Originally Posted by tesla69
basically the point is you won't ever hold money in your hand. It will be held by some entity. If you do something or say something or get hacked and end up on their list for any reason you'll go on the No Money list.
They might give you a hard time, but now you can go to a bank and withdraw your money. The coming cashless society will not permit you to do that.
This is what is radical. We are not radical. We're fucking normal. The cell phonie assholes are abnormal.
Hole in your argument. The money in an individual bank account is as imaginary as any cashless scenario. It is just as subject to the tom foolery you suggested. Indeed if everyone were to go and withdraw their cash they would find many banks do not actually have matching amount of cash.