Thursday, January 29, 2009

The death of cash = the death of liberty

"The death of cash represents the death of freedom in our society. Where previously those who wished to buy goods or services without a record of the transaction could always pay cash, it is now increasingly difficult to do so. We are willful participants in this trend toward tracked, electronic commerce, too: Very, very few of us even pay with actual cash anymore. I spent some time watching the checkout at a Starbucks not long ago, and every single person who bought coffee paid with a card. Not one of them had actual cash. Whether using credit or debit, every last one of them waved a magnetic-strip-equipped piece of plastic at the clerk."