D. Cummings writes that it’s important for Canadians to continue spending cash to ensure it stays relevant as a form of currency. (Unsplash.com photo)

D. Cummings writes that it’s important for Canadians to continue spending cash to ensure it stays relevant as a form of currency. (Unsplash.com photo)

LETTERS: Keep spending cash, so crypto doesn’t take over

Editor:

Change is good, especially in your pocket.

Recently I have seen a lot of references to digital currency, which gives rise to some anxiety. I would like to share the reasons so that you might give it some thought also.

Yes, it is convenient. No counting cash and no memorizing passwords. You can just swipe your QR code and, voila!

But what it really means is that there will be no cash.

No more purchases off marketplace or garage sales unless risking transfer fraud; no more cash from grandparents or birthday cards, piggy banks or the tooth fairy; no more cash in the church plate or cash to the homeless; no bartering or poker parties.

And the most negative aspect is every transaction you make is recorded by the bank and the government, and all your movements will be traceable. This infringes on your privacy and freedoms.

If this system is implemented, it will be the future of your children. As a grandmother, I am very concerned.

So keep using cash as much as possible to insist on its usefulness in society.

Let’s talk about this.

D. Cummings, South Surrey

cryptocurrencyLetter to the Editor