Here is a link to a post where I expressed my ideas on how to counter this, if you are interested, take a look – https://lemmy.world/post/37055027
Here is a link to a post where I expressed my ideas on how to counter this, if you are interested, take a look – https://lemmy.world/post/37055027
Doesn’t change much from regular cash then?
Your bank card can be easily blocked with just one click of finger. And in the future, there will also be a link to your identity, oh, it’s already appeared. Have you heard about digital ID and Chat Control?
Do you think your bank and every retailer are not tracking you already through your credit card?
It financializes more rapidly (Very bad) and it’s agility makes it better at subverting financial regulations (Both good and bad, depending on your intentions). Also most chains have a fixed monetary supply, unlike fiat currencies. And very few chains aren’t intentional scams, rather than good faith attempts at an improved money. But ultimately yes, it’s just more cash.