@mott-the-hoople saidYou can always barter your goods or use silver coins
cashless = giving the govt total control over your livelihood.
@vivify saidThey got me for four bucks with that electronic EZ Pass robot surveillance
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 cash ...[text shortened]... ictions.
In short, there more advanced we become, the less realistic a cashless society becomes.
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@divegeester saidCash is king.
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
@shallow-blue saidIt won’t and it will pay for itself in petrol expensive trips to deposit your cash.
And if the card reader costs more than the eggs bring in?
The cashless society is great for the rich, and yet another rod to break the backs of the poor.
Cash is going to go regardless of the ‘Luddites’ tears
@divegeester
As usual there are pluses and minuses to go cashless.
The minus side I see, is what if there is a successful attack on our digital system, say Russia or anyone knocks our sats sending data around the world? That is a vulnerability that cannot be ignored.
I have gone cashless right now because I don't have any cash🙂
When I had cash I wanted some in pocket, for instance if my debit card doesn't work for whatever reason and I am on my way to work and have to have gas to get their but the card is dead. That has actually happened to me several times and not because I had zero in the bank but because of the watchdog thing some purchase is deemed suspicious and click the card out.
So I have to call the bank and wait for a human who looks at the transactions, each on in turn, here is a purchase for $34.20, is that yours, yes. on to the next ten and finally they go, ok your card is freed up now.
Another cashless problem is my variable amount of money I put in the bank, charges come in that were paperless like the other day T Mobile said thank you for your payment of 170 dollars we automatically withdrew from your account and I only had like 3 bills in the bank so that was a shocker and yes I should have known it is coming out.
So these withdraws are more convenient but only secure if you are already rich.
Which I am decidedly not.
If everyone had ten thou in the bank that would work ok but what if your bank account gets pumped up say once a week or once a month and that adds up to just a couple thou, what then when that couple thou becomes a couple hundred?
@divegeester saidHere in the Netherlands it mostly is coinless.
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
Cards and phone-apps.
doesn’t bother me in the least.
That being said, seemingly it is hard on poorer people and folk who aren’t good at handling money. They lose track of how much they’re spending.
@shallow-blue saidProve it.
Don't be silly. Cryptocurrencies are an even worse scam than cashless. No wonder libertarians love them.
@Metal-Brain
Here you go again, intellectually lazy as hell where you apparently have made the determination Crypto is good without actually looking into the plusses and minuses so you don't WANT to know the downside to crypto. Typical MB tactic.
@sonhouse saidI know far more about cryptocurrencies than you do.
@Metal-Brain
Here you go again, intellectually lazy as hell where you apparently have made the determination Crypto is good without actually looking into the plusses and minuses so you don't WANT to know the downside to crypto. Typical MB tactic.
You are projecting again.
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@kevcvs57 saidAll that tells me is that you have no idea what it's like to be truly poor and disenfranchised - and that you don't really care about those who are.
It won’t and it will pay for itself in petrol expensive trips to deposit your cash.
Cash is going to go regardless of the ‘Luddites’ tears
Petrol expensive trips? Deposit your cash? There are still people, more than you'd think, who cannot afford a car, and never get enough cash together to deposit anywhere because they're trying to survive hand-to-hand-to-mouth (and all too often failing). Going cashless would be deadly for them, quite possibly literally.
@shallow-blue saidThen you clearly either, do not understand much, or you have not read my post correctly.
All that tells me is that you have no idea what it's like to be truly poor and disenfranchised - and that you don't really care about those who are.
Petrol expensive trips? Deposit your cash? There are still people, more than you'd think, who cannot afford a car, and never get enough cash together to deposit anywhere because they're trying to survive hand-to-hand-to-mouth (and all too often failing). Going cashless would be deadly for them, quite possibly literally.
If you have a card reader, which are not at all expensive and you live in a rural setting with no car you especially do not want the expense of having to physically bank any cash you make from selling your eggs. Why would you prefer that option if you are poor.
Your reply tells me you know nothing of actually being poor in a rural setting where there are very few to no banks within walking distance and going cashless would save you a lot of effort and expense.
You shouldn’t look in the mirror and accuse someone else of being your reflection. I know all there is to know about being poor and I prefer cash free for that very reason.
Some of you won't be able to see the point because the example I'm using will trigger you. But here's an example of where we're headed...
https://www.businessinsider.com/mypillow-ceo-mike-lindells-bank-cuts-ties-with-him-2022-2 (One of Mike Lindell's banks cuts ties with him over "reputation risk" ). The government wouldn't have the right to do this now (although a congressman could probably have a quick phone call and make it happen behind the scenes). There are other examples recently of political speech being pressured to shut up similar to this.
Some of you are thinking "good, he deserves it". But that is rather short sighted. This is just an example of the mainstream culture marginalizing an opponent who had enough clout to make a difference. If you never find yourself outside the cultural mainstream, this probably doesn't concern you. You'll never be marginalized. Perhaps Mike Lindell is totally wrong. But one day, someone like Mike Lindell is going to be right. That future person can be silenced as easily as we silence Mike Lindell now.
Notice that "reputation risk" does not exist in a vacuum. It is 100% the result of the dominate culture pressuring. Using that basis implies there is literally no objective test of reasonableness that will allow a person to continue to use the financial system. It 100% depends on how bad your opponents want to marginalize you (or a congressman cuts a deal on a unrecorded phone call).
Cashless is great and easy, until one day it's not.
@techsouth saidI get the point but not sure what it has to do with cashless or not cashless this could happen regardless unless you get around banks altogether you are at their mercy and in extreme circumstances the state that ultimately allow them to operate.
Some of you won't be able to see the point because the example I'm using will trigger you. But here's an example of where we're headed...
https://www.businessinsider.com/mypillow-ceo-mike-lindells-bank-cuts-ties-with-him-2022-2 (One of Mike Lindell's banks cuts ties with him over "reputation risk" ). The government wouldn't have the right to do this now (although a co ...[text shortened]... sman cuts a deal on a unrecorded phone call).
Cashless is great and easy, until one day it's not.
A recent example was the Canadian state that froze peoples bank accounts during the mask mandate protests.
End if the day unless you go cash and keep it all under the mattress you have. I ultimate control of it.