Comment

Comment by wiwofone

I agree that there are risks with a cashless society (especially from a privacy perspective), but it's not incredibly hard to understand the positive effects of cash-free (as you seem to suggest).

- Vendors not needing to carry cash, significantly decreasing (or even eliminating) security-related risks (e.g. grocery stores/bus drivers getting robbed)

- Removing PoS that affect quality of service for the actual service provided (e.g. someone paying the bus fare and holding up the ride)

- Reducing the possibility for criminals to launder dirty money (the flipside of the privacy aspect).

parent wiwofone 10 years ago

No comments yet

Be the first to share your thoughts.

Live from the official Hacker News API

A modern reader for Hacker News · SvelteKit + Skeleton