(CGN) Capital Growth Network

  Have you noticed the gradual yet subtle changes to the banking system? The: ·          increase in branch closures. ·          reduction in staff and counter services. ·          Introduction of digital currencies. ·          introduction of mobile phone banking.   Do any of the above cause you concern, or do you perceive these changes as beneficial innovation and necessary for advancements in efficiency? Let us examine the implications.   Cash may soon symbolise the only freedom left available to us. We live in a society that openly tracks and monitors our every move and to some extent, our thoughts using algorithms based on our online activity. From the minute you leave your home, you are monitored by CCTV to and from your destination. When you tap in and out with an oyster card, your entire journey is mapped out. When you make purchases using a credit or debit card, your every purchase is logged.   Cash offers some sense of privacy, whether it’s making purchase