Ask HN: Will cash and the dollar bill disapear: Tillify.com
3 comments
If cash dies selling your surf-board to your friend at the gym will be done using your card or a mobile payment. Does this mean that like Paypal those transactions will be monitored, controlled.
Does this mean one-day they might occur a tax?
Will our constant need to simply everything we do make our lives more controlled and ultimately more expensive?
Does this mean one-day they might occur a tax?
Will our constant need to simply everything we do make our lives more controlled and ultimately more expensive?
One of the things that sets cash apart from most electronic substitues is anonymity. Any solution that wants to dethrone cash will need to take that into consideration. BitCoin (arguably) does this, but most of the other electronic cash substitutes do not.
We agree. The loss of cash is ultimately the loss of our anonymity. Sounds dangerous doesn't it.
Will mobile payments and mobile card reading apps like square take the dollar bill out of our pocket.
What will this mean in the real world? Everything we buy and do is declared and stored? Is that a good thing?
Will everything be paid for with a tap of our mobile device, or a card?
Parking meters, buss faryes a hot dog in the park.
Tell us what you think.
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