3 ms·
Cashless society is indeed being proposed in the US. During the time when I was in college (at a public university), all university-run businesses switched to c
by md2020 4y ago
Cashless society is indeed being proposed in the US. During the time when I was in college (at a public university), all university-run businesses switched to cashless. As in, you literally could not pay with cash. They wouldn’t accept it.
> Implementing all of these would require changing the constitution
This is naïve. Many countries, the US included, have variations of an emergency powers act, where the executive can get around the constitution in some ways. Even without that, though, you still can have things like Operation Choke Point [1], where the government merely makes suggestions/threats to private banks and payment processors to close the accounts associated with things they don’t like. So no, this has precedent. It’s not paranoia.
[1] https://en.m.wikipedia.org/wiki/Operation_Choke_Point https://en.m.wikipedia.org/wiki/Operation_Choke_Point