Exactly. The truth is, paying electronically is so much easier than with cash. Either way, paying with cash is the past and will (slowly) move away. I'd much rather be an anonymous technologist than an anonymous luddite.
> I'd much rather be an anonymous technologist than an anonymous luddite.
Luddite? Do you even know what this word means? There is currently no anonymous payment technology on this planet that works universally and everywhere.
In face of this reality, cash has its value for everyone that wants to pay anonymously.
I think legislature should focus on the core of a problem and create laws that solve that problem. The core of the problem is anonymous payment, not 'cash is the best payment system'.
I think that laws should focus on increasing privacy of (electronic) payment information, not force cash to be kept around.
In the Netherlands more than the US, cash is being phased out more and more. I would rather pay with a debit card with increased privacy than force businesses to keep cash registers.
that's it. I couldn't give two hoots about anonymity vs being able to contactless payment (although having to get my wallet out and hold it against the reader is definitely still too much effort...)
Some people prefer cash for a variety of reasons, self control, budgeting etc. Sometimes for various tax reasons. But I just don't see the evidence of the general public caring about privacy on this one.
DominikR|10 years ago
Luddite? Do you even know what this word means? There is currently no anonymous payment technology on this planet that works universally and everywhere.
In face of this reality, cash has its value for everyone that wants to pay anonymously.
yxhuvud|10 years ago
This is true, but notice that the statement also cover cash.
rrockstar|10 years ago
gonvaled|10 years ago
1) Instantaneous
2) Anonymous
3) Non blockable
4) Not centralized
I am all for technology which solves real problems, not for technology for technology's sake. If you create technological crap, I'm gonna luddite you.
Ntrails|10 years ago
- low effort - low interaction
that's it. I couldn't give two hoots about anonymity vs being able to contactless payment (although having to get my wallet out and hold it against the reader is definitely still too much effort...)
Some people prefer cash for a variety of reasons, self control, budgeting etc. Sometimes for various tax reasons. But I just don't see the evidence of the general public caring about privacy on this one.