Another step down the road...
First they debased the coinage.
Then they invented paper 'money'.
They did away with (almost completely now, does anyone still get one?) the pay packet in favour of electronic bank transfer.
They're slowly eroding 'cash'.
Remind me again, what's the interest rate at, and for how long now?
When you only have access to your credits electronically, how easy is it to be made instantly destitute?
Biting the hand that feeds IT
