Cashless? My human right to use Cash in a free, democratic Society - Real News
Youtube Description: Mastercard, Visa, and Bill Gates are all pushing for polices to make it harder to use cash, hoping to keep closer tabs on the population through the trail of electronic transactions.
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Last viewed: 1 day ago Uploaded:
13 May 2020 (6 years ago)
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Shared: 14 May 2020
Duration: 10:32
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Who are Real News? The Real News Network (TRNN) produces independent, verifiable, fact-based journalism that engages ordinary people in solving the critical problems of our times. We examine the underlying causes of the chronic problems, and investigate and report on
effective solutions and models for change. People who fight for human rights and work for solutions are newsmakers. We believe that real change will be driven by the people who need it most.
What is Cashless? A cashless society describes an economic state whereby financial transactions are not conducted with money in the form of physical banknotes or coins. Transactions are through the transfer of digital information (usually an electronic representation
of money) between the transacting parties. Cashless societies have existed from the time when human society came into existence, based on barter and other methods of exchange, and cashless transactions have also become possible in modern times using digital currencies such as bitcoin.