Author

Topic: Cashless Society(No mention of bitcoin) (Read 303 times)

legendary
Activity: 1176
Merit: 1001
minds.com/Wilikon
May 09, 2016, 11:53:52 AM
#4
http://www.wired.com/2016/05/sweden-cashless-economy/

Quote
I challenge anyone to come up with reasons to keep cash that outweigh the enormous benefits of getting rid of it. Imagine the worldwide suffering because of crime, from drug dealing to bicycle theft. Crime that requires cash. The Swedish krona is a small currency, used only in Sweden. This is the ideal place to start the biggest crime-preventing scheme ever. We could and should be the first cashless society in the world.—Björn Ulvaeus

Its to bad a story like this does not draw on bitcoin but think they the argument is now that they can track all transactions back to the owner and presuming this will limit crime more than the bitcoin setup. Interesting take on the issue.

So... You're saying... that I can't hire an assassin with 2 sheep and a horse?  Or a bar of gold?  Or a bag of cocaine?

Barter... what people did before money


Yep. I agree.


hero member
Activity: 798
Merit: 722
http://www.wired.com/2016/05/sweden-cashless-economy/

Quote
I challenge anyone to come up with reasons to keep cash that outweigh the enormous benefits of getting rid of it. Imagine the worldwide suffering because of crime, from drug dealing to bicycle theft. Crime that requires cash. The Swedish krona is a small currency, used only in Sweden. This is the ideal place to start the biggest crime-preventing scheme ever. We could and should be the first cashless society in the world.—Björn Ulvaeus

Its to bad a story like this does not draw on bitcoin but think they the argument is now that they can track all transactions back to the owner and presuming this will limit crime more than the bitcoin setup. Interesting take on the issue.

So... You're saying... that I can't hire an assassin with 2 sheep and a horse?  Or a bar of gold?  Or a bag of cocaine?

Barter... what people did before money
legendary
Activity: 1176
Merit: 1001
minds.com/Wilikon



People used to kill and steal way before "cash" was invented.


member
Activity: 84
Merit: 10
★YoBit.Net★ 350+ Coins Exchange & Dice
http://www.wired.com/2016/05/sweden-cashless-economy/

Quote
I challenge anyone to come up with reasons to keep cash that outweigh the enormous benefits of getting rid of it. Imagine the worldwide suffering because of crime, from drug dealing to bicycle theft. Crime that requires cash. The Swedish krona is a small currency, used only in Sweden. This is the ideal place to start the biggest crime-preventing scheme ever. We could and should be the first cashless society in the world.—Björn Ulvaeus

Its to bad a story like this does not draw on bitcoin but think they the argument is now that they can track all transactions back to the owner and presuming this will limit crime more than the bitcoin setup. Interesting take on the issue.
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