1 Comment
User's avatar
⭠ Return to thread
Aengus's avatar

Hello Stuart. My share and financial dealings similarly are of a digital nature from an intermittently connected desktop with firewall and I optimise the security arrangements around such despite the tedious nature at the time of retrieving text codes or finger/face recognition second level log-ins. Despite all this being available, identity theft is a very large, under reported, and devastating life event. I don't trust my phone very much at all, tbh.

I benefit from increased bank profits, as it happens.

Not everybody will benefit if all 'cash ' ever transitions to digital. This is regularly discussed online, often in conspiracy theorist groups admittedly, but one doesn't have to wear a tinfoil hat to see that if currency becomes digital that a rogue government (Labor/Lib.nat/GREENS in this country...) got control that there is very little that one could do about the future silly policies that they believe are for the best of our nation without being seriously cancelled. Of note here is the Green offer of support for the flawed div. 296 bill in senate on provision of a reduced limit to super.. If the currency were already digitalised, there would be big problems for people moving their money around in the face of the new unprecedented taxation methodoligies being forced through.

Perhaps we should have a propaganda missive on blockchain?

Expand full comment