[REAL TALK] How do you feel about the decline of cash and a cashless society?

[Hype job]

https://www.moneysavingexpert.com/ne...-for-the-time-

Card and contactless payments overtake cash for first time

Card payments have overtaken cash for the first time ever, according to the latest figures from the British Retail Consortium.

The British Retail Consortium's (BRC's) annual Payments Survey shows more than half of all retail transactions were paid for by card rather than cash in 2016.

Plan to shut free-to-use cash machines could lead to ‘ATM deserts’ in UK

Industry lobby group warns of catastrophe and urges government to step in to prevent closure of 10,000 Link ATMs

https://www.theguardian.com/money/20...atm-deserts-uk


http://www.businessinsider.com/cash-...ay-2014-8?IR=T






Personally it makes me feel uneasy. Something Orwellian about all your purchases being recorded and banks and governments having the ability to shut you down.

Not only that but I prefer using cash to budget, I find I tend to overspend with cards.

[Hype job]

Sterling Archer

[Prince Madison]

pretty **** cause you cant use card for everything and a lot of the smaller shops charge for it.

[BrometheusBob.]

I am sorta on the fence. On the one hand, it's nice to have cash transactions that aren't strictly recorded. Feels a lot less big brother-y.

On the other hand, dealing with change can be a hassle. Dealing with putting cash into machines can be a hassle. And ordering online pretty much requires a card.

Also, credit card companies charge a fee and there are vendors that will just pass that fee back on to you.

[siablo14]

Nah. Strippers need to be paid.

[Phenom]

I use cash for weed only tbh

[papichulosweg]

I dont use cash my wife takes all my money

[Sugar Adam Ali]

I'm split either way..


I understand the caution about not having physical cash


But I also understand that technology has made it somewhat obsolete

[Hype job]

I'm split either way..


I understand the caution about not having physical cash


But I also understand that technology has made it somewhat obsolete

http://www.scmp.com/business/banking...cy-and-freedom

But there is a sinister, deep state motive to lure people into giving up cash. A cashless economy allows the government to fully control your holdings at banks. So authorities can charge negative rates, as in Japan, where they can literally deduct or charge fees from accounts without legal recourse.

RIP privacy & freedom. People also typically overspend with cards.

Cashless society is pure ****.

[Sugar Adam Ali]

http://www.scmp.com/business/banking...cy-and-freedom



RIP privacy & freedom. People also typically overspend with cards.

Cashless society is pure ****.

That article overblows things, on the verge of tinfoil hats