@divegeester saidI’m for it, I’ve found that Ive spent less since I’ve gone total contactless, the only time I go to the hole in the wall is for work based collections.
How far away is the scenario of a truly cashless society with all its inherent dangers. Are you for or against, and why?
https://www.theguardian.com/books/2022/apr/18/the-big-idea-should-we-embrace-a-cashless-society
Coke heads will still be able to get their £50 notes from specialist online sites.
@kevcvs57 saidI’m dead against it, for dozens of reasons.
I’m for it, I’ve found that Ive spent less since I’ve gone total contactless, the only time I go to the hole in the wall is for work based collections.
Coke heads will still be able to get their £50 notes from specialist online sites.
It’s pretty detailed that you keep a record of your spending cash vs digital though. I’m guessing based on that that you’ve already gone cashless then. I don’t spend enough cash vs digital ratio for any differential in spending habits to make a significant difference.
21 Apr 22
@divegeester saidYeah I know the difference regarding my current account outgoings between when I was constantly drawing cash out and now that I only spend exactly what it says on the till. Online banking is a bit of a game changer too.
I’m dead against it, for dozens of reasons.
It’s pretty detailed that you keep a record of your spending cash vs digital though. I’m guessing based on that that you’ve already gone cashless then. I don’t spend enough cash vs digital ratio for any differential in spending habits to make a significant difference.
21 Apr 22
Going cashless is not a choice, it's the direction most societies are moving toward.
For example, in New York, there aren't even toll booths any more. It's all electronic. If you don't have an E-Z Pass a picture of license plate is taken and a letter is sent saying you must pay the toll within a certain time frame. Cash is not an option for payment.
Since going cashless is easier for businesses; it's quicker, less complicated and they don't have to deal with potential theft, either from robbers are their own employees. Imagine if Amazon accepted cash for deliveries; employees would have to waste time waiting for someone to answer and the customer may not even be home.
So while the thought of every single transaction you make being recorded is depressing, we can't do anything about it. At the very least, going cashless would help may help reduce some forms of crime like drug dealing, or at the very least help with getting more evidence of illicit transactions that could lead to convictions.
In short, there more advanced we become, the less realistic a cashless society becomes.
@divegeester saidIt's not just a cashless society we're heading toward, all documentation and records will be electronic.
I’m dead against it, for dozens of reasons.
It’s pretty detailed that you keep a record of your spending cash vs digital though. I’m guessing based on that that you’ve already gone cashless then. I don’t spend enough cash vs digital ratio for any differential in spending habits to make a significant difference.
For example, most people (especially younger folks) do no own physical copies of pictures. They are all stored online or on mobile devices.
I can see a day when IDs are no longer physical and you'll only be able to scan your ID; in fact, that's already in place for some online services.
A paperless society where your all your personal data can be accessed is another inevitable direction society is moving toward.
@divegeester saidFirmly against.
How far away is the scenario of a truly cashless society with all its inherent dangers. Are you for or against, and why?
https://www.theguardian.com/books/2022/apr/18/the-big-idea-should-we-embrace-a-cashless-society
Pretty much what is described as the mark of the beast in the bible. Taking away your ability to buy and sell. Knowing exactly what you buy where and when. Complete control over your life without cash.
How will I sell eggs from my chickens? Will garage sales vanish? People would barter as a last resort. If I was forced to go cashless I would use bitcoin or a privacy coin, but that requires getting a digital wallet, securing my computer from hackers and all of that.
Mott is right. Control.
@metal-brain saidYou get yourself a card reader you clown and you can sell as many eggs as you want.
Firmly against.
Pretty much what is described as the mark of the beast in the bible. Taking away your ability to buy and sell. Knowing exactly what you buy where and when. Complete control over your life without cash.
How will I sell eggs from my chickens? Will garage sales vanish? People would barter as a last resort. If I was forced to go cashless I would use bi ...[text shortened]... ing a digital wallet, securing my computer from hackers and all of that.
Mott is right. Control.
Are you so stupid that you think you have control over the money you have in your bank account?
That can be frozen and stripped at any time. The value of your cash can shrivel to nothing at any time 🙄
It’s about convenience and less waste there is no security already, ask the oligarchs.
@kevcvs57 saidI have to pay for a card reader? LOL!
You get yourself a card reader you clown and you can sell as many eggs as you want.
Are you so stupid that you think you have control over the money you have in your bank account?
That can be frozen and stripped at any time. The value of your cash can shrivel to nothing at any time 🙄
It’s about convenience and less waste there is no security already, ask the oligarchs.
How much does it cost? Do you even know?
"The value of your cash can shrivel to nothing at any time"
That is true of central bank digital currency too. There is still cryptocurrency you know. Bitcoin is very unlikely to shrivel to nothing. Governments accept it.
21 Apr 22
@metal-brain saidWow how will that ever pay for itself in no trips to put your cash in the bank 🙄 or I suppose you could stick in that pot you have at the end of the rainbow.🌈🪣
I have to pay for a card reader? LOL!
How much does it cost? Do you even know?
"The value of your cash can shrivel to nothing at any time"
That is true of central bank digital currency too. There is still cryptocurrency you know. Bitcoin is very unlikely to shrivel to nothing. Governments accept it.
- Joined
- 18 Jan 07
- Moves
- 12477
21 Apr 22
@divegeester saidDead against. It is yet another way for big financial businesses to control our lives. It has also been proven dangerous for the less mentally strong - it's much easier to lose control and go over your budget with a debit card or contactless than with cash, and easier yet with a credit card. And, of course, it is yet another way to push the homeless further into trouble.
How far away is the scenario of a truly cashless society with all its inherent dangers. Are you for or against, and why?
https://www.theguardian.com/books/2022/apr/18/the-big-idea-should-we-embrace-a-cashless-society
- Joined
- 18 Jan 07
- Moves
- 12477
21 Apr 22
@mott-the-hoople saidYou mean 'finance industry' rather than 'govt', but other than that, yes.
cashless = giving the govt total control over your livelihood.
- Joined
- 18 Jan 07
- Moves
- 12477
21 Apr 22
@kevcvs57 saidAnd if the card reader costs more than the eggs bring in?
You get yourself a card reader you clown and you can sell as many eggs as you want.
The cashless society is great for the rich, and yet another rod to break the backs of the poor.
- Joined
- 18 Jan 07
- Moves
- 12477
21 Apr 22
@metal-brain saidDon't be silly. Cryptocurrencies are an even worse scam than cashless. No wonder libertarians love them.
. There is still cryptocurrency you know. Bitcoin is very unlikely to shrivel to nothing. Governments accept it.