Digital Cash

An interesting topic brought up in chapter five was the pique of digital cash.  After reading this chapter I began thinking well-nigh 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 come to 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 According to the reading, in an anonymous electronic property system, digital cash withdrawn by a customer would be untraceable.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 uniform of paper coin 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 suck to enter their credit card numbers into store databases.  This skill help reduce ident ity theft. Some of the hurt to utilize digital cash would be keeping counterfeit money from being created.  As we hand over seen with music it is relatively loose to copy digital data.  Also, since it is harder to trace where the digital cash came from, it proceed 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 one-half their pay check on online gambling, they may be urbane inclined to loan that person money. I am liberation to evaluate 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 press 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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