red750 Posted February 9, 2023 Posted February 9, 2023 35 minutes ago, onetrack said: often your day was spent working out where the public phones were so you could make contact with family and business contacts. If the vandals hadn't trashed them. 1
facthunter Posted February 9, 2023 Posted February 9, 2023 Practice on striped paint first before you do the Tartan "Sure CLAN" Nev 1
Jerry_Atrick Posted February 9, 2023 Posted February 9, 2023 Indeed.. And Russia mandated that all receipts are digital so they can clean up on their VAT (GST) revenues: https://www.ft.com/content/38967766-aec8-11e9-8030-530adfa879c2 I read somewhere the UK was thinking of introducing its own stablecoin backed by the £ and wanting to get everyone onto it.. why? You can both track peoples' spending and direct who they spend it with. Brave New World is arriving. 1
nomadpete Posted February 9, 2023 Posted February 9, 2023 (edited) And on the up side there will be no more brown paper bags of cash passing to pollies or crims. No more suitcases of notes for James Bond's baddies. There is nothing to really fear. I can always barter privately Edited February 9, 2023 by nomadpete 1 1
Jerry_Atrick Posted February 9, 2023 Posted February 9, 2023 @nomadpete - I hope you're right. The road to hell is, however, paved with good intentions, and I think that when you mix in corrupt politicans, over-zealous tax offices, cyber crims and the like, and a touch of opacity, call me a conspiracy theorist, but I am not as confident as you are. Sure, carrying cash also isn't perfect, but we are talking politicians seeing and able to exert control on what you do with your money. As Franklin D Roosevelt said:
onetrack Posted February 10, 2023 Posted February 10, 2023 It'll snow in Hell before they manage to ban cash transactions. But we will certainly keep coming under major pressure to eliminate cash from our society. The main pressure will come from the drive to eliminate drugs and drug dealers. The amount of cash involved in drug dealing blows your mind, the cops find multiple millions in drug cash stashes every second day.
Marty_d Posted February 10, 2023 Posted February 10, 2023 Stop printing notes over $10. Problem solved. 1
facthunter Posted February 10, 2023 Posted February 10, 2023 What can you buy for $10? I'd like to see a "Cashless" Senate. Nev 2
spacesailor Posted February 10, 2023 Posted February 10, 2023 '' There is nothing to really fear. '' . ONLY 1984 BIG BROTHER IS WATCHING YOU '' Such is life ! '' his last words . spacesailor 1
nomadpete Posted February 10, 2023 Posted February 10, 2023 (edited) OK Jerry, I take your point. The pollies and their puppeteers are likely to find new 'quiet' electronic methods to reward the puppets without resorting to recyclable brown paper bags filled with unmarked notes. Once the crims develop new methods for them to copy. I was only trying to find a less depressing facet of the change. At least the electronic methods of payment leave some sort of trace for honest coppers to track Edited February 10, 2023 by nomadpete 1 1
onetrack Posted February 10, 2023 Posted February 10, 2023 What better surname could you have as a politician, than "Cash". There was always the standing joke when George Cash was a W.A. MP - "Just make out the cheque for Cash!" 1
Jerry_Atrick Posted February 10, 2023 Posted February 10, 2023 1 hour ago, nomadpete said: OK Jerry, I take your point. The pollies and their puppeteers are likely to find new 'quiet' electronic methods to reward the puppets without resorting to recyclable brown paper bags filled with unmarked notes. Once the crims develop new methods for them to copy. I was only trying to find a less depressing facet of the change. At least the electronic methods of payment leave some sort of trace for honest coppers to track Sadly, the only use of blockchain is to provide an immutable state of a ledger at any one time. Because it solves Byzantine's Problem, the traceability of transactions to the current ledger are effectively lost. Also, coincidentally, there was a post in my linked in feed from an ex-co worker, who, as it seems, is working on that very project in the UK. Let's just say I would be very scpetical of that co-worker's ability to do anything more than read the issues and regurgitate them.. no capability to contextualise the issue to specific scenarios or business. If that is the general level of people they have on it, the crims will be rubbing their hands with glee. 2
nomadpete Posted February 10, 2023 Posted February 10, 2023 So n ow that blockchain is in full swing, it looks like it is time to divest any shares in casinos. 1
Jerry_Atrick Posted February 10, 2023 Posted February 10, 2023 Quite the contrary.. it gives legitimacy to money laundering... 2
facthunter Posted February 10, 2023 Posted February 10, 2023 Thats gotta be baloney. "Lefty" in the US is the worst possible thing.. Nev 1
Marty_d Posted February 12, 2023 Posted February 12, 2023 10 hours ago, red750 said: Little Johnny? Wish my school was like that, grade 5 would have been the best 10 years of my life! 1 1
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