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Cashless Biometrics And India’s Demonetization Experiment

Well, that didn’t take long. In the wake of India’s demonetization of the 500 and 1,000 rupee notes last November, I wrote an editorial (“Crisitunity in India’s Cash Crunch“) where I noted that one significant reason for the drastic move was the chance to rein in India’s sizable informal economy: In India, they call cash Read More…

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Choke Point: How the Government Will Control the Cashless Economy

FROM: New United Nations HQ – Consumer Enforcement Division TO: Winston Smith DATE: 02/17/2025 SUBJECT: Revocation of commercial interaction license Dear Consumer, Our biometric detection division has confirmed that you participated in the protests at last month’s coronation of Hillary Clinton as Supreme Leader of the United States for Life. Your case was reviewed by Read More…