Today we're discussing scenarios (and especially the risks) of a cashless society as outlined here:

https://www.ajg.com/-/media/files/gallagher/global/insights/cashless-economies-three-major-risk-scenarios.pdf

This report examines three key risks associated with a global shift towards cashless economies. It highlights the potential for significant hardship among vulnerable populations lacking technological access or financial literacy. The report also discusses the increased power of governments to monitor and potentially control citizen behavior through digital transaction data. Finally, it addresses the heightened cybersecurity risks and potential disruptions from power outages or system failures inherent in a cashless system. The overall message emphasizes the need for a careful and equitable transition, prioritizing resilience alongside efficiency.

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