by L Ron Cupboard » Fri Apr 24, 2015 5:57 am
by Washington Resistance Army » Fri Apr 24, 2015 6:23 am
by Romalae » Fri Apr 24, 2015 6:33 am
by Great Nepal » Fri Apr 24, 2015 6:42 am
by Occupied Deutschland » Fri Apr 24, 2015 6:46 am
Romalae wrote:Gotta do a cost-benefit analysis. Sure, it might lead to a greater degree of monetary surveillance, but at least digital money isn't caked in fecal matter, cocaine, and stripper oil.
by Braberbourg » Fri Apr 24, 2015 6:49 am
by Great Nepal » Fri Apr 24, 2015 6:52 am
Occupied Deutschland wrote:Romalae wrote:Gotta do a cost-benefit analysis. Sure, it might lead to a greater degree of monetary surveillance, but at least digital money isn't caked in fecal matter, cocaine, and stripper oil.
You say this as if it's somehow a GOOD thing?
I prefer my money caked in cocaine and stripper oil, sir. The fecal matter is a more than acceptable byproduct.
I've never understood the attraction of debit cards or checks being used for anything other than paying bills that come in the mail. Always much-preferred cash myself, and I don't think we're going to be forced into a cash-free society anytime soon. Even then, it seems hard to imagine it becoming some kind of mandate as opposed to using non-cash forms of payment becoming so convenient most people opt for it.
by AiliailiA » Fri Apr 24, 2015 6:56 am
Cannot think of a name wrote:"Where's my immortality?" will be the new "Where's my jetpack?"
Maineiacs wrote:"We're going to build a canal, and we're going to make Columbia pay for it!" -- Teddy Roosevelt
Ifreann wrote:That's not a Freudian slip. A Freudian slip is when you say one thing and mean your mother.
by L Ron Cupboard » Fri Apr 24, 2015 7:11 am
Great Nepal wrote:In the long run, absolutely - we are already seeing move towards cashless with development of contactless although in near future I dont see it happening - use of cash will reduce and large chains might stop accepting cash because the handling costs just isn't worth it but smaller shops (especially pop-up stalls) can't afford to be too choosy so I think they will continue trading in cash for quite some time.
by Great Nepal » Fri Apr 24, 2015 7:34 am
L Ron Cupboard wrote:Great Nepal wrote:In the long run, absolutely - we are already seeing move towards cashless with development of contactless although in near future I dont see it happening - use of cash will reduce and large chains might stop accepting cash because the handling costs just isn't worth it but smaller shops (especially pop-up stalls) can't afford to be too choosy so I think they will continue trading in cash for quite some time.
That is pretty much how I would see it coming about, it would start with chains like supermarkets and fast food retailers. Combined with a move to online shopping for lots of things as well. At some point I suspect it would be banks making the choice, if some of them stop wanting to handle cash.
by The Liberated Territories » Fri Apr 24, 2015 8:18 am
by The Blaatschapen » Fri Apr 24, 2015 8:33 am
Great Nepal wrote:L Ron Cupboard wrote:
That is pretty much how I would see it coming about, it would start with chains like supermarkets and fast food retailers. Combined with a move to online shopping for lots of things as well. At some point I suspect it would be banks making the choice, if some of them stop wanting to handle cash.
Yeah that makes sense to me, although I think it will be the other way round with banks - large banks wont want to loose their long standing customers whilst smaller specialized ones will open up to cater for customers not using cash and offering better rates to compensate for their reduced costs. Eventually central bank decides its stupid to print money and anyone still using cash will be forced into it as notes deteriorates and isn't replaced.
by Ethel mermania » Fri Apr 24, 2015 8:44 am
by New DeCapito » Fri Apr 24, 2015 9:46 am
by Teemant » Fri Apr 24, 2015 9:48 am
New DeCapito wrote:A cashless society is naturally flawed, because credit cards can be tracked and bank accounts can be hacked. If I had the means I'd prefer to keep my money in a tangible form, where I know it's safe.
by Sebastianbourg » Fri Apr 24, 2015 9:50 am
New DeCapito wrote:A cashless society is naturally flawed, because credit cards can be tracked and bank accounts can be hacked. If I had the means I'd prefer to keep my money in a tangible form, where I know it's safe.
by Big Jim P » Fri Apr 24, 2015 9:51 am
Ethel mermania wrote:The feds would prefer Cashless. That way EVERY monetary transaction wI'll have a paper trail.
by Pope Joan » Fri Apr 24, 2015 9:59 am
by Big Jim P » Fri Apr 24, 2015 10:00 am
Pope Joan wrote:We have seen that it is much easier to rob people electronically than it is physically.
Look at all those who have had their accounts hacked.
So, of course, I see every reason to believe that government and business would collude in this change, in order to rip us off.
by Teemant » Fri Apr 24, 2015 10:02 am
Big Jim P wrote:Ethel mermania wrote:The feds would prefer Cashless. That way EVERY monetary transaction wI'll have a paper trail.
Which is precisely why certain (illegal) businesses are cash-only.
It is also the reason I make certain purchases (legal of course) with cash. Some things are no one elses (especially the governments) business.
by Big Jim P » Fri Apr 24, 2015 10:05 am
Teemant wrote:Big Jim P wrote:
Which is precisely why certain (illegal) businesses are cash-only.
It is also the reason I make certain purchases (legal of course) with cash. Some things are no one elses (especially the governments) business.
I don't think it possible to see what was bought from store when paid with card (not credit card). I think it just possible to see how much money was spent.
by Pope Joan » Fri Apr 24, 2015 10:05 am
by New DeCapito » Fri Apr 24, 2015 10:06 am
Teemant wrote:Big Jim P wrote:
Which is precisely why certain (illegal) businesses are cash-only.
It is also the reason I make certain purchases (legal of course) with cash. Some things are no one elses (especially the governments) business.
I don't think it possible to see what was bought from store when paid with card (not credit card). I think it just possible to see how much money was spent.
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