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This is always brought up as an argument against cashless. I don’t get it. I’m quite passionate about tracking, collection, and use of personal data. But I real

This is always brought up as an argument against cashless. I don’t get it. I’m quite passionate about tracking, collection, and use of personal data. But I really couldn’t care less about my day to day purchases. My bank knows that I buy a coffee every morning and lunch from a local vendor, and some groceries or dinner in the evening. My bank won’t use this for any kind of targeted advertising and I trust them to keep it secure. This data seems so unimportant compared to the frustration of cash. The second I step foot in a cash economy I start having issues with large bills (do you have a smaller note etc), losing change, having to keep on visiting ATMs. It’s extremely irritating once you’ve gotten used to cashless. What is everyone buying on a daily basis with cash that is so secret the banks and governments must not know?

notdang 4y ago
All good and convenient untill some governmental agency decides that you cannot use the cashless methods and by that time cash is not available because no one protested since it was so convenient.
starkd 4y ago
No offense intended, but what this is is a failure of imagination. You assume conditions of a liberal democracy where people engaging in commerce without prejudice. That is still the case most of the time. But suppose you speak out publicly and it is taken the wrong way. If you are content self-censoring, you will probably be fine. But society that has a habit of self-censoring feels free?
Clubber 4y ago
>My bank won’t use this for any kind of targeted advertising and I trust them to keep it secure. Well maybe you shouldn't. Banks Profit From Selling Customers’ Spending Data https://www.courthousenews.com/banks-profit-from-selling-your-spending-data/ https://www.courthousenews.com/banks-profit-from-selling-you... 10 biggest financial data breaches of 2022 https://www.americanbanker.com/list/10-biggest-financial-data-breaches-of-2022 https://www.americanbanker.com/list/10-biggest-financial-dat... I use cards all the time, but I just prefer cash for small everyday purchases. If I'm buying a TV or something, I use the card; if I'm getting lunch, I just use cash. Plus, it's super easy to just give the waiter a $20 for a $12 meal and tell them to keep the change. Also, if you do a person to person sale, most people can't take cards, so eliminating cash eliminates a good chuck of the secondary market without adding a middleman like a pawn shop. I bought about $1000 worth of gym equipment for $150 from someone moving and it was just like new.

notdang 4y ago

All good and convenient untill some governmental agency decides that you cannot use the cashless methods and by that time cash is not available because no one protested since it was so convenient.

starkd 4y ago

No offense intended, but what this is is a failure of imagination. You assume conditions of a liberal democracy where people engaging in commerce without prejudice. That is still the case most of the time. But suppose you speak out publicly and it is taken the wrong way. If you are content self-censoring, you will probably be fine. But society that has a habit of self-censoring feels free?

Clubber 4y ago

>My bank won’t use this for any kind of targeted advertising and I trust them to keep it secure. Well maybe you shouldn't. Banks Profit From Selling Customers’ Spending Data https://www.courthousenews.com/banks-profit-from-selling-your-spending-data/ https://www.courthousenews.com/banks-profit-from-selling-you... 10 biggest financial data breaches of 2022 https://www.americanbanker.com/list/10-biggest-financial-data-breaches-of-2022 https://www.americanbanker.com/list/10-biggest-financial-dat... I use cards all the time, but I just prefer cash for small everyday purchases. If I'm buying a TV or something, I use the card; if I'm getting lunch, I just use cash. Plus, it's super easy to just give the waiter a $20 for a $12 meal and tell them to keep the change. Also, if you do a person to person sale, most people can't take cards, so eliminating cash eliminates a good chuck of the secondary market without adding a middleman like a pawn shop. I bought about $1000 worth of gym equipment for $150 from someone moving and it was just like new.