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There's an alternative to relying on the private sector, which is for cash to be replaced with credit notes. The Irish bank strikes of the early 70s is a nice c
by mostlydefinite 8y ago
There's an alternative to relying on the private sector, which is for cash to be replaced with credit notes. The Irish bank strikes of the early 70s is a nice case study of this happening [1].
I've recently been thinking about a potential solution to the reliance on private institutions in a cashless society. I guess the problem with a "mobile chequebook" or something of the sort is that you are always to some extent dependent on a private service (e.g. phone signal provider).
[1]https://en.wikipedia.org/wiki/Irish_bank_strikes_(1966%E2%80%9376) https://en.wikipedia.org/wiki/Irish_bank_strikes_(1966%E2%80...