The War on Cash is not just war on privacy, but war on the environment as well

www.wired.com

cross-posted to:
collapse@sopuli.xyz

The War on Cash is not just war on privacy, but war on the environment as well

www.wired.com

freedomPusher@sopuli.xyz to Cashless society, forced banking, and the War on Cash@slrpnk.net · 8 months ago

cross-posted to:
collapse@sopuli.xyz

Your Money Is Funding Fossil Fuels Without You Knowing It

www.wired.com

Banks use your deposits to make loans to carbon-intensive industries. A new analysis finds that $1,000 in your account creates emissions equal to a flight from NYC to Seattle.

Keeping $1k in a bank for 1 year is equal to the CO₂ emissions of flying New York to Seattle. Because banks invest in fossil fuels.

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Cashless society, forced banking, and the War on Cash@slrpnk.net

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In many regions people are being forced patronize banks. This community is for that discussion regardless of which side of the war on cash you are on.

The war on cash is war on privacy.

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