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It was never that it was impossible, just that it wasn't cheap enough to allow mass surveillance, right?
by thingification 4y ago
It 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.).