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Joined 2 years ago
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Cake day: June 20th, 2023

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  • Exactly l, you can monitor all the digital goods you want but the people who want privacy can always fall back to cash (technically they can track serial numbers but it’s nowhere near as invasive and can only be counted when it is spent with an untrusted source) they can turn off your banking account but they can’t turn off the cash you have buried in the back yard.


  • stupidcasey@lemmy.worldtoVideos@lemmy.worldDeath to Nickels
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    6 days ago

    Getting rid of paper money sounds good on paper😏, but it’s genuinely a terrible Idea, It allows the government to track every single dollar you spend, right down to your totally legal weed your definitely smoking in Colorado. It would give the US government the surveillance capabilities of visa, Google and Facebook combined. Which is why I’m surprised it hasn’t happened yet, the only thing I can think of is it would weaken the dollar to other countries, the US could just turn off an entire country organization or individual’s entire economy, China and any country remotely hostile would immediately dump the dollar.