bilzfancy Posted July 10, 2020 Posted July 10, 2020 What a great way to keep tabs on everyone, know our spending habits, what we do and when we do it. Big brother is here and he isn't going away
RiotAct Posted July 10, 2020 Posted July 10, 2020 2 minutes ago, bilzfancy said: What a great way to keep tabs on everyone, know our spending habits, what we do and when we do it. Big brother is here and he isn't going away in before “show me where in the constitution it says money has to be physical”
BillStime Posted July 10, 2020 Posted July 10, 2020 3 minutes ago, bilzfancy said: What a great way to keep tabs on everyone, know our spending habits, what we do and when we do it. Big brother is here and he isn't going away You have a smart phone, right? You're already being tracked. Buckle up. You'll be okay.
Chef Jim Posted July 10, 2020 Posted July 10, 2020 24 minutes ago, BillStime said: You have a smart phone, right? You're already being tracked. Buckle up. You'll be okay. You can go off the grid if you like. You’ll never be able to if we go cashless. And knowing where you’ve been and what you spend your money on are two different things.
bilzfancy Posted July 10, 2020 Posted July 10, 2020 21 minutes ago, BillStime said: You have a smart phone, right? You're already being tracked. Buckle up. You'll be okay. Yes, phones, smart TVs, Alexa, cameras everywhere, we all are being tracked, watched, the sense of privacy is gone, I don't get why people aren't concerned. I'm retired, I have nothing to hide but that's not the point. Once you start giving up freedoms, it's a very slippery slope and you won't get them back.
BillStime Posted July 10, 2020 Posted July 10, 2020 3 minutes ago, bilzfancy said: Yes, phones, smart TVs, Alexa, cameras everywhere, we all are being tracked, watched, the sense of privacy is gone, I don't get why people aren't concerned. I'm retired, I have nothing to hide but that's not the point. Once you start giving up freedoms, it's a very slippery slope and you won't get them back. Did the world end when the seat belt law went into effect on 1/1/1968?
WEATHER DOT COM Posted July 10, 2020 Posted July 10, 2020 Devils advocate position - isn't the point of cryptos to keep transactions private? If cash fades out at the same rate cryptos gain popularity, perhaps crypto eventually becomes the same cash as we see it today. Nerds will then collect hundred dollar bills like we collect silver quarters.
RiotAct Posted July 10, 2020 Posted July 10, 2020 7 minutes ago, wAcKy ZeBrA said: Devils advocate position - isn't the point of cryptos to keep transactions private? If cash fades out at the same rate cryptos gain popularity, perhaps crypto eventually becomes the same cash as we see it today. Nerds will then collect hundred dollar bills like we collect silver quarters. REAL men collect silver dollars.
BillStime Posted July 10, 2020 Posted July 10, 2020 This thread is really showing how old people are here.
KD in CA Posted July 10, 2020 Posted July 10, 2020 1 hour ago, bilzfancy said: What a great way to keep tabs on everyone, know our spending habits, what we do and when we do it. Big brother is here and he isn't going away Yup. You don't need to bother implanting microchips in everyone, you can just follow the money trail. Soon enough we'll be 'outing' people based on what they've purchased, to whom they've donated, etc. 1
BillStime Posted July 10, 2020 Posted July 10, 2020 2 minutes ago, KD in CA said: Yup. You don't need to bother implanting microchips in everyone, you can just follow the money trail. Soon enough we'll be 'outing' people based on what they've purchased, to whom they've donated, etc. Oh bro - non profits have been exchanging their donor lists for years.
GG Posted July 10, 2020 Posted July 10, 2020 9 hours ago, TakeYouToTasker said: There is no national coin shortage, and if there were, it would be reason in and of itself to abolish the Federal Reserve. More likely it's a function of too many bank branches still being closed. Small merchants don't get their coins from the Fed.
Warcodered Posted July 10, 2020 Posted July 10, 2020 This is an actual interesting topic that could theoretically avoid some of the the extreme partisan BS that this place is flooded with. Then peering through this topic it's filled with so much conspiracy theory BS.? Most of the OP is filled with a bunch of things that come across as I can't imagine a way for a cashless system to do these things must be impossible. I mean we've already got some cell phone apps and devices that would allow money transfer for smaller personal transactions so it's really not that crazy to think a system could incorporate something that would make a lot the things you think would become impossible. The biggest issue is definitely security and possible abuse of the system. The government already has the capability to hack our emails and bank accounts they're just not supposed to in most cases. I'd say with any kind of cashless system a significant advance in privacy laws would be necessary.
Rob's House Posted July 10, 2020 Author Posted July 10, 2020 23 minutes ago, Warcodered said: This is an actual interesting topic that could theoretically avoid some of the the extreme partisan BS that this place is flooded with. Then peering through this topic it's filled with so much conspiracy theory BS.? Most of the OP is filled with a bunch of things that come across as I can't imagine a way for a cashless system to do these things must be impossible. I mean we've already got some cell phone apps and devices that would allow money transfer for smaller personal transactions so it's really not that crazy to think a system could incorporate something that would make a lot the things you think would become impossible. The biggest issue is definitely security and possible abuse of the system. The government already has the capability to hack our emails and bank accounts they're just not supposed to in most cases. I'd say with any kind of cashless system a significant advance in privacy laws would be necessary. Even if such laws were put in place it's entirely likely they'd erode away. A law only has as much power as the government gives it.
Warcodered Posted July 10, 2020 Posted July 10, 2020 3 minutes ago, Rob's House said: Even if such laws were put in place it's entirely likely they'd erode away. A law only has as much power as the government gives it. I mean ignoring the currency issue the way society and technology is going these things are going to be out there and exploitable what exact alternative plan do you have?
Rob's House Posted July 10, 2020 Author Posted July 10, 2020 43 minutes ago, Warcodered said: I mean ignoring the currency issue the way society and technology is going these things are going to be out there and exploitable what exact alternative plan do you have? Don't eliminate cash. 1 1
Warcodered Posted July 10, 2020 Posted July 10, 2020 1 minute ago, Rob's House said: Don't eliminate cash. 45 minutes ago, Warcodered said: I mean ignoring the currency issue the way society and technology is going these things are going to be out there and exploitable what exact alternative plan do you have?
Rob's House Posted July 10, 2020 Author Posted July 10, 2020 (edited) 7 minutes ago, Warcodered said: I'm all for increasing privacy laws, not only for financial data, but internet and social media as well. I just don't trust them to be effective. When you hand your security over to an entity that is bound only by the rules that the entity implements, and which that entity has the sole power to enforce, you put yourself completely at its mercy. Edited July 10, 2020 by Rob's House
Warcodered Posted July 10, 2020 Posted July 10, 2020 3 minutes ago, Rob's House said: I'm all for increasing privacy laws, not only for financial data, but internet and social media as well. I just don't trust them to be effective. When you hand your security over to an entity that is bound only by the rules that the entity implements, and which that entity has the sole power to enforce, you put yourself completely at its mercy. My issue is that this appears to be happening anyway do you have some sort of alternative to mitigate it?
Rob's House Posted July 10, 2020 Author Posted July 10, 2020 4 minutes ago, Warcodered said: My issue is that this appears to be happening anyway do you have some sort of alternative to mitigate it? I don't think there is one. That's why we need to push back against this hard and fast before it takes hold and becomes a political football. This isn't a left/right issue. It's important for all of us and something we should all be able to agree on. Conservatives should oppose it because of the immense power it gives the government. Liberals should oppose it because of the obscene level of power it gives the banks. I talked to a friend today who's a self avowed Marxist and he thinks about as much of it as I do. It's one of the few political issues we agree on. Once it becomes political we'll all fall in line with our side and genuinely believe our side is right. You do it and so do I. It's just how we're wired. But if reasonable people recognize what this means and oppose it we can prevent that. Right now that can happen. And I'm trying to make it happen by posting about it on the political sub board of a football message board. I think it can work. * I deleted the meme you reacted to earlier. There was another one that looked similar and I inadvertently grabbed the wrong one. I do believe there is a global Marxist movement that's gaining influence, but I don't think they plan to reduce the world population to 500 million. 1
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