>>144969>The only real threat a cashless society is is to petite booj which is why they're so obsessed with it.Having every purchase be a matter of public record is a threat to the purchasers of commodities, as it makes state and private surveilance all but inescapable. It is a level of control over people who are bound to a system where all of the things that they need to meet their needs are only available as commodities.
>No more black labor markets which is the life blood of small businesses, and no more political lobbying.Small business is already dying, and a lack of cash will do absolutely nothing to stem lobbying. Lobbyists aren't carrying around suitcases full of bills to hand off to politicians in secret. They promise them speaking engagements with six-figure salaries, executive positions that have no responsibilities but earn seven figures, blue chip stock options, donations to slush funds like presidential libraries, and the like, and they do all of that out in the open in full view of anyone who cares to look. Contrary to what
>>144973 seems to think, corruption does not live in shadows. It's completely exposed and utterly shameless.
>It will eliminate financial grey markets like payday loansI don't see how.
>and allow the Fed to directly stimulate the economy via deposits into workers' account with money that expriesI suppose that they can't just have the IRS do that anymore, since the IRS is coming apart at the seams.
>It will also most likely be used to introduce a UBI.I wonder how long that experiment will run before wildcat strikes cripple the economy. If people don't have to sell their labor-power for access to the means of subsistence, then they just won't do it.