Welcome to the Cashless Society.
Part 2
In Part I of “Welcome To the Cashless Society – There is No War on Cash“, we noted that proponents of a cashless society tout convenience as a selling feature. Paraphrasing Ben Franklin we noted:
‘Those who would give up liberty for convenience, deserve neither liberty nor convenience.’
Enhanced convenience is a dual edged sword. A cashless society may be more convenient, but also means a loss of freedom.
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