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> Giving everyone freedom to transact purely in untraceable cash takes away freedom to transact how you want, and also enables fraud and money laundering. So w
by colejohnson66 7y ago
> Giving everyone freedom to transact purely in untraceable cash takes away freedom to transact how you want, and also enables fraud and money laundering.
So we should ban cash because it’s used for money laundering?
- mullingitover 7y agoWho said anything about banning cash? The ACLU's position is that they want to force businesses to accept cash.
- colejohnson66 7y agoYou said cash enables fraud and money laundering
- mullingitover 7y agoI mean, it does. It also adds overhead and danger to operating a business since cash makes you a target for robbery. Now we might be able to use facial recognition to quickly find the robbers, but apparently that's bad.
- colejohnson66 7y agoIt’s bad because it’ll be abused. We have hundreds (thousands) of documented cases of the governments abusing their power when it comes to technology. We specifically have cases of NSA workings spying on their ex-significant others[0] [0]: https://www.reuters.com/article/us-usa-surveil-lance-watchdog/nsa-staff-used-spy-tools-on-spouses-ex-lovers-watchdog-idUSBRE98Q14G20130927 https://www.reuters.com/article/us-usa-surveil-lance-watchdo...