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> Trust me, your cash usage is far more trackable than you think it is. It is harder than credit, to be sure. Still surprisingly trackable. Tracing cash money
by ramblenode 3y ago
> Trust me, your cash usage is far more trackable than you think it is. It is harder than credit, to be sure. Still surprisingly trackable.
Tracing cash money back to a specific person requires the time and resources of dedicated forensic experts and is fraught with uncertainty. There is not just a big but an astronomical difference in the ease of tracking electronic transactions vs. cash. The difference is so huge that surveillance and policing are now being automated at scale for the first time in history.
> Consider, you are worried about people that can't get bank accounts being excluded... Cash does basically nothing to help there.
Sure it does. I see homeless people paying for street food in cash. I am aware of battered women who save cash in secret because their bank accounts and phones are controlled by abusive partners. There are subcultures of nomadic people who don't have a permanent address and rely on cash jobs and payments. There are entire microeconomies in many cities that run on cash because their precariat members work under the table and don't have bank accounts.
- taeric 3y agoIsh. If you are just talking about that stick of gum or something else tiny that nobody cares about, sure, cash is easier. If you want to trace larger things, it gets a whole lot easier. Especially with modern AMA laws. Homeless people should be offered homes and food. Not given petty cash to try and get these things. I'm open to the idea that cash is the best we can do today for that. But... that is a pretty weak reason. Housing and food stability are not won with petty cash.