this post was submitted on 03 Jan 2024
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Mildly Infuriating
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You did not demonstrate any of those examples were unjustified. they probably were
I do not expect the government to always behave, obviously because I am alive I have seen plenty of counterexamples.
However it's beyond insane to suggest keeping my life savings in cash is even close to being less risky than using a bank. It's ludicrous to suggest that. Do you understand that? It's not subjective.
I never suggested keeping your life savings in cash. You brought that up. I ignored that bit as your financial decisions are your own. And they are just not relevant to the original point of a cashless society being bad.
If you aren't suggesting keeping money out of banks then what are you suggesting?
The examples were never proven to be justified by the government or anyone else. In both cases the government essentially said freeze these people's money and the banks did. No due process. No presumption of innocence.
That is the danger of a cashless society.
This almost never happens though. People have been robbed of their cash every single day for thousands of years.