The Cashless Society

The cashless society… is it coming?

Posted by Phil Letourneau.

Jun 09, 2016
Governments would love to see the end of banknotes. But what would a cashless society mean for freedom?

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The possibility of a cashless society has come at us with a rush: contactless payment is so new that the little ping the machine makes can still feel magical. But in some shops, especially those that cater for the young, a customer reaching for a banknote already produces an automatic frown.