£1984: does a cashless economy make for a surveillance state?

Interesting article on the potentially intrusive nature of a cashless society. Multiple that by what Google and Apple already know about us, and then add their cashless Apps in!

http://www.theguardian.com/sustainable-business/2015/sep/30/1984-does-a-cashless-economy-make-for-a-surveillance-state

Intriguing footnote. If you’d bought 1 bitcoin, the only real alternative electronic cash not run by the banks, on the day of this article it would have cost you $234 US. Today, some 34 days later its market value is $361 US. Nice little 54% rise in a month. 🙂