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> I want to be able to buy stuff without centralized entities following me everywhere. Use cash.
by colechristensen 4y ago
> I want to be able to buy stuff without centralized entities following me everywhere.
Use cash.
- mgamache 4y agoCash is close to being outlawed. Once CBDCs are a thing cash will be phased out. They'll claim paper is too expensive or helps criminals or terrorists or whatever.
- deleted 4y ago[deleted]
- DevKoala 4y agoI upvoted you. It is easy to see the end game.
- 323 4y agoIn many countries (EU for example) is illegal for a seller to accept over a certain amount of cash for a purchase. The maximum allowed amount can be as low as a few thousand USD.
- JTbane 4y agoAh yes, the ragpaper that has a unique serial number could never be tracked. /s
- thingification 4y agoIt was never that it was impossible, just that it wasn't cheap enough to allow mass surveillance, right?
- colechristensen 4y agoIn order to implement mass surveillance with dollar serial numbers, you would have to identify people during transactions and record them. Nobody taking cash does this outside of ATMs possibly. When I go to the store they don't ask for my ID to pay with cash, they don't record serial numbers, it would be a lot of technology and effort and there's no justification for why. When doing transactions with computers, there's usually a reason for attaching an identity to a transaction, a reason for keeping track of things, addresses, account information, login details, etc above and beyond just banks being required to keep this information.
- thingification 4y agoI don't disagree with you. The post I replied to said "could never be tracked". People using cash can be tracked if it's important to do so. Mass surveillance on cash transactions is trickier (though maybe with machine learning we'll decide that it's a great idea to track physical transactions of any kind using video etc.).