The most important aspect is control.
If it’s all digital they can cut you off at any moment, as they are doing now with certain journalists.
After the 2008 financial ‘crisis’ they had to decide on bail outs to reward the scammers.
After that they left their gambling system intact, nobody (except in Iceland) got punished and we will inevitably have another crash.
But they did change it for us suckers who paid for it the first time.
Now there is a bail in system where they will simply take anything above a certain amount on your account.
The most important aspect is control.
If it’s all digital they can cut you off at any moment, as they are doing now with certain journalists.
After the 2008 financial ‘crisis’ they had to decide on bail outs to reward the scammers.
After that they left their gambling system intact, nobody (except in Iceland) got punished and we will inevitably have another crash.
But they did change it for us suckers who paid for it the first time.
Now there is a bail in system where they will simply take anything above a certain amount on your account.
Not only being able to be cut off, they can know specifically that any given person buys. There will be zero privacy
Data of your smoking, drinking, sugar intake and whatever for the insurance companies