Why we should fear a cashless world
Here in Italy the big issue is that many business will just not declare cash transactions. It's pretty common not to be given a receipt when buying a coffee and often when you visit a doctor they'll say: do you want the invoice or a discount?A couple of friends got married recently and I found out they paid over half of what the owed in cash to get pretty decent discount.So before we talk privacy and company let's remember that this kind of hidden economy has a huge cost for society and it's very widespread in southern Europe.