Are they bluntly phasing out cash now?

[jafo]

Someone sent me this:

I started researching and found this: Why Governments Seek to Eliminate Cash


Like WTF???!!!

 

[aniglo22]

Someone sent me this:

View attachment 7408

I started researching and found this: Why Governments Seek to Eliminate Cash


Like WTF???!!!

That's normal for systems which measure creditworthiness . It's the same in the us with credit score or anywhere else with a credit score .

But yeah it's just a matter of time when cash is phased out in most places.

 

[JackAlabama]

Someone sent me this:

View attachment 7408

I started researching and found this: Why Governments Seek to Eliminate Cash


Like WTF???!!!

lenders understand your monthly costs even with cash withdrawals they just cant data mine you.

 

[jafo]

lenders understand your monthly costs even with cash withdrawals they just cant data mine you.

I wonder what they think will happen if they come out and are honest like this.
What are they afraid of, or are they just incapable of being forthright?

 

[0xDEADBEEF]

Someone sent me this:

View attachment 7408

I started researching and found this: Why Governments Seek to Eliminate Cash


Like WTF???!!!

Dystopia has been slowly creeping up on us...

 

[lavel]

Always have cash laying somewhere for easy access.

 

[Steve3000]

Someone sent me this:

View attachment 7408

I started researching and found this: Why Governments Seek to Eliminate Cash


Like WTF???!!!

I would love to know where this is from. I use cash about 50% of the time because of privacy concerns. I don't like so much personal info being on a cloud somewhere. People who use store loyalty cards provide even more information. If they want this sort of info from me, then they can ask for an appointment to discuss my fees for providing it!!! PS This 'credit score' bulls**t is being used for all sorts of intrusions into privacy. Since the financial crisis, I am more concerned about THEIR credit score!