According to- Melissa Lin: Increased risk of security breach: A cashless society may bring about increased risks to personal and national security. From a personal security standpoint, the risks we already experience when we lose credit cards or our phones would only be exacerbated in an environment without paper currency. Cash is one of the last man-made means of protection that he or she has against governments that have grown to a degree of power that they never had before. The Dangers of a Cashless Society There are two predominant dangers that come with a cashless society, and just about … Continue reading →

Source: The Risks of a Cashless Society and Its Impact on the World – LewRockwell