Reasons why developed countries oppose cashless society

1. People in developed countries are shocked by the cashless society: Isn't this the slavery of the Roman Empire in the new era?

The thinking of foreigners is:

1. Entering a cashless society means that all your payment behaviors can only be carried out through the payment mode set up by a few financial institutions. If you don't use this payment model, you can't survive in society, and you can't live for a day. Because you can't buy, eat, drink or travel. This becomes a kind of economic coercion and oppression, you can't get rid of it, and you can't survive without it. This is especially true for future generations, and fate will drift like duckweed!

2. Enter a cashless society. From then on, the money in your pocket is only a number in a few financial institutions, and a few financial institutions control the fate of all citizens. Maybe one day you wake up, because of some natural disasters or other reasons, your money suddenly disappeared, disappeared without a trace, and you will have nothing. After World War I and World War II, Germany experienced a currency collapse, and the German people had a painful experience of suddenly losing everything. The Japanese people also experienced the currency collapse after World War II, and they also had the painful experience of suddenly losing everything. Therefore, for citizens in many developed countries, cash is the bottom line of necessities. They promote a cashless society and further weaken their control over their wealth, which is intolerable!

Second, what is the right to privacy in a cashless society?

All payments must be electronic, which means that all your payments are under the supervision of some financial institutions. What books did you buy, where did you go, what did you eat, what hotel did you stay in, and what entertainment activities did you have .....; The payment behavior that you have placed an order but haven't gone will reveal where you are going, what you are going to do, what you are going to eat, which hotel you are going to stay in and what entertainment you are going to do. For foreign nationals who value privacy, such a cashless society is definitely unbearable!

At the beginning of this year, under the banner of anti-terrorism, anti-money laundering and anti-tax evasion, the European Commission wants to introduce a regulation to further limit the cash transaction ceiling of 20 18, so as to further promote the cashless society. However, it was strongly resisted by the people of European countries, especially the German people, because they knew what was wrong. Undeniably, electronic payment makes the payment behavior in people's life and work more convenient and faster. For the general public, its benefits are limited to this, but its disadvantages are many, which not only seriously weaken people's control over their own wealth, seriously erode people's privacy rights, but also affect future generations.