It’s discrediting valid concerns against card-payments. It’s invalidating how great cash is.
It’s when the worst person you know makes a good point.
And things now are so Culture-Wars-y, nobody makes solid analyses any more, that when the far-right say cards are bad, everybody jumps to thinking cards are good.
Cash is bad, but better than CBDC
Sane and reasonable people spent several decades advocating the use of cash instead of cards since at least the 1970s, until we mostly gave up. Who knows, maybe the newly invigorated crazy people will do better. They can’t do much worse.
Privacy matters the most to people who have something material to lose with it, this unfortunately for pr reasons (but fortunately for many other reasons) includes bigots
I’m as dead centre as it gets. On some topics, I’ll gently lean left or right, but try to be balanced in my analysis of things.
I advocate for cash, as I also advocate for privacy. It doesn’t make me far right.
There are plenty of reasons for cash. For me, it’s privacy. For others, I’m sure there are some solid, and some whacky reasons also.
The real issue for me will be the digital dollar. Every dollar will be tracked through every transaction it’s ever involved in. From inception into eternity. The ability for that data to be abused is terrifying.
I’ll keep using cash as long as it exists compared to what’s coming with the digital dollar.
