Visa and the cashless society: freedom is not so priceless
Visa has just launched a social initiative aiming at financially rewarding business who accept to help win Visa’s war on cash with a 10-000-dollar check. At stake: completing the transformation of economies with the deletion of physical currency and making all payments digital and tappable. But despite rather valid arguments on the purely financial aspect of the shift, civil liberties activists warn that the toll on individual liberties would be devastatingly high.