Daily Bulletin

Depending on who you are, the benefits of a cashless society are greatly overrated

  • Written by Steve Worthington, Adjunct Professor, Swinburne University of Technology
Depending on who you are, the benefits of a cashless society are greatly overratedCashless payment systems are not socially neutral. They discriminate against the 'unbanked'.Shutterstock

After recreational cannabis use became legal in Canada last October, research shows the number of bank notes in circulation fell sharply. Before, marijuana buyers used cash to keep their transactions anonymous. After, there was a massive switch...

Read more: Depending on who you are, the benefits of a cashless society are greatly overrated

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