Hugh Allen - Comments

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Banks Close In Rural Areas As World Cashlessness Advances
5 years ago

What the author doesn't mention at all is the impact on privacy. Our cell 'phones already let Big Data know all about our movements and interests. When all cash transactions are eliminated in favor of cashlessness, there will be no privacy in our financial lives as well and very little control over who has access to that information. It's a really vile prospect and the only beneficiaries will be the owners of the database.

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