10 Reasons to Fight Cashless Society
In a cashless society you’re permanently fused to Big Finance and Big Tech with no way to escape. Here are 10 reasons why that's a bad way to arrange our economy
In a cashless society you’re permanently fused to Big Finance and Big Tech with no way to escape. In this video I give 10 reasons for why that's a bad way to arrange our economy and our society, and why we need to protect and promote cash to keep a balance of power.
CHAPTERS
- 00:00 Intro
- 1:04 Cashless is like bicycle-less
- 2:05 Cashless surveillance
- 3:00 Cashless exclusion
- 4:12 Payments censorship
- 5:19 Cash as resilient
- 7:19 Spending and indebtedness
- 8:44 Economic oligopolization
- 9:45 Political capture
- 10:45 The vibe of cashless society
- 13:02 Financial stability