Cashless Economy and the End of Privacy

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.

Read (and watch) more

Cashless Economy and the End of Privacy

Will Africa turn cashless? - 06/18/2021

The War Against Cash - 06/10/2021

Cash will always be useful according to Jeffrey Goh - 05/05/2021

China likes cashless surveillance - 03/13/2021

Why coin shortage is a big issue - 01/17/2021

Going Cashless in Australia: problems are growing - 12/19/2020

Cashless as a step to totalitarism? - 12/04/2020

Not ready for a cashless society - 11/20/2020

A Digital World does not mean the End of Cash - 11/17/2020

Digital economy can't be without cash - 10/20/2020

Say no to cashless stores - 09/05/2020

Coronavirus won't kill cash - 08/13/2020

"Please don’t let us go to a cashless society" says british former Member of the European Parliament Patrick James O'Flynn - 10/25/2019

Dont buy into these cashless payment myths - 10/10/2019

The Pros and Cons of Moving to a Cashless Society - 09/18/2019

Experts’ debate: what does a cashless society mean? - 09/17/2019

How will a cashless society affect the poorest ? - 09/05/2019

"This shift to all-digital upends the foundation of our economy and creates unintended consequences for consumers." Frank Sorrentino, CEO of ConnectOne Bank - 08/30/2019

"There is a huge machinery to make us believe that ‘cashless-ness’ is in our interest" Shrija Agrawal, Associate Editor Mint - 08/19/2019

Say No to the “Cashless Future” - 08/15/2019

"A cashless food economy is not all good" by Sylvain Charlebois, senior director of the Agri-Food Analytics Lab at Dalhousie University in Halifax. - 08/02/2019

Cashless isn’t just classist, it’s bad for business - 07/10/2019

Kenneth Rogoff’s war on cash: is he right to call cash a "curse"? - 07/03/2019

Stefan Gleason, President of Money Metals Exchange : "Big Banks and Big Tech are the ones pushing for a Cashless Society" - 07/02/2019

Natalie Ceeney, author of the 'Access To Cash Review' says : "everyone should have guaranteed access to cash in the future" - 06/19/2019

Douglas Ross, Member of Scottish Parliament: "The loss of access to cash inevitably affects the more vulnerable in society." - 06/11/2019

International Legal Firm raises concerns about privacy and security in a cashless society - 06/06/2019

The British Treasury Select Committee warns the elderly and those on low incomes are still reliant on cash - 06/05/2019

Cameron Bready, Global Payments CFO : "There's always going to be a role for cash in commerce around the globe." - 05/29/2019

Dr Muzaffar Syah Mallow : "Cashless society will not make our society crime free." - 05/27/2019

The cashless society from an ethical point of view