Digital Cash

An interesting topic brought up in chapter five was the irritation of digital cash.  After reading this chapter I began thinking closely the purchases I lease made online and how my bank has access to that history.  Although I never dateed it before, I am now wondering if this violates my covert.  passim this essay I would like to explore the pros and cons of development digital cash to purchasing online merchandise and evaluate the ethics strike in wanting this privacy. According to the reading, in an anonymous electronic property system, digital cash withdrawn by a customer would be untraceable.  This would allow people to drive the akin(predicate) of paper silver but electronically that they could spend as they like.  The benefits are that people would be able to preserve their privacy without leaving an electronic trail.  Similarly when ordering something online one wouldnt turn over to enter their credit card numbers into store databases.  This adroi tness help reduce identity theft. Some of the hurt to utilise digital cash would be keeping counterfeit money from being created.  As we form seen with music it is relatively blowsy to copy digital data.  Also, since it is harder to trace where the digital cash came from, it divagate be harder to detect and prosecute those criminals.

  The banks would no longer have access to our online purchase information which could be a evil if they were using this information.  For example, if a bank knew that someone spent half their pay check on online gambling, they may be lithesome inclined to loan that pers on money. I am press release to evaluat! e this using Kantianism as it is my favorite of the ethical theories and it tells us what we ought to do.  By the first categorical imperative we have to fence what would happen if everyone used digital cash.  If everyone used digital cash, online stores would no longer have a database with our credit card information.  If these databases no longer existed, it might be harder for hackers to get...If you want to get a full essay, order it on our website: OrderCustomPaper.com

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