In a cashless society you’re permanently fused to Big Finance and Big Tech with no way to escape. In this video I give 10 reasons for why that’s a bad way to arrange our economy and our society, and why we need to protect and promote cash to keep a balance of power in the money system.
If you want to go deeper into this issue, check out the Cashback section on ASOMOCO, and see my 2022 book Cloudmoney.
Contents
00:00 Intro
1:04 Cashless is like bicycle-less
2:05 Cashless surveillance
3:00 Cashless exclusion
4:12 Payments censorship
5:19 Cash as resilient
7:19 Spending and indebtedness
8:44 Economic oligopolization
9:45 Political capture
10:45 The vibe of cashless society
13:02 Financial stability
