First of all, the technology depends on smartphones too much. When we start to use electronic money, we have to offer a lot of privacy information: name, home adress and bank account etc.Therefor, if our phones were stolen, our privacy informations might be stolen. And unless we have smartphones, we can not do anything. I’ve watched a chinese woman whose phone was broken. In fact, she struggled to pay everything.
Secondly, internet crime is so complicated. Recently many people invest in Cyrptocurrency on line. In January 2018, amount of virtual money was stolen from a firm in Japan. Many people just struggled with fear in front of the firm. And there was no way to solve the crime for them. The only thing to do was wating.
It is for reasons, I disagree to become a completely cashless society.
