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And panopticon surveillance and control over every move you make in life by corporations, small businesses, and governments. Want to tip the cashier or give mon
by banish-m4 2y ago
And panopticon surveillance and control over every move you make in life by corporations, small businesses, and governments. Want to tip the cashier or give money to the homeless window washer? No.
Also, AI social credit and precrime are just a nightmare away.
- causal 2y agoThese are worst-case scenarios worth considering, but IMO an obvious one not being discussed enough: credit cards are great if you're wealthy, horrible if you're poor. Between fees, absurd penalties for missed payments, and horrible rates if you don't have great credit- credit cards fleece the most vulnerable in our society while granting sweet perks to those with plenty. Cash is a poor person's best way to opt-out.