It looks like you're using an Ad Blocker.
Please white-list or disable AboveTopSecret.com in your ad-blocking tool.
Thank you.
Some features of ATS will be disabled while you continue to use an ad-blocker.
originally posted by: G1111B1234
a reply to: CriticalStinker
It’s talking about a system where money is no longer is needed. It’s spoken about how it will help reduce crime and people who claim benefits coming into country can only use it within the parameters of how it’s set up.
All transactions will be recorded and if it detects any wrong doing then it will start an investigation etc.
It's going to be tied to your 'social credit score' for sure. And it's nice to have cash options. I always carry $100 in my wallet in case cards don't work for whatever reason.
originally posted by: BeyondKnowledge3
Only about 8% of the worlds money is actually printed cash and coins. What difference would this make to not having physical money when 92% is already just tracked numbers? Using cash for anonymous transactions sailed away long ago.
money.howstuffworks.com...#
originally posted by: BeyondKnowledge3
Only about 8% of the worlds money is actually printed cash and coins. What difference would this make to not having physical money when 92% is already just tracked numbers? Using cash for anonymous transactions sailed away long ago.
money.howstuffworks.com...#