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cashless businessesCurrent Affairs
•67% Informative
Frida Ghitis : The "Cashless Society" is a terrible idea.
She says it discourages petty crime and discourages mugging, pickpocketing and mugging.
Ghitis says the "cashless society" makes it hard to get by for the homeless.
She writes: It's a bleak and hostile place for certain marginalized people.
The “cashless society” hits homeless people coming and going, says Frida Ghitis .
Ghitis: Going cashless can be understood as a form of gentrification.
She says it makes the world frictionless and easy for those who can afford it, and shuts out those who don't have a bank account or phone with a mobile account.
The first casualties in a fully cashless economy would be privacy, Ghitis says.
There's been a noticeable trend of people being “de-banked” for political reasons.
The idea that a national government can just declare an “emergency” and prevent anyone they like from accessing their money is chilling.
VR Score
61
Informative language
54
Neutral language
16
Article tone
informal
Language
English
Language complexity
46
Offensive language
likely offensive
Hate speech
not hateful
Attention-grabbing headline
not detected
Known propaganda techniques
not detected
Time-value
short-lived
External references
40
Source diversity
32
Affiliate links
no affiliate links