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submitted 1 week ago* (last edited 1 week ago) by War5oldier@lemmy.world to c/privacy@lemmy.ml

For example: in Canada, the bank accounts of those who protested were literally frozen (for simply speaking out or being critical) and talks of potential CBDCs (aka. used to deduct funds from one's account as a fine) whilst considering on abolishing cash altogether.

The alternative (for now at least) may be Crypto (online) until they consider that "illegal" in the future penalizing those who are using it, framing that as money laundering or tax evasion, whilst pushing their propaganda of "tap & go is safe & convenient".

The answers are divided between:

  • "Cash is King" (it allows anonymous or "private" transactions between you and the merchant)
  • "Contactless" (convenient, but your purchases & transactions are monitored by the state)

Cash is apparently the last bastion of "anonymous" transactions where it doesn't appear on one's statement and one gets to keep their money without the state deducting it from their account since a nation's central bank has monopoly over CBDCs and one's funds.

That's not even the end of it: them trying to make BTC or equivalent illegal by making CBDCs the default replacing gold overnight, it would mean all those bills you have are worthless. At this point, the only payment method is CBDCs that are linked to one's digital ID.

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[-] LastYearsIrritant@sopuli.xyz 6 points 1 week ago

More and more companies by me are asking people to use cash and offering a discount for doing so.

Credit card fees are a big expense for small businesses.

[-] WhyJiffie@sh.itjust.works 2 points 1 week ago

can I ask which continent?

[-] LastYearsIrritant@sopuli.xyz 2 points 1 week ago

North America

[-] umbrella@lemmy.ml 5 points 1 week ago* (last edited 1 week ago)

yes and fuck usian card operators for taxing our transactions.

[-] merc@sh.itjust.works 5 points 1 week ago

For example: in Canada, the bank accounts of those who protested were literally frozen (for simply speaking out or being critical)

Yeah... try using that lie on people who live in Ottawa, see how it goes.

[-] chicken@lemmy.dbzer0.com 4 points 1 week ago

Whether those particular protesters were in the right seems less significant than the general threat of debanking being used by a government as a weapon to disrupt the logistics of protests. This is obviously not limited to disruptive right wing protesters with questionable grievances. Take for example the way the US has used sanction powers to disrupt the daily finances of ICC judges.

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[-] curious_dolphin@slrpnk.net 3 points 1 week ago

There's definitely more to this story than OP is letting on, right?

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[-] FineCoatMummy@sh.itjust.works 4 points 1 week ago

whilst considering on abolishing cash altogether

No personal exp with this, but I have a vague idea that the Nordic countries, or maybe Singapore etc are further down the cashless road than we North American peeps are. Though they may also have better protections in some ways.

I do want to preserve cash as an option. I try to use it for everything I can, just to safeguard the option. I try to get my friends to do it, but they find contactless too convenient.

[-] LuminousLuddite@lemmy.world 4 points 1 week ago

I haven't tried it yet, but I'm wondering if it would be possible to buy a Google Pay compatible virtual debit prepaid card with monero, like $50-$100 and use a card writer to put it on a plastic card to use in store. Then just buy another one after its depleted and rewrite the card with new details, rinse and repeat. That seems like the closest thing to digital cash you can get without xmr being accepted by merchants.

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[-] Bloomcole@lemmy.world 4 points 1 week ago

I'm happy with the opinions and reasons for it here.
Unfortunately IRL people and especially the youth who have grown up with it are totally pro-digital.
They look at you as if you're a flat earther when you mention the possible consequences.

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[-] sharkfucker420@lemmy.ml 3 points 1 week ago

Yes, but it won't. Knowing everything about us is too important.

[-] gravitas@lem.ugh.im 3 points 1 week ago

Monero works for me, come to think of it idk when the last time i used cash for a "private" transaction, but all my webhosting and domains and whatnot get paid with XMR.

[-] discocactus@lemmy.world 3 points 1 week ago
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[-] StopTech@lemmy.today 2 points 1 week ago* (last edited 1 week ago)

Use cash for now, but start transitioning to other privacy currencies, especially those that don't depend on technology, such as precious metals and local currencies like Ithaca hours. Edit: I say transition away from cash (as in government-produced cash) because that they have serial numbers that enable tracking and they can decide to declare them invalid or inflate away their value through printing if people continue to use them anyway.

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this post was submitted on 21 Apr 2026
263 points (96.1% liked)

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