Credit slips (but should not fall)
Bill Maurer · Distinktion Journal of Social Theory · 2012
Recent calls for ‘cashlessness’ – for abolishing paper money as a medium of exchange – draw attention to the operations of payment, the act of value transfer through electronic and other infrastructures. Exploring payment infrastructures and their multiplication through new networks, especially but not limited to mobile telecommunications, this paper argues that the attempt to eliminate cash from the palette of payment ‘choices’ throws into relief the role of the state as arbiter of value, and the credibility of institutions, persons, and networks subtending value.