Digitized Money...Sure, More Efficient, But at What Cost to Our Freedoms? Maybe All.
"The future of money is digital currency." Bill Gates For my class project I was assigned to write an essay on personal economics. I decided to interview my mom on how things have changed since the 2020s, when she was a child, and today. So what I thought I would focus on was how the move to total digital currencies changed society forever. So where do I begin? I could point to how shopping is so much more convenient, and personalized. My mom said in her day you had to carry money or a plastic card to make a purchase. Now that is all handled with the digital wallet, or micro-chip, inserted into my hand. Everything is connected to the bank and I get a notice when my funds are getting low. As I noted, even shopping is personalized. All people have had their DNA filed and analyzed for instance. According to my DNA I stand a 60% chance of developing type-2 diabetes in my life. So once I go over a prescribed threshold for sweets or carbohydrates, I am not authorized to buy an