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GodlessCommie@lemmy.worldM to Late Stage Capitalism@lemmy.worldEnglish · 7 days ago

Why the banks want a cashless society

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Why the banks want a cashless society

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GodlessCommie@lemmy.worldM to Late Stage Capitalism@lemmy.worldEnglish · 7 days ago
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  • excral@feddit.org
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    6 days ago

    It’s so weird that digital infrastructure is still treated so different from traditional infrastructure in so many ways. Plumbing and electrical networks are run by the state, why not treat fibre networks the same way? Same with digital vs traditional cash.

    • Noodle07@lemmy.world
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      2 hours ago

      Because there’s profit to be made and that’s how the EU works, can’t be allowed to centralize networks even if it’s way more efficient

    • CheeseNoodle@lemmy.world
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      5 days ago

      Especially when most actual network improvements are paid for directly by the government/taxpayer yet magically become the property of private companies.

      • Alwaysnownevernotme@lemmy.world
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        5 days ago

        Or better yet are paid for by the taxpayers. Not even remotely delivered on. Then hand waived with no consequences.

        https://www.washingtonpolicy.org/publications/detail/the-42-billion-internet-program-that-has-connected-0-people

        https://www.huffpost.com/entry/the-book-of-broken-promis_b_5839394

        Oh want to do some crimes? Where’s our cut?

        https://www.techspot.com/news/102798-fcc-slaps-top-telecom-companies-200-million-fines.html

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