Cash is being used less frequently to settle debts. Technological developments and environmental impacts have resulted in the way in which payment is made for goods and services changing. Many retail businesses accept contactless payments, many occupations such as window cleaners accept bank transfers, companies such as Microsoft accept cryptocurrency as a means of payment for games and coffee shops such as Starbucks accept cryptocurrency, although indirectly, for a latte. In recognition of this, discuss:

(a) the social and ethical implications as we increasingly move to a cashless society;

and

(b) the action you think government should take if there should be negative consequences.