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Would A Cashless Society Be Better?
Society would benefit from being cashless.
A cashless society is a step towards dematerialization (like everything, including payments, happen through a phone).
Being cashless is less of a hassle.
A cashless society would reduce illegal activity.
A cashless society is more economically viable.
You’re locked into a system with no physical representation of your accrued wealth.
A 100% cashless system has too many requirements to be reasonably feasible.
It will be challenging for the government to fairly introduce new currency to offset inflation.
Entities (government, businesses) can track your purchases more easily.
Some of the cryptocurrencies are not worked out yet, which can be a detriment in people's lives vs cash.
If the item used to make the payments gets lost, it would be difficult to make purchases.
Cash is important for the the grey economy or informal sector to thrive.
A society with no gender would be better
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