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You said cash enables fraud and money laundering
by colejohnson66 7y ago
You 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...