reply to post by silo13
A bit late into the thread Silo but My view is thus:
There are segments of society that would not have access to 'electronic money'. Barter will be the order of the day for those segments, and out of
barter arises tokens, otherwise known as money. In effect a two tier society would be created.
There are other segments of society who have access to 'electronic money' but would prefer not to use it. Why do they prefer not to use it? Because
of the traceability. Who are these people? The wealthy and the criminally wealthy. Wealthy people do NOT like credit cards and electronic cash. Sure
they are useful for some things but cash is better. Cash is not traceable, cash does not say who they are etc.
Whilst the ordinary public embrace a cashless society the ordinary public are being sent there by the wealthy, and the wealthy will return to gold
coin, and silver coin, and some form of notes backed by a private gold standard. The wealthy do not wish to be controlled and have the means not to
be. We do not. The very poor will not be controlled either because they will be outside the system.
Now add to that the general push to move people into the cities and what do we have? Controlled people in a controlled environment. On the outside
will be the people living off the land, and yes there will be land to live off because food production will eventually be synthesised and there will
be no need for vast swathes of land to be used.
It is possible that in the distant future these cities will be in a completely controlled environment as well. Then will come the problems of
population growth. No problem. Euthanasia once you become a useless eater.
But in all this there will still be people poking at the system trying to bring it down, and the more automated the system is the more easily it can
be disabled. Take out a city power grid and the results would be catastrophic for the city dwellers. Even a 'system error' such as we have seen
recently could leave huge groups of city dwellers with no 'cash', no means to electronically pay for their food and utilities. Nothing much happened
when the banking systems went wrong recently because people could still draw out cash. Some friends of mine were in that situation.
And what would happen in the future when that cannot be done? With no alternatives even a short term system problem of a few days could lead to hungry
people running riot. And it may not be just the people. One thing that will happen is that in a cashless society which has managed to achieve
segregation from the 'have nots' is that the control is electronic and not physical. The numbers of police on the streets would be drastically
reduced over time and in the event of a system breakdown would be ineffective.
The whole system of a cashless society would be inherently unstable in the event of a large system failure. People have a very thin veneer of
civilisation. It would not take many days for that to vanish. The results would not be pretty.
I think that we should just barricade the city gates and let them eat each other