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This Could Be The First Country To Go Cashless...

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Bedrock of the Community
United States
20753 Posts
 Posted 06/16/2015  7:35 pm  Show Profile   Bookmark this reply Add just carl to your friends list
The worst thing about going cashless is no more great coins in change. No chance of finding what you need to complete a set. No more coins too would mean a lot of companies slowly going out of business like Dansco, Whitman, Littleton, etc.
Pillar of the Community
United States
1314 Posts
 Posted 06/17/2015  02:11 am  Show Profile   Bookmark this reply Add Chute72 to your friends list
If you are concerned about having to spend or accept cents, don't worry - you don't have to. Spend large denominations if you like, and leave the cents on the counter.
However there may be something else at stake here.
Some people think that the power balance should favor the citizenry and not the government and the international bankers.
For a brief caution of the Cashless Society.

https://www.prbuzz.com/business-ent...-ponte.html#

And an introduction to a book on the same subject.

http://www.swissamerica.com/secretw...15PR-SecrWar
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United States
188560 Posts
 Posted 06/17/2015  09:45 am  Show Profile   Bookmark this reply Add jbuck to your friends list

Quote:
No more coins too would mean a lot of companies slowly going out of business like Dansco, Whitman, Littleton, etc.
I would not worry. Every coin in the world is not going to disappear. We still collect Half Cents and they have not been minted in over 150 years. People will still need new albums to replace old worn out ones.
Bedrock of the Community
United States
17884 Posts
 Posted 06/17/2015  1:32 pm  Show Profile   Bookmark this reply Add Conder101 to your friends list

Quote:
I see it as progress to furthering the sin of money changing

When did changing money become a sin?


Quote:
Now they ask for your phone number or email address to try to track you further, for "marketing" purposes. Of course my answer is always no.

I always found that they made such a fuss when I sad no that it was just easier to give them an address and phone number. I have no problem making one up on the fly. I did the same thing back years ago when everyone always asked for SS#'s. They want a nine digit number so I'd give them one. I still use a few of them. And in rare cases even my real one, to those people who have a LEGAL reason to require it.
Pillar of the Community
United States
711 Posts
 Posted 06/17/2015  2:43 pm  Show Profile   Bookmark this reply Add BuckeyeCoinGuy to your friends list
I view money changing and usury and fractional reserve banking and currency debasement all as the same general crime against humanity.


Getting rid of cash is sign marker on the road to tyranny.


Andrew Jackson would beat us all with his cane if he could see this nation now.
Pillar of the Community
United States
4333 Posts
 Posted 06/17/2015  8:30 pm  Show Profile   Bookmark this reply Add fistfulladirt to your friends list

Quote:
Andrew Jackson would beat us all with his cane if he could see this nation now.
He'd quite likely see an abomination.
When I listen to LED ZEPPELIN...so do my neighbors...
Roll hunting since '77
Dirt fishing since '72
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United States
188560 Posts
 Posted 06/18/2015  08:35 am  Show Profile   Bookmark this reply Add jbuck to your friends list
He would be dead from future shock long before he could contemplate an alleged abomination.
Pillar of the Community
United States
1158 Posts
 Posted 06/18/2015  10:45 am  Show Profile   Bookmark this reply Add tkbslc to your friends list
Why are we talking about Andrew Jackson? His extreme fiscal policies nearly collapsed the economy in the late 1830's. I don't think we should care what he would think about our current system.

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United States
188560 Posts
 Posted 06/18/2015  11:07 am  Show Profile   Bookmark this reply Add jbuck to your friends list
It is probably a good time to gently divert this topic back to its original focus.
Valued Member
United States
336 Posts
 Posted 06/18/2015  1:44 pm  Show Profile   Bookmark this reply Add EconBrony to your friends list
Andrew Jackson, in a way, is related to the topic of a cashless society since he was a champion of the gold standard and honest money. He is also credited with killing the central bank of his time.

Many would not consider paying off the debt and returning to specie payments "extreme" fiscal policy (for the times). Something like this would not harm the economy if monetary policy has not taken place. Monetary Policy is what creates the gap between specie and paper. Getting rid of the bank most likely spared the US economy from a much worse recession or one could even argue depression.
Pillar of the Community
United States
4333 Posts
 Posted 06/18/2015  7:07 pm  Show Profile   Bookmark this reply Add fistfulladirt to your friends list

Quote:
He would be dead from future shock long before he could contemplate an alleged abomination.
Good one jbuck
When I listen to LED ZEPPELIN...so do my neighbors...
Roll hunting since '77
Dirt fishing since '72
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United States
188560 Posts
Pillar of the Community
Sweden
1078 Posts
 Posted 10/20/2015  12:26 pm  Show Profile   Bookmark this reply Add X2an to your friends list
Ugh. Tell me about it. For one who uses cash regularly, this is becoming more and more apparent. I can though confirm there's still a long way to go, and people like me can still get around.
I haven't got 'Swish', but I'm fully aware what it is (and partially how to use it) but no one close to me uses it. With the launch of new banknotes and soon also coins, I won't quit using cash anytime soon.

Another interesting fact they mention is how banks are cashless. There's only ONE main bank that openly handles cash, and they're going to remove cash handling from a bunch of offices this autumn (thus right now). I remember when this all started around 2008-2009 and I think it's very wrong by them to reject cash all together, making it vital to abide to their systems and let them do whatever they want. What if another financial crisis happens?

So, Got cash? Then don't come here. Use your card instead.
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United States
188560 Posts
 Posted 10/20/2015  3:13 pm  Show Profile   Bookmark this reply Add jbuck to your friends list
Thank you for the local perspective. I thought of you when I posted it and was hoping you would comment.
Valued Member
United States
411 Posts
 Posted 03/14/2019  11:28 pm  Show Profile   Bookmark this reply Add PacoMartin to your friends list
I've heard a rumor that SWISH may start charging a nominal fee in Sweden. I suppose it is a system run by private institutions that are entitled to make a profit.
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