Cash and freedom

by Chris Bertram on February 16, 2016

Paul Mason has an article today [about the impending end of cash]( The subtitle asks “But what would a cashless society mean for freedom?” but sadly the article itself has little to say on the subject. It isn’t hard to see, though, that the end of cash would give governments almost unlimited power to deny resources to those they consider undesirable. We’ve already seen this with the way that the Obama administration successfully pressured the major credit card companies to block donations to WikiLeaks. And it is a key component of the UK’s rather horrible Immigration Bill 2015 which has as a central purpose to create a “hostile environment” for people who lack authorization to be on the territory of the state by, inter alia, “working with banks and building societies to restrict their access to bank accounts”. In practice this means that people whose right to remain is cancelled could almost immediately lose access to the resources they need to fight the administrative decision against them. History shows that technologies that are first piloted against one group of people can be extended to others. We face a future where people deemed by the executive to be problematic in some way could lose access to all means of payment. At least with cash you can subsist on the margins of society; without it, government control is potentially total. Perhaps this is coming sooner than we think?