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submitted 2 months ago* (last edited 2 months ago) by BodaciousMunchkin@links.hackliberty.org to c/privacyguides@lemmy.one

cross-posted from: https://links.hackliberty.org/post/2932106

Image Transcription:

WHAT WILL A CASHLESS SOCIETY MEAN?

THE PROS

CONVENIENCE — THERE WILL NO LONGER BE ANY NEED TO CARRY CASH AROUND

THE CONS

EVERY TRANSACTION YOU MAKE WILL BE TRACKED YOUR SPENDING HABITS CAN BE LINKED TO YOUR CARBON FOOTPRINT

YOU WILL ONLY BE PERMITTED TO SPEND ON THINGS THE GOVERNMENT APPROVES OF. THINGS THAT ARE DEEMED TO BE LUXURIES — MEAT, FUEL, TRAVEL — CAN BE RESTRICTED

YOUR MONEY CAN BE PROGRAMMED WITH AN EXPIRY DATE — IF YOU DON’T SPEND IT BY A CERTAIN DATE, YOU'LL LOSE IT

THERE WILL BE NO ‘BLACK’ ECONOMY. IT WILL NOT BE POSSIBLE TO AVOID TAX, BUT THEN YOU WILL NOT BE ABLE TO GIVE POCKET MONEY TO CHILDREN OR GRANDCHILDREN AND NEITHER WILL YOU BE ABLE TO BORROW OR LEND MONEY TO FRIENDS WITHOUT THAT BEING TAXED BY THE GOVERNMENT

PARKING AND SPEEDING FINES WILL BE TAKEN AT SOURCE, WITHOUT THE POSSIBILITY OF CHALLENGE AND POSSIBLY EVEN WITHOUT YOUR KNOWLEDGE

IF YOU PROTEST THE ACTIONS OF THE GOVERNMENT, YOUR MONEY CAN BE SWITCHED OFF. IF YOU THINK THAT’S UNLIKELY, IT’S ALREADY HAPPENED TO TENS OF THOUSANDS OF CANADIANS WHEN THEY PROTESTED AND IT ALSO HAPPENED TO A BRITISH JOURNALIST

A CASHLESS SOCIETY MEANS THE END OF HUMAN FREEDOM

IF YOU WANT THAT, DO NOTHING

IF YOU DON'T, THE FIRST THING YOU MUST DO IS RESPOND TO THE GOVERNMENT'S PROPOSAL ON DIGITAL ID, UPON WHICH A CASHLESS SOCIETY MUST BE BASED

https://www.gov.uk/government/consultations/draft-legislation-to-help-more-people-prove-their- identity-online/consultation-on-draft-legislation-to-support-identity-verificat

Image Credit: Brett Scott

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[-] thesmokingman@programming.dev 5 points 2 months ago

Wait, you want to use a private currency pegged to the value of gold which is pegged to government currency? That kinda sounds like government currency with extra steps.

So instead using something we sort of agree has some value we should instead reject the government while using utilities it controls and regulates to access the internet it controls and regulates to use a currency susceptible to a 51% attack that could easily be executed by not just one but many governments? That’s a really novel idea. Do you have plans to run fiber across the oceans paying for everything with Monero so we can break free of these oppressive regimes?

[-] shortwavesurfer@lemmy.zip 1 points 2 months ago

No, what I'm saying is that Monero would be the digital currency for sending across the world or wherever it needs to go and goldbacks would be what you traded in person for like a tip for your pizza or whatever. As far as all those systems, they control. Check out mesh networking.

[-] thesmokingman@programming.dev 6 points 2 months ago

Oh, so we run mesh networks across the ocean? Very interesting. I’m sure we’ll be able to just use a metal with fake value that has nothing to do with fiat currency to buy all the equipment we’d need to power all that. Is there a big Monero group out there with the coins to pay all those local installers? They’d probably need to define some standards for what a network would look like and how they connect and how the local installers how and who gets paid what and how the networks interact. Standards? Regulations? I’m sure there’s a word for some sort of governing body that does all that.

this post was submitted on 11 Oct 2024
24 points (100.0% liked)

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