From Scandinavia to Amsterdam to India and elsewhere, the trend of going “cashless” is gaining traction.
We have been covering the shortcomings of what is rightly called the War On Cash here at TDV for a while now and have shown just how negative the effects can be on an unsuspecting nation’s people.
Chandigarh, India, which is the capital of the northern Indian states of Punjab and Haryana, is like one of India’s labrats. Indian officials are working hard toward making it into India’s first cashless city.
This initiative is part of the Prime Minister of India’s call for state governments to begin developing what he’s calling “smart” cities.
That means cities attached to the latest internet technology. However there is nothing intelligent about his plan.
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