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The problem is that its a digital prison for normal people. If there is no cash then bank accounts, CC and transactions should be free, as cash is free itself.
by NiklasMort 9y ago
The problem is that its a digital prison for normal people. If there is no cash then bank accounts, CC and transactions should be free, as cash is free itself. But they are not. It's just a money making machine for banks and CC companies.
Furthermore if people want to hide something they'll manage, especially if it about big money.
- sliverstorm 9y agoTechnically paper money is not free either, people support the paper money machine with their taxes and in the cost of goods. Money must be printed & reclaimed & replaced, bills must be counted & sorted & transported, etc. Any currency system has overhead, the paper money overhead is just very hidden. So if the fees are appropriately low, a system of private banks and CC's could be ultimately similar in cost to normal people.