Canada 'sleepwalking' into cashless society, consumer advocates warn
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Re: Canada 'sleepwalking' into cashless society, consumer advocates warn
#210% is way higher than I thought. Probably Cash is cumbersome and annoying. I wish there was a digital anonymous replacement.
Re: Canada 'sleepwalking' into cashless society, consumer advocates warn
#310% is way higher than I thought. Probably Cash is cumbersome and annoying. I wish there was a digital anonymous replacement.
> Cash is cumbersome and annoying.
So is freedom. Tech that robs us of freedom offers ease of use or extra "free as in beer" services.
Re: Canada 'sleepwalking' into cashless society, consumer advocates warn
#410% is way higher than I thought. Probably Cash is cumbersome and annoying. I wish there was a digital anonymous replacement.
Monero?
Re: Canada 'sleepwalking' into cashless society, consumer advocates warn
#510% is way higher than I thought. Probably Cash is cumbersome and annoying. I wish there was a digital anonymous replacement.
> I wish there was a digital anonymous replacement.
There are, for instance GNU Taler: https://taler.net/>. But what you want is an implemented system of digital anonymous cash. And that’s a whole other kettle of fish, since basically everybody actually in a position to implement such a system is incentivized to do it in a way which minimizes privacy.
Re: Canada 'sleepwalking' into cashless society, consumer advocates warn
#6Governments really need to break the Visa and Mastercard Duopoly.
Not mentioned in this article, but certainly related, was the Canadian governments unprecedented step to freeze hundreds of bank accounts of protestors during COVID protests using their Emergencies Act. While I couldn't be more politically removed from the protestors, using a legislative power envisioned for war like conditions to personally ruin protestors financially is more than worrying.
Re: Canada 'sleepwalking' into cashless society, consumer advocates warn
#7Cashless is convenient but effectively amounts to automatic inflation. Not just from the merchant fees but making it easier to slowly raise prices/fees/tip %. Plus whatever % of the population is dumb enough to revolve credit and get buried in debt.
Re: Canada 'sleepwalking' into cashless society, consumer advocates warn
#810% is way higher than I thought. Probably Cash is cumbersome and annoying. I wish there was a digital anonymous replacement.
Money-less society with security to stop hoarders looting stores.
All digital security ends up security through obscurity; encrypt with noise the data along some algorithmic path to obscure what the data is, divide up go has admin and tier their access to obscure who is needed for what.
There still needs to be someone with full control over the AWS account or whatever to grant further permission. There’s no perfect system security and anonymity if someone out there can drill in and use admin/keys to unwrap things.
That’s why governments like CEOs and root nodes on such groups; keeps surface area for getting what they want small.
Re: Canada 'sleepwalking' into cashless society, consumer advocates warn
#9[deleted]
Re: Canada 'sleepwalking' into cashless society, consumer advocates warn
#1010% is way higher than I thought. Probably Cash is cumbersome and annoying. I wish there was a digital anonymous replacement.
Nearly all of my cash use, by dollar count, is paying service folks (home repair stuff, cleaners) who prefer payment in cash to evade taxes. I very rarely use cash for any other reason, and it’s always tiny amounts when I do.