Issues Main Topic Take Action

Help Draft our Cash Plank

A supporter asked if we had a position on the use of cash. We didn’t, so we started to draft one. If you are interested in helping us draft it, please suggest edits at our Etherpad page.

We have a draft below, but we need to update it to better reflect our plank on decentralized technologies. We plan to sign off on it at our member meeting this Thursday. See the side bar for details.

Cash is the first P2P service

People have used cash for over twenty five hundred years. While cash is created by governments, it exists as an anonymous form of personal exchange around the world. Unlike many cryptocurrencies, which use vast amounts of electricity often generated from dirty power plants, the use cost of cash is trivial. Other digital payment systems, such as Paypal or Venmo, are centralized, charge a fee and are not anonymous. Cash is a true peer-to-peer form of exchange and we oppose businesses requiring payment using digital means. We urge everyone to support local businesses by cutting out financial intermediaries, such as credit cards, and the predatory cut they take, and to instead use cash.
If you enjoyed this post, please consider leaving a comment or subscribing to the RSS feed to have future articles delivered to your feed reader.