“For some, it’s a dream come true: The ability to walk into a grocery store, grab anything you want off the shelves, and simply walk out. There’s no need to wait in line at a busy cash register. Your bank account will be automatically debited when you leave the store. It’s magical. …So the day is coming when people will be able to pull up to cashier-less stores in their driverless car, leaving their cashless wallet at home. All they will need is their smartphone and Amazon’s new app, called Amazon Go. The first Amazon Go pilot store is already open to the company’s employees in Seattle and it will open to the public in January. …While super convenient, Wood and others are cautioning to let the buyer beware. What you gain in convenience, you will lose in privacy.” –Source
Still think a cashless society is impossible? With this new app and literal storefront, you don’t even need to have your credit card on hand. Your cell phone is all you need! You just walk into the store with the phone and it tracks your every move and everything you literally pick up off the shelf so that when you walk out of the store your bank account can be instantly debited with whatever you purchased! Continue reading