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Cashless Society
Manage episode 462532134 series 3612857
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As part of a plan to implement digital IDs, some governments want to move to a cashless society. However, what happens when the internet goes down, your online bank is having technical issues, or the supermarket payment system is off-line? Additionally, the push for a cashless society comes with the desire to implement a Central Bank Digital Currency (CDBC) that can be programmed to allow for governments to oversee all transactions and control how you spend your money. Join Dave and Garry as they discuss the risks of going 'cashless'.
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