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The idea of doing ALL payments and transactions by mobile is a horrible future. It is the lack of privacy that cash gives us, and the complete dependence on mob
by Executor 14y ago
The idea of doing ALL payments and transactions by mobile is a horrible future. It is the lack of privacy that cash gives us, and the complete dependence on mobile phones, corporations, and banks. What about people that don't want to have smart phones and refuse to pay via paperless? We have the ability to choose what technology to use - let's not get rid of cash shall we?
- w1ntermute 14y agoWho says we have to lose our privacy because we use digital payments? Just take a look at Bitcoin.
- politician 14y agoBitcoin provides a number of great features, but anonymity is not one of them.
- w1ntermute 14y agoBy that token, neither is cash money - every bill has a unique serial number.
- DougBTX 14y agoEach "bill" in bitcoin includes a full transaction history, which gets shared with every other bitcoin user. It's quite different knowing that a dollar bill got from A to B, vs a bitcoin which tells you exactly how it travelled from A to B.
- anonymfus 14y agoWhere I can see analogue of http://blockchain.info/new-transactions http://blockchain.info/new-transactions for cash?
- sounds 14y agoPlease explain. Bitcoins are inherently anonymous, it's just hard to convert between bitcoins and real-world goods/services/currency without identifying a wallet. This is not a social problem (can't be solved with technology, even though lots of tech tries). This is a technical problem (advances in privacy services can make bitcoins more easy to use safely).
- politician 14y agoBitcoins are certainly not "inherently" anonymous if it requires the use of external mixing services to sufficiently hide one's activities in the block chain.
- cageface 14y agoI agree it's somewhat frightening but also inevitable. We geeks should do what we can to make the future as human-friendly as possible.
- mtgx 14y agoBitcoin is a good alternative to cash in the future, for privacy purposes.
- medell 14y agoIf this future comes true, maybe the situation will reverse and there will be a 2.5% cash handling fee instead of the fee some companies currently charge for credit card transactions :)