A cashless society protected by biometrics, is something we can all look forward to! It will finally usher in the end of the black economy and tax avoidance!

As it will allow every transaction to be recorded electronically! Which would then allow an unavoidable expenditure tax to replace all other tax measures and in so doing, effectively end all tax avoidance!

Which as the very first consequence allow the common tax burden to be seriously reduced? Say to just 5% of all expenditure, along with an upward adjustment in social welfare!

Which will ensure at the very least, an equivalent adjustment to offset new automatic tax imperatives and increase essential discretionary spending/as well as end unmet need!?

And given tax collection is entirely automatic, courtesy of accompanying electronic data! Allow the corporate world to pocket the current 7% averaged, currently ripped from the bottom line by tax compliance costs, which would be rendered entirely unnecessary!

Name your pleasure, the bona fide service of the genuine national interest; or narrow vested interest? Given we can't do both!

Although some devious disingenuous disciples of dictatorial diabolical demagogues, dumbly dedicated to their despicable diatribes? Duh? Might well argue for the latter?
Alan B.

A study by Mastercard suggests all this? Well of course Mastercard would love a cashless society - big interest to be charged. Consumers would also like it? But most of them are using someone elses's money (and paying dearly for it); but what if this 'cashless society' entailed the use of debit cards and use of one's own money? Not so popular then, either for the current card usurers or the users. This cashless society thing that regularly comes up, would mean more addiction to debt, and more scandalously high interest for the card providers.

yeap Banks make far more money from a cashless transactions then they do a cash ones. So it's no wonder they keen on it, and low and behold their push polling has found out we want it to.

Cashless would not have worked very well in Adelaide when the power grid collapsed.

Biometrics are not good for authorisation purposes. It has already been demonstrated that fingerprints can be copied from a distance, and iris scans are similarly vulnerable. Such identification is even worse that current methods because, should someone copy your biometrics, you can't get a new face or fingerprints.

And it really is a matter of when, not if, biometric data is hacked. Secure computer systems, that are absolutely secure, are as rare as unicorns.

Another problem is that, unless something like Bitcoin's ledger is used, the government can monitor all your activity, and control it. Already in the USA, legal marijuana retailers, porn actors, and others have found themselves unable to open or maintain a bank account. Now imagine if a government doesn't like you, your politics, or your religion. You could find yourself without access to the economy.

Cashless is brainless.

I think everyone should just have a barcode tattooed on their forehead. This would make it easier and more convenient for our political overlords and their pet favourites in the banking cartel to extract as much from our accounts as they want. Better still, a permanent canula into our veins so the parasite class can just bleed us at will. And of course it goes without saying that the political class must have a licence to inflate to billy-oh.

A cashless society already exists in Australia - in prisons!

If Australia tries to force me to carry those electronic gadgets just in order to be able to pay for my food and clothing, then I will leave Australia and curse it to be ruined. If the same also happens all over the world then I will leave this world too, not before praying that it be reduced to ashes.