“I have nothing to hide“
You must trust the government agrees with you.
Loss of privacy is one dark side of a cashless society:
In a cashless society there is the loss of privacy. Digital money offers the convenience of allowing you to track and budget your money online. Such a system, however, also leaves a permanent digital foot print of where you spent your money, accesible to just about anyone who has access to your account. (crimminal hackers and government agencies). A common objection to this privacy invasion is that “if you have nothing to hide you have nothing to worry about”.
Consumers, however, may buy perfectly legal items (eg. a confederate or hammer and sickle communist flag or over the counter drugs like sudafed) that may give the government reason to believe they are a potential threat or engaged in illegal activities. Indeed, your purchase history can create a profile that the government can use against you including your purchases of books deemed to be critical of the current government. Buy the “wrong” items and you may find yourself on a government “list”.
Think if you buy only legal items in a cashless society, you have nothing to worry about?
Think again.
Read more in The Dark Side of a Cashless Society
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