As time passes, more and more countries try to phase out cash by passing laws. In the absence of cash, a government could, at any time, seize someone’s whole property if he is considered to be annoying to the system.
Lacking cash’s anonymity, the government, or anyone else, could gain access to personal information. Such knowledge is power in today’s digital life. Someone could know what we eat, where, and how long we stay there, or worse, they could know our sexual preferences. The above dangers are well known to the internet world.
Coinidol.com has reached out to 7 experts with different views, to enlighten us on one simple question:
“Where do you think the restriction of cash transactions, as is happening in Greece, Venezuela, India etc., will lead us?”
You can read the full article and take part in the discussion here: https://coinidol.com/world-economy-with ... th-part-1/