Have courage, and be kind.
- 13 January 2014
I agree, it’s just my comment that you were responding to was not about getting rid of cash, it was about whether it made sense to switch the cash to a Digital currency.That's my point.
I'm not making a moral judgement but there'd no doubt be people who spend money on such things who wouldn't be at all happy with any kind of "paper trail" existing.
That's easily done with cash, there's no record of where the money went, but in the case of electronic payment it's hard to imagine no record of any sort is being created and especially not with a centralised government system.
For the average random individual that may be of no concern, but there are no doubt people who'd be extremely uncomfortable with the potential that someone else is able to find out the details of all their spending. Eg politicians, media people, celebrities, even someone like senior police or a school principal might not be too keen on having all their activity traceable.
I'm not passing a moral judgement there, personally I'm pretty broad minded, but I can see many having objections to the option for privacy being taken away.
I was saying there is not that much point in doing that.