In a cashless society, Big Brother will always know when you buy milk

While the move toward a cashless economy indeed poses problems for low-income and marginalized people, we all have reason for caution: Do we really want every method of payment to be controlled by private companies?
What will happen to the fees that private payment platforms such as Visa and Mastercard charge when they operate in a market with no public option — in other words, cash?

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The cashless society from an ethical point of view

The debate about the move towards a cashless society has been at the center of the scene for several years, now. Various angles have been taken by economists, politicians, banking institutions and sociologists. Beyond the technicalities of the debate, lies the question of freedom, of inter-citizen solidarity and of governmental responsibility. The debate cannot remain in the hands of financial specialists, it is first and foremost an ethical, political and societal issue.

The cashless society from an ethical point of view

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