Sky News host Cory Bernardi says the move towards a cashless society through the digitsation of money is “the end of what little privacy” we have left.
“Business and governments already use your spending data to assess you, imagine if they knew how you spent every single cent,” he said.
Mr Bernardi said it could lead to a “social credit score” as is implemented in China which could penalise a person for shopping at the wrong locations.
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“Business and governments already use your spending data to assess you, imagine if they knew how you spent every single cent,” he said.
Mr Bernardi said it could lead to a “social credit score” as is implemented in China which could penalise a person for shopping at the wrong locations.
Read (and watch) more
Will Africa turn cashless?
