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Is a cashless society good?
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By *hagTonight OP Man 25 weeks ago
From the land of haribos. |
I dont think it is because imagine if there is a war starting or an emergency noone could get out any money to escape and as well those who cant afford to have it, it is yes handy to have cards but it has its good and and bad points  |
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The problem with a cashless society is that if the internet crashed or banks were hacked we would have no way to pay for things. It is a form of control.
That said then the banks will know exactly what money is out there and there will be none stashed away anywhere.
There are privacy concerns and security concerns, we have already seen banks where people can’t digitally access their money.
That said who really uses cash now, almost every machine takes card, traders take card or bank transfers.
It costs more to make cash now than its value due to the price of metals
The main thing is how do we get or train people to use the digital era when some don’t have access? If you want a cashless society then things like the internet will need to be free to enable all to also shop that way |
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I've recently started drawing cash out to pay for things. I had to supply bank statements to a law firm recently and saw how all my movements are followed by my transactions. I felt a bit uncomfortable about it. Until then I'd never thought about it I suppose. Cash is king from now on  |
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By *929Man 25 weeks ago
bedlington |
I hope it never goes that way. I often sit and think that everyone’s savings are just numbers on a screen, how easy would it be for it to be wiped out? I’d rather have it in the house but worry about being burgled when out or fire |
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A full cashless society I'd rather not see. From hacking to tracking to the social attitude.
One friend refuses to take physical cash if as a group they're paying because they got an offer or something. Demands transfers.
But, it also makes the whip around at work for birthdays and that so much harder without cash |
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By *aseylee324Couple 25 weeks ago
Valley of Squinting Windows |
"I've recently started drawing cash out to pay for things. I had to supply bank statements to a law firm recently and saw how all my movements are followed by my transactions. I felt a bit uncomfortable about it. Until then I'd never thought about it I suppose. Cash is king from now on "
I've been doing this for years  |
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"I've recently started drawing cash out to pay for things. I had to supply bank statements to a law firm recently and saw how all my movements are followed by my transactions. I felt a bit uncomfortable about it. Until then I'd never thought about it I suppose. Cash is king from now on
I've been doing this for years "
Nothing dodgy lol, But yes looking at a statement tells a story hey
I use to always be cash, I'm going back to the good old fashioned way |
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As someome who collects coins I would hate the idea of a cashless society. The fact you can find a coin in your change worth over 100 pounds is exciting.
On a more realistic level I just do not think a cashless society is practical. There are literally 1000s employed in the money world from people minting the coins to people emptying machines. Add in the fact that minting coins and notes is worth millions of pounds to the countru per year, The Royal Mint produce coins for many countries around the world, I just do not think it is something we will see in our lifetime |
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"I dont think it is because imagine if there is a war starting or an emergency noone could get out any money to escape and as well those who cant afford to have it, it is yes handy to have cards but it has its good and and bad points "
I use cash always, I will never go cashless. |
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"I've recently started drawing cash out to pay for things. I had to supply bank statements to a law firm recently and saw how all my movements are followed by my transactions. I felt a bit uncomfortable about it. Until then I'd never thought about it I suppose. Cash is king from now on
I've been doing this for years
Nothing dodgy lol, But yes looking at a statement tells a story hey
I use to always be cash, I'm going back to the good old fashioned way "
I am going realmoid school. Back to the bartering system trading items for items. Going to try swapping some trainers for a new phone today I’ll update everyone here how it goes |
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"Here in Spain cash is the preferred way to pay, I get paid in cash, only cash that gets banked is for direct debits."
When recently was in Norway, they'd look at you like you'd grown a second head if you wanted to use cash.
Which was very frustrating when you've bought local currency |
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"I've recently started drawing cash out to pay for things. I had to supply bank statements to a law firm recently and saw how all my movements are followed by my transactions. I felt a bit uncomfortable about it. Until then I'd never thought about it I suppose. Cash is king from now on
I've been doing this for years
Nothing dodgy lol, But yes looking at a statement tells a story hey
I use to always be cash, I'm going back to the good old fashioned way
I am going realmoid school. Back to the bartering system trading items for items. Going to try swapping some trainers for a new phone today I’ll update everyone here how it goes "
Hahahaha I'm very much looking forward to the update |
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By *hagTonight OP Man 25 weeks ago
From the land of haribos. |
"The problem with a cashless society is that if the internet crashed or banks were hacked we would have no way to pay for things. It is a form of control.
That said then the banks will know exactly what money is out there and there will be none stashed away anywhere.
There are privacy concerns and security concerns, we have already seen banks where people can’t digitally access their money.
That said who really uses cash now, almost every machine takes card, traders take card or bank transfers.
It costs more to make cash now than its value due to the price of metals
The main thing is how do we get or train people to use the digital era when some don’t have access? If you want a cashless society then things like the internet will need to be free to enable all to also shop that way "
Yes, that is the problem if the internet crashes too, we have no way of paying for things, it would be difficult to train everyone as some dont have access to it. |
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"Nope as it breaches your privacy rights, monitoring your spending and movement "
I can see a point in the future where things like life insurance will based on transaction data. 'This guy spent half his wages in Dog and Duck. Add 10% to the quote' |
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"T
It costs more to make cash now than its value due to the price of metals
"
Whilst this is true of 1p & 2p coins, it isn't the same for all cash. Also, it doesn't really matter. It's not as if they are used once then need replacing. |
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I bought some bakery goods in Lidl recently with my son. The cashier was surprised when I handed her cash (it was only £1.50).
To be honest it did feel weird as I’ve had £10 note in my wallet for ages and can’t remember last time I used money not a card. |
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By *onyjoCouple 25 weeks ago
Peterborough |
When cash is all gone and we rely on cards everyone will be tracked.
The main thing is when cash is gone standby for the banks, credit card providers and retailers imposing a charge for using cards for each transaction you make. |
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By *bi HaiveMan 25 weeks ago
Forum Mod Cheeseville, Somerset |
"I've recently started drawing cash out to pay for things. I had to supply bank statements to a law firm recently and saw how all my movements are followed by my transactions. I felt a bit uncomfortable about it. Until then I'd never thought about it I suppose. Cash is king from now on "
Cash is fine assuming you don't want a mortgage, loan, credit card or to be able to shop cheaply and easily online.
Or book cheaper rail/flight tickets, go to gigs and events, buy a car, get additional protection on purchases, earn cashback, get cheaper utility deals or subscribe to netflix/prime/disney+.
And of course if you have plenty of free time to drive to cashpoints every time you need money and aren't worried about losing your wallet/purse and subsequently all your hard earned cash. 🤔🤔 |
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I like things how they are, a mix of cash and card. Cards are so easy, you don't need to carry huge amounts of cash or a cheque book but I like to be able to give tips in cash and pay for smaller items. I don't think cashless is a good thing |
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If we become cashless, I hope that those who brought it about will have the decency to drop the use of the word 'money', out of respect for a time honoured system which worked well.
Call it 'dash'. Short for 'digital cash". It will be about as real as 'the ether'. |
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If you are ever worried about your card transactions being used to track and monitor you. Don't worry, because don't you find it strange how you have a verbal conversation and all a sudden you are getting news stories and adds related to that topic?  |
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"When cash is all gone and we rely on cards everyone will be tracked.
The main thing is when cash is gone standby for the banks, credit card providers and retailers imposing a charge for using cards for each transaction you make."
I have been in shops local shops, and they still charge you for using a card which is against the law.
Consumer rights: payment surcharges, on Gov.com. |
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By *lynJMan 25 weeks ago
Morden |
Recently I tried to take cash out of an ATM but there was something wrong with my debit card (neither the chip or magnetic strip worked) and it was rejected.
When I went to the branch the next day (a Tuesday), they order a new card for me. It took 4 days for the card to arrive and I had no cash apart from a couple of pounds in coins. I hit the contactless limit on the Wednesday so I couldn't pay that way either.
Also, traders are charged 2% by the card networks for the privilege of accepting cards. If you pay cash, the trader gets all the money, which is important for the independent traders. |
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By *lynJMan 25 weeks ago
Morden |
"If you are ever worried about your card transactions being used to track and monitor you. Don't worry, because don't you find it strange how you have a verbal conversation and all a sudden you are getting news stories and adds related to that topic? "
I'm guessing you have an Alexa or similar. |
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"I bought some bakery goods in Lidl recently with my son. The cashier was surprised when I handed her cash (it was only £1.50).
To be honest it did feel weird as I’ve had £10 note in my wallet for ages and can’t remember last time I used money not a card. "
Conversely, I quite often see people peeling muultiple £20 notes from a wadge to pay for a big family shop.
Makes me wonder what they do for a living. Screwing people for cash, one way or another? |
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By *lynJMan 25 weeks ago
Morden |
"I bought some bakery goods in Lidl recently with my son. The cashier was surprised when I handed her cash (it was only £1.50).
To be honest it did feel weird as I’ve had £10 note in my wallet for ages and can’t remember last time I used money not a card. Conversely, I quite often see people peeling muultiple £20 notes from a wadge to pay for a big family shop.
Makes me wonder what they do for a living. Screwing people for cash, one way or another?"
Perhaps they just went to the bank or ATM and withdrew their monthly budget in cash. |
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You need access to multiple payment methods. The networks work well - until they don’t
- and then you are fucked. Simply relying on one bank or card network is too risky over the long term and not having cash to fall back one is wrong. |
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By *hagTonight OP Man 25 weeks ago
From the land of haribos. |
"I've recently started drawing cash out to pay for things. I had to supply bank statements to a law firm recently and saw how all my movements are followed by my transactions. I felt a bit uncomfortable about it. Until then I'd never thought about it I suppose. Cash is king from now on "
Hi _uttercup, yes, you are right there, cash is king too |
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By *bi HaiveMan 25 weeks ago
Forum Mod Cheeseville, Somerset |
"Recently I tried to take cash out of an ATM but there was something wrong with my debit card (neither the chip or magnetic strip worked) and it was rejected.
When I went to the branch the next day (a Tuesday), they order a new card for me. It took 4 days for the card to arrive and I had no cash apart from a couple of pounds in coins. I hit the contactless limit on the Wednesday so I couldn't pay that way either.
Also, traders are charged 2% by the card networks for the privilege of accepting cards. If you pay cash, the trader gets all the money, which is important for the independent traders."
Most charges are around 1%. And far less than banks charge businesses for depositing cash.
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I like both. I like to keep cash and use cash. I also like the convenience of cash free payments when it suits me.
I do not want a cash free society. I want both, and if I had to choose between the two, it would be cash. |
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"I bought some bakery goods in Lidl recently with my son. The cashier was surprised when I handed her cash (it was only £1.50).
To be honest it did feel weird as I’ve had £10 note in my wallet for ages and can’t remember last time I used money not a card. Conversely, I quite often see people peeling muultiple £20 notes from a wadge to pay for a big family shop.
Makes me wonder what they do for a living. Screwing people for cash, one way or another?"
It’s amazing how some people’s default view of someone paying cash equates to nefarious behaviour. Cash is not illegal! |
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"Just out of curiosity how many that posted in this thread are site supporters and how was that paid ?
Is there an option to pay site subscription by cash?"
No it's all some form off cashless payment. This just backs up my point that it's good to have both. If you choose to only pay cash yo could have to sacrifice somethings. Just like the odd retailer that doesn't except cash they could miss out on sales. |
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"Just out of curiosity how many that posted in this thread are site supporters and how was that paid ?
Is there an option to pay site subscription by cash?
No it's all some form off cashless payment. This just backs up my point that it's good to have both. If you choose to only pay cash yo could have to sacrifice somethings. Just like the odd retailer that doesn't except cash they could miss out on sales. "
Decathlon near to where I live stopped accepting cash. I got to the till and abandoned a large sale due to this.
They’ve since starting accepting cash again. Makes you wonder how many sales that they gave actually lost due to the cashless decision. |
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By *lynJMan 25 weeks ago
Morden |
"Recently I tried to take cash out of an ATM but there was something wrong with my debit card (neither the chip or magnetic strip worked) and it was rejected.
When I went to the branch the next day (a Tuesday), they order a new card for me. It took 4 days for the card to arrive and I had no cash apart from a couple of pounds in coins. I hit the contactless limit on the Wednesday so I couldn't pay that way either.
Also, traders are charged 2% by the card networks for the privilege of accepting cards. If you pay cash, the trader gets all the money, which is important for the independent traders.
Most charges are around 1%. And far less than banks charge businesses for depositing cash.
"
MasterCard charge between 1.5 and 2.6%
Visa charge between 1.4 and 2.5%
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By *lynJMan 25 weeks ago
Morden |
"Recently I tried to take cash out of an ATM but there was something wrong with my debit card (neither the chip or magnetic strip worked) and it was rejected.
When I went to the branch the next day (a Tuesday), they order a new card for me. It took 4 days for the card to arrive and I had no cash apart from a couple of pounds in coins. I hit the contactless limit on the Wednesday so I couldn't pay that way either.
Also, traders are charged 2% by the card networks for the privilege of accepting cards. If you pay cash, the trader gets all the money, which is important for the independent traders.
Most charges are around 1%. And far less than banks charge businesses for depositing cash.
MasterCard charge between 1.5 and 2.6%
Visa charge between 1.4 and 2.5%
"
Cash deposit charges to a business bank account seems to be around 70p per £100 - or 0.7% |
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By *essTTWoman 25 weeks ago
Birmingham |
"I dont think it is because imagine if there is a war starting or an emergency noone could get out any money to escape and as well those who cant afford to have it, it is yes handy to have cards but it has its good and and bad points "
Not only this but what about homeless/vulnerable people who rely on hand outs from people that includes physical money, would they be turned away from shops trying to buy stuff with cash? |
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Copied from a reply I have given previously.
I blooming hope not. I have made my feelings clear in lots of similar threads. I feel so strong about it that myself and most people I know have gone back to pay cash wherever possible so we don't walk ourselves into a casheless society. I can give you countless reasons as to why not but my main one is that I am not selfish to want that just because is convenient for me. It is not for so many others. It is not entirely safe and we had examples recently how people were left stranded when systems went down. I don't want to pay the street musician or thevm homeless person by card whether they carry a card machine or not. I like to pay for my 99 in cash, put my 57p in the charity collection box, give the children some pocket money and advise them to save a few pennies in the piggy bank. Shall I go on? It's a no from me. I use both and how it should stay imo. Look at the stats in Europe where they have for long time kept a very healthy balance of using cash and plastic. Most around 50/50. We seem obsessed with using plastic in this country. I have quite a few times walked away from a business or shop that stipulates card only. It might suit them and that is fair enough but they are not having my business either.  |
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We all have to pay taxes, well except people who only accept cash the only people who don't want to loose cash are those are trying to dodge the system. A system that helps the old and vulnerable people. Whether you like it or not, we have to pay tax, so everyone should have to pay , but they don't |
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"I like both. I like to keep cash and use cash. I also like the convenience of cash free payments when it suits me.
I do not want a cash free society. I want both, and if I had to choose between the two, it would be cash. "
Very this!!! Both cash and card have a place. |
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By *lynJMan 25 weeks ago
Morden |
"We all have to pay taxes, well except people who only accept cash the only people who don't want to loose cash are those are trying to dodge the system. A system that helps the old and vulnerable people. Whether you like it or not, we have to pay tax, so everyone should have to pay , but they don't "
There's lots of ways to avoid tax that don't involve cash - just ask Jimmy Carr. |
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By *abluesbabyMan 25 weeks ago
Gibraltar/Cheshire/London |
When the chip n pin tills went down in Sainsburys the other month and only the very few of us with enough cash on us were able to pay for our shopping whilst the majority of others had to leave their trolleys either for good or for them to be put in the big fridge for them to purchase later, to my mind anyway, answers the OP's question perfectly. |
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"When cash is all gone and we rely on cards everyone will be tracked.
The main thing is when cash is gone standby for the banks, credit card providers and retailers imposing a charge for using cards for each transaction you make.
"
This is just scaremongering, ultimately the service providers have always and will always need to charge for their services... BUT they make their money on volume & want people to make as many transactions as possible. Also if they overcharge then businesses will use a different service provider.
There are lods of good reasons to keep cash, but scaremongering stories like this and "They'll freeze your account for disagreeing with the government" type claims are just rubbish.
Cal |
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"
...scaremongering stories like this and "They'll freeze your account for disagreeing with the government" type claims are just rubbish.
Cal"
At the moment!
Who knows what future governments might do? |
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"
...scaremongering stories like this and "They'll freeze your account for disagreeing with the government" type claims are just rubbish.
Cal
At the moment!
Who knows what future governments might do?"
It's already been done. Trudeau's government froze the bank accounts of protesting truckers. What's to stop other governments doing the same? An effective weapon that could be used as a strike breaker.  |
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By (user no longer on site) 25 weeks ago
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"If you are ever worried about your card transactions being used to track and monitor you. Don't worry, because don't you find it strange how you have a verbal conversation and all a sudden you are getting news stories and adds related to that topic?
I'm guessing you have an Alexa or similar."
I don't have an Alexa or similar. but often we'll be discussing something and then related adverts appear on our Android phones. |
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By *arkus1812Man 25 weeks ago
Lifes departure lounge NN9 Northamptonshire East not West MidlandsMidlands |
My Cleaner, Window Cleaner, Gardener, Chiropodist and House Maintenance guy all request payment in cash and I oblige.
Two of my local convenience stores will not take card payments on transactions less than £10, I give my Grandkids cash on their birthdays.
To enhance my meagre pension I wheel and deal so always try to keep a few hundred £ in my back pocket.
I will continue to use and promote the use of cash.
Incidentally I paid for my Pre Paid Funeral in cash and my main savings are in the form of South African cash - Krugerands. |
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"My Cleaner, Window Cleaner, Gardener, Chiropodist and House Maintenance guy all request payment in cash and I oblige.
Two of my local convenience stores will not take card payments on transactions less than £10, I give my Grandkids cash on their birthdays.
To enhance my meagre pension I wheel and deal so always try to keep a few hundred £ in my back pocket.
I will continue to use and promote the use of cash.
Incidentally I paid for my Pre Paid Funeral in cash and my main savings are in the form of South African cash - Krugerands."
How nuch for one of your cakes in cash? |
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By (user no longer on site) 25 weeks ago
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"When the chip n pin tills went down in Sainsburys the other month and only the very few of us with enough cash on us were able to pay for our shopping whilst the majority of others had to leave their trolleys either for good or for them to be put in the big fridge for them to purchase later, to my mind anyway, answers the OP's question perfectly. "
After the Crowdstrike thing a couple of weeks back we have also withdrawn some cash to put away somewhere safe for future occurrences |
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By (user no longer on site) 25 weeks ago
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It's definitely not a good idea considering the times systems have been shut down and people don't have no alternatives to pay for things. Cash and other forms of payment should always be forever available |
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If you go cashless then your purchasing data is laid bare, this will generate someone else money because they are selling your data, therefore your one pound is now worth less than one pound in real terms because someone is taking a percentage, multiply this by the millions of transactions made daily and voila, the economy is now on a steadily sinking trajectory because the unscrupulous can’t scruple |
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"When cash is all gone and we rely on cards everyone will be tracked.
The main thing is when cash is gone standby for the banks, credit card providers and retailers imposing a charge for using cards for each transaction you make.
This is just scaremongering, ultimately the service providers have always and will always need to charge for their services... BUT they make their money on volume & want people to make as many transactions as possible. Also if they overcharge then businesses will use a different service provider.
There are lods of good reasons to keep cash, but scaremongering stories like this and "They'll freeze your account for disagreeing with the government" type claims are just rubbish.
Cal"
Except that’s exactly what they did in Canada. |
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"If you are ever worried about your card transactions being used to track and monitor you. Don't worry, because don't you find it strange how you have a verbal conversation and all a sudden you are getting news stories and adds related to that topic?
I'm guessing you have an Alexa or similar.
I don't have an Alexa or similar. but often we'll be discussing something and then related adverts appear on our Android phones."
It’s in the EULA end user license agreement on a lot of apps nowadays that they can use your data for the purposes of steered advertising l, if you deep dive what it actually means is they can and do have access to the microphone on your mobile, by installing the app you have ‘agreed’ to the EULA, this isn’t tin foil hat, it’s there in black and white |
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"We all have to pay taxes, well except people who only accept cash the only people who don't want to loose cash are those are trying to dodge the system. A system that helps the old and vulnerable people. Whether you like it or not, we have to pay tax, so everyone should have to pay , but they don't "
People who use cash still have to pay tax. Why do you assume that people are criminals by default? |
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By (user no longer on site) 25 weeks ago
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"If you are ever worried about your card transactions being used to track and monitor you. Don't worry, because don't you find it strange how you have a verbal conversation and all a sudden you are getting news stories and adds related to that topic?
I'm guessing you have an Alexa or similar.
I don't have an Alexa or similar. but often we'll be discussing something and then related adverts appear on our Android phones.
It’s in the EULA end user license agreement on a lot of apps nowadays that they can use your data for the purposes of steered advertising l, if you deep dive what it actually means is they can and do have access to the microphone on your mobile, by installing the app you have ‘agreed’ to the EULA, this isn’t tin foil hat, it’s there in black and white "
Good info |
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By (user no longer on site) 25 weeks ago
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As much as I dislike carrying cash, I would far more dislike the inability to choose to carry cash.
This sounds oxymoronic but hear me out. I travel so often, it’s not unusual for me to have four or five different currencies in my purse. This can become frustrating. For example, I was in Australia a few weeks back, paying with cash; I reached into my purse and had to spend a considerable amount of time deciphering where I had Canadian dollars, GBP, or Australian coins. That said, I like having the option to choose cash versus digital payment options. |
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By *hagTonight OP Man 25 weeks ago
From the land of haribos. |
"I hope it never goes that way. I often sit and think that everyone’s savings are just numbers on a screen, how easy would it be for it to be wiped out? I’d rather have it in the house but worry about being burgled when out or fire "
I also hope it never goes that way, yes, having some in the house is good too |
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The card machine in my local shop/garage is forever crashing, and then it’s cash only transactions, the nearest cash point is about 5 miles away so if you haven’t got a bit of cash with you you’re stuffed.
I always have cash available, just in case.
Sometimes when I go out of an evening I will take the amount I have budgeted for with me in cash, then when it’s run out I can’t spend any more in an inebriated state. |
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"As much as I dislike carrying cash, I would far more dislike the inability to choose to carry cash.
This sounds oxymoronic but hear me out. I travel so often, it’s not unusual for me to have four or five different currencies in my purse. This can become frustrating. For example, I was in Australia a few weeks back, paying with cash; I reached into my purse and had to spend a considerable amount of time deciphering where I had Canadian dollars, GBP, or Australian coins. That said, I like having the option to choose cash versus digital payment options. "
You need some different small compartments or purses.
Or change your currency over before you leave your house or even hotel room.
I work in other European countries so I need a separate wallet.
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"When cash is all gone and we rely on cards everyone will be tracked.
The main thing is when cash is gone standby for the banks, credit card providers and retailers imposing a charge for using cards for each transaction you make.
It happens in China all of the time.
It has happened in Canada too.
This is just scaremongering, ultimately the service providers have always and will always need to charge for their services... BUT they make their money on volume & want people to make as many transactions as possible. Also if they overcharge then businesses will use a different service provider.
There are lods of good reasons to keep cash, but scaremongering stories like this and "They'll freeze your account for disagreeing with the government" type claims are just rubbish.
Cal"
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By *bi HaiveMan 25 weeks ago
Forum Mod Cheeseville, Somerset |
"
...scaremongering stories like this and "They'll freeze your account for disagreeing with the government" type claims are just rubbish.
Cal
At the moment!
Who knows what future governments might do?
It's already been done. Trudeau's government froze the bank accounts of protesting truckers. What's to stop other governments doing the same? An effective weapon that could be used as a strike breaker. "
Actually wasn't it just accounts of people who'd broken the law?
All governments have the option to do that. Always have had. Accounts get frozen temporarily all the time, but they still have to permit access to funds to live. |
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Cash user here where possible, many of my local stores prefer cash, then nobody is getting a slice of the transaction.
Also and this is often forgotten, there is still generations who grew up with cash and would be confused and worried about security etc.Remember somebody 75 years plus could have worked all their lives without ever using a screen, my own father is 90+ and has no internet and no interest in it either, pays for everything in cash or its no sale and he walks out the shop
The rush to cashless leaves people behind and that is grossly unfair in a caring society. |
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"Cash user here where possible, many of my local stores prefer cash, then nobody is getting a slice of the transaction.
Also and this is often forgotten, there is still generations who grew up with cash and would be confused and worried about security etc.Remember somebody 75 years plus could have worked all their lives without ever using a screen, my own father is 90+ and has no internet and no interest in it either, pays for everything in cash or its no sale and he walks out the shop
The rush to cashless leaves people behind and that is grossly unfair in a caring society."
Out of curiosity...how does he pay bills? |
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"I've recently started drawing cash out to pay for things. I had to supply bank statements to a law firm recently and saw how all my movements are followed by my transactions. I felt a bit uncomfortable about it. Until then I'd never thought about it I suppose. Cash is king from now on
I've been doing this for years
Nothing dodgy lol, But yes looking at a statement tells a story hey
I use to always be cash, I'm going back to the good old fashioned way "
We had the same for getting a new mortgage set up when the bank statements showed clubs and here that we paid for entry and also the payment for swingathon 🙈 |
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"
...scaremongering stories like this and "They'll freeze your account for disagreeing with the government" type claims are just rubbish.
Cal
At the moment!
Who knows what future governments might do?
It's already been done. Trudeau's government froze the bank accounts of protesting truckers. What's to stop other governments doing the same? An effective weapon that could be used as a strike breaker.
Actually wasn't it just accounts of people who'd broken the law?
All governments have the option to do that. Always have had. Accounts get frozen temporarily all the time, but they still have to permit access to funds to live. "
Protesting or breaking the law. It's all down to perspective. |
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"
...scaremongering stories like this and "They'll freeze your account for disagreeing with the government" type claims are just rubbish.
Cal
At the moment!
Who knows what future governments might do?
It's already been done. Trudeau's government froze the bank accounts of protesting truckers. What's to stop other governments doing the same? An effective weapon that could be used as a strike breaker.
Actually wasn't it just accounts of people who'd broken the law?
All governments have the option to do that. Always have had. Accounts get frozen temporarily all the time, but they still have to permit access to funds to live. "
At the moment there are laws protecting us here and banjs should follow those and are regulated to need just cause or suspicion.
In China , for example, this is not the same.
There is always that worry that other parties have extreme conttol over our finances.
Another option helps in that situation to a degree at least.
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"Cash is king for me...hate venues that say card only...
Spend your money elsewhere.
I always avoid supporting these card only places."
Me too... Live music venues...I always have drinks in a pub nearby before the show with cash....and cheaper than inside with card only which I avoid. |
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"When cash is all gone and we rely on cards everyone will be tracked.
The main thing is when cash is gone standby for the banks, credit card providers and retailers imposing a charge for using cards for each transaction you make.
This is just scaremongering, ultimately the service providers have always and will always need to charge for their services... BUT they make their money on volume & want people to make as many transactions as possible. Also if they overcharge then businesses will use a different service provider.
There are lods of good reasons to keep cash, but scaremongering stories like this and "They'll freeze your account for disagreeing with the government" type claims are just rubbish.
Cal
-----
Except that’s exactly what they did in Canada. "
What other governments do has little to do with what happens here. The Chinese ran over protectors with tanks, The Russians assassinate people with radio-active poisons... |
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By *arkus1812Man 25 weeks ago
Lifes departure lounge NN9 Northamptonshire East not West MidlandsMidlands |
"My Cleaner, Window Cleaner, Gardener, Chiropodist and House Maintenance guy all request payment in cash and I oblige.
Two of my local convenience stores will not take card payments on transactions less than £10, I give my Grandkids cash on their birthdays.
To enhance my meagre pension I wheel and deal so always try to keep a few hundred £ in my back pocket.
I will continue to use and promote the use of cash.
Incidentally I paid for my Pre Paid Funeral in cash and my main savings are in the form of South African cash - Krugerands.
How nuch for one of your cakes in cash? "
Apart from family cakes which are FOC all other cakes are sold using the barter system. No cash changes hands |
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I work in Norway from time to time and trying to use cash, even for tips, is almost impossible.
Can't get on a bus with cash, just get funny looks.
Wouldn't class Norway as a second rate country, just very, very expensive but everyone seems so proud of their country and its achievements. |
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"My Cleaner, Window Cleaner, Gardener, Chiropodist and House Maintenance guy all request payment in cash and I oblige.
Two of my local convenience stores will not take card payments on transactions less than £10, I give my Grandkids cash on their birthdays.
To enhance my meagre pension I wheel and deal so always try to keep a few hundred £ in my back pocket.
I will continue to use and promote the use of cash.
Incidentally I paid for my Pre Paid Funeral in cash and my main savings are in the form of South African cash - Krugerands.
How nuch for one of your cakes in cash?
Apart from family cakes which are FOC all other cakes are sold using the barter system. No cash changes hands "
Ok, lets just start bartering then |
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By *lynJMan 25 weeks ago
Morden |
"If you are ever worried about your card transactions being used to track and monitor you. Don't worry, because don't you find it strange how you have a verbal conversation and all a sudden you are getting news stories and adds related to that topic?
I'm guessing you have an Alexa or similar.
I don't have an Alexa or similar. but often we'll be discussing something and then related adverts appear on our Android phones.
It’s in the EULA end user license agreement on a lot of apps nowadays that they can use your data for the purposes of steered advertising l, if you deep dive what it actually means is they can and do have access to the microphone on your mobile, by installing the app you have ‘agreed’ to the EULA, this isn’t tin foil hat, it’s there in black and white "
Though you can control the permissions granted to the app. I usually deny access to photos, camera and voice when the app clearly doesn't need them to operate. |
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By *lynJMan 25 weeks ago
Morden |
"I work in Norway from time to time and trying to use cash, even for tips, is almost impossible.
Can't get on a bus with cash, just get funny looks.
Wouldn't class Norway as a second rate country, just very, very expensive but everyone seems so proud of their country and its achievements. "
Good luck getting on a bus in London with cash. |
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"I try use cash as much as possible with small businesses, petrol garage s firms like Costa and places I use card "
Costa etc do not care.
They're all registereed offshore and don't pay taxes here anyway |
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"I work in Norway from time to time and trying to use cash, even for tips, is almost impossible.
Can't get on a bus with cash, just get funny looks.
Wouldn't class Norway as a second rate country, just very, very expensive but everyone seems so proud of their country and its achievements.
Good luck getting on a bus in London with cash. "
It's quicker to walk than get a bus in London! |
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Quite happy to see a cashless society evolve eventually. Anything which can tighten up the loopholes with cash, where it can be used to avoid paying tax. If all transactions are digital and traceable, there is an audit trail.
You know those documentaries where a drug dealer is arrested and there are bags and bags of note. That whole operation and all the back channels right back to the cartels crumbles if cash goes. And a lot of associated crime along with it due to money laundering.
Cash had its place once upon a time, but times change. |
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By *inaTitzTV/TS 25 weeks ago
Titz Towers, North Notts |
I'm happy enough to go cashless.
It's massively more convenient. I don't need to carry cash with me.
My friend who runs a business finds that with cash they have to worry about staff mislaying things, pay more insurance, spend time cashing up, get the odd forged note and with card, everything is integrated to their accounts app and so it saves on paperwork.
For the more paranoid out there, worried about being tracked, I'm assuming whatever you are reading this on, is easy to track, and as for the system being shut down, I don't know how much cash you keep in the house, but if it's enough to last any length of time, then you're lucky.  |
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By *hagTonight OP Man 25 weeks ago
From the land of haribos. |
"I like things how they are, a mix of cash and card. Cards are so easy, you don't need to carry huge amounts of cash or a cheque book but I like to be able to give tips in cash and pay for smaller items. I don't think cashless is a good thing"
That is good you like how things are now. I also like it how it is with a mix of it, because it gives you options on what to pay with, depending on the purchase too |
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I always use cash when I can. I recently left a social early because the venue was card only.
Well within their rights to do that but they didn’t get anywhere near as much money off me as they would if they took cash. |
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By *mily300Woman 25 weeks ago
Nottingham |
I use cash when I can as this helps small businesses, charities, etc..
Also if we was to have a solar storm and it messed up the power grids we'd be doomed in many ways but at least you'd still get items if cash is flowing. Also helps you budget better  |
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"When cash is all gone and we rely on cards everyone will be tracked.
The main thing is when cash is gone standby for the banks, credit card providers and retailers imposing a charge for using cards for each transaction you make.
This is just scaremongering, ultimately the service providers have always and will always need to charge for their services... BUT they make their money on volume & want people to make as many transactions as possible. Also if they overcharge then businesses will use a different service provider.
There are lods of good reasons to keep cash, but scaremongering stories like this and "They'll freeze your account for disagreeing with the government" type claims are just rubbish.
Cal
-----
Except that’s exactly what they did in Canada.
What other governments do has little to do with what happens here. The Chinese ran over protectors with tanks, The Russians assassinate people with radio-active poisons... "
Yeah, but whataboutery doesn’t change the fact that it happened there and could happen here |
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My bankcard doesn't run out till 2027, but the chip is shot, and I don't have time to cancel and replace. So for the past month I've lived a purely cash lifestyle... It appears to confuse everyone. From Greggs, to the station, to the bus handing over a 2 coin |
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"My bankcard doesn't run out till 2027, but the chip is shot, and I don't have time to cancel and replace. So for the past month I've lived a purely cash lifestyle... It appears to confuse everyone. From Greggs, to the station, to the bus handing over a 2 coin "
I'll add... If my 85yr old disabled mum had to purchase a train ticket at a station, she'd be screwed! I've assisted half a dozen train gowers how to use the crap station machines this past month so far |
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"I've recently started drawing cash out to pay for things. I had to supply bank statements to a law firm recently and saw how all my movements are followed by my transactions. I felt a bit uncomfortable about it. Until then I'd never thought about it I suppose. Cash is king from now on
I've been doing this for years
Nothing dodgy lol, But yes looking at a statement tells a story hey
I use to always be cash, I'm going back to the good old fashioned way "
People will finally realise that this is all about control. I’m glad you are joining my crusade against it. If they don’t take cash I don’t shop there. |
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People will finally realise that this is all about control. I’m glad you are joining my crusade against it. If they don’t take cash I don’t shop there."
Yet people who don't mind using their card have the freedom to shop anywhere  |
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By *lynJMan 25 weeks ago
Morden |
"Quite happy to see a cashless society evolve eventually. Anything which can tighten up the loopholes with cash, where it can be used to avoid paying tax. If all transactions are digital and traceable, there is an audit trail.
You know those documentaries where a drug dealer is arrested and there are bags and bags of note. That whole operation and all the back channels right back to the cartels crumbles if cash goes. And a lot of associated crime along with it due to money laundering.
Cash had its place once upon a time, but times change."
They still need to launder the cash, which will typically involve the use of bank accounts, transfers and deposits. |
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People will finally realise that this is all about control. I’m glad you are joining my crusade against it. If they don’t take cash I don’t shop there.
Yet people who don't mind using their card have the freedom to shop anywhere "
There are businesses that don’t accept card payments. |
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"To the people who want a cashless society, do you really want the government to know your every move and spending habits? That's what it really is "
Which secret department of the government do you think is carefully scrutinising all of our spending habits? |
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"To the people who want a cashless society, do you really want the government to know your every move and spending habits? That's what it really is "
It's easy enough anyway with CCTV and loyalty cards. |
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"The problem with a cashless society is that if the internet crashed or banks were hacked we would have no way to pay for things. It is a form of control.
That said then the banks will know exactly what money is out there and there will be none stashed away anywhere.
There are privacy concerns and security concerns, we have already seen banks where people can’t digitally access their money.
That said who really uses cash now, almost every machine takes card, traders take card or bank transfers.
It costs more to make cash now than its value due to the price of metals
The main thing is how do we get or train people to use the digital era when some don’t have access? If you want a cashless society then things like the internet will need to be free to enable all to also shop that way "
Yes your first point is the most obvious one. I’m surprised no government has realised that physical cash is essential otherwise we’re all at the mercy of digital warfare. Actually the same goes for the printed word too.
So much knowledge is going to be lost to time because we don’t print anything. If there’s a war and we lose electricity how is anyone meant to a) spend and manage money. B) run their businesses c) learn and read |
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By (user no longer on site) 25 weeks ago
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"To the people who want a cashless society, do you really want the government to know your every move and spending habits? That's what it really is
Which secret department of the government do you think is carefully scrutinising all of our spending habits?"
The Tresary |
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By (user no longer on site) 25 weeks ago
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"To the people who want a cashless society, do you really want the government to know your every move and spending habits? That's what it really is
It's easy enough anyway with CCTV and loyalty cards. "
Yeah but CCTV and loyalty card can only go so far, they're not everywhere and not everybody has a loyalty card |
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"To the people who want a cashless society, do you really want the government to know your every move and spending habits? That's what it really is
Which secret department of the government do you think is carefully scrutinising all of our spending habits? The Tresary"
I don't think they'll be aware of exactly how I've spent my money |
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"When cash is all gone and we rely on cards everyone will be tracked.
The main thing is when cash is gone standby for the banks, credit card providers and retailers imposing a charge for using cards for each transaction you make.
This is just scaremongering, ultimately the service providers have always and will always need to charge for their services... BUT they make their money on volume & want people to make as many transactions as possible. Also if they overcharge then businesses will use a different service provider.
There are lods of good reasons to keep cash, but scaremongering stories like this and "They'll freeze your account for disagreeing with the government" type claims are just rubbish.
Cal
-----
Except that’s exactly what they did in Canada.
What other governments do has little to do with what happens here. The Chinese ran over protectors with tanks, The Russians assassinate people with radio-active poisons...
Yeah, but whataboutery doesn’t change the fact that it happened there and could happen here"
So you're saying that YOUR "whataboutery" is OK 👍 |
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