News for hackers. Stuff that matters.

A comment on More phones, few banks, instability are transforming Somalia to cashless society. Parent comment

Re:More phones, few banks, instability are transforming Soma... by jerguismi on Sunday February 28, 2016 @02:48AM (#11190244)
"We can see already with the encryption trojan programs that ask for Bitcoins/altcoins to decrypt your data - something like that wouldn't be reasonable and work on a large scale with cash."

Well, if everyone would drive with horses, there wouldn't be deadly high-speed traffic accidents.

[ Parent | on HN ]
Re:More phones, few banks, instability are transforming Soma... by frik on Sunday February 28, 2016 @03:05AM (#11190280)
You have it backwards. Horses aren't forbidden, you can still use them on the road. The horror, you can even still walk by foot on the road (near the side).

Some wealthy parties nowadays try to convince certain players to forbid cash.

[edit: disclaimer: of course depending on states law, horses/cars/pedestrians/trains/what-ever are forbidden or allowed on certain autobahn/freeway, railroad, subway, etc. The point was about forbidding cash for the sake of forbidding cash, just to track all your money movement, to be transparent. As a consequence you have to be very careful and loose your freedom. That would be like going back to Soviet Russia or similar times, were the trust is gone.]

[ Parent | on HN ]
Re:More phones, few banks, instability are transforming Soma... by dragonwriter on Sunday February 28, 2016 @03:11AM (#11190291)
On some roads, horses and pedestrians are allowed. But certainly not all; both (and bicycles, as well) are banned on freeways in many jurisdictions.
[ Parent | on HN ]