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 Replies: 16 / Views: 1,819 |
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Bedrock of the Community
 United States
94367 Posts |
Except for extra tipping at restaurants, I haven't used any cash for years.
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Bedrock of the Community
United States
18070 Posts |
I've paid with cash twice, perhaps three times over 2023.
Looking forward to the time when we'll be bartering in chickens, potatoes, and hotel shampoo bottles (topped off, of course).
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Moderator
United States
171034 Posts |
Quote:
Looking forward to the time when we'll be bartering in chickens, potatoes, and hotel shampoo bottles (topped off, of course). You forgot fast food condiment packets.  I cannot recall the last time I used cash. All the venues I frequent have tap-to-pay... unlock the phone, tap, select tip when applicable, and go.  I do not even carry cash now. I switched to a skinny wallet that only has my DL and CC (for the rare event tap-to-pay is not available). Insurance cards, etc. are all on the phone. I feel bad as I have nothing to offer the buskers downtown. Still waiting to see one that takes Venmo. 
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Pillar of the Community
United States
2597 Posts |
For decades, it's been more convenient & easier to use credit/debit cards. BTC & other cryptos have been around since 2010'ish but they still remain to be an unaccepted form of payment by the masses. Though, I can utilize 35,000,000 of my PuppyDogCoin to buy a $350 GPU off NewEgg but that's about it. I think the day is coming to where some sort of digital global GovCoin will be implemented as they'll attempt to phase out physical currency, but not for many years/decades to come.
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Valued Member
Australia
368 Posts |
When the Mint announce that no more coins will be made and the note printing branch announce there will be no more notes printed, I will sit up and take notice. Until then i'll ignore all the bs that we see all the time and has been going on for years. They are trying hard to make it happen but there is a pushback against this stupid idea. It will never happen in my lifetime if at all.
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Pillar of the Community
Australia
548 Posts |
I cannot see cash every disappearing. Consider the following points:
The recent outages by the big Telco's in Australia have forced the population at large to see that relying on electronic or card based transactions all come with a downside - though a few hours a day of outages or even a full day does not sound like a lot of time the inconvenience is definitely felt not just by individuals but by businesses themselves.
On the other hand there are reasons why businesses will not accept cash - I originally thought it was the global world order pushing for a cashless society - the reality is that business that have cash on hand are targets for robbery and they do frequently get robbed for that reason - namely they have cash onsite.
Everyone has to balance things out - a good mix of both electronic payments and cash is a perfect solution
Thus I cannot see cash every disappearing
After all there are places (think about it....) where you have to use cash only
That's my two bobs worth
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Moderator
United States
171034 Posts |
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It will never happen in my lifetime... I have to agree with you on that part... We will likely never live to see it happen. The younger people eschew cash, so after the old cash loving people die off, efforts to eliminate cash will meet less resistance. Once all of us are gone there will be no one to stop it, nor will anyone care.
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Bedrock of the Community
United States
94367 Posts |
A few weeks back, I confess to not bothering to pick up a cent in a parking lot - for the first time in my life.
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Pillar of the Community
United States
1909 Posts |
I guess that I am a dinosaur because I use cash and don't have any credit cards. I must respectfully disagree with most of you that a cashless society will never happen in your lifetime. Governments around the globe are hellbent on power and part of that power is the ability to control your finances. If you are a non conformist or don't tow the party line, you will be cancelled. Cash transactions are too easy to hide from taxation for governments to allow that to continue. To quote Klaus Schwab of the WMF, "You will own nothing and like it". It is happening faster than most people realize. In short, cash is freedom and that seems to dwindle more and more every day. I'm glad that I am in my twilight years so that I won't have to endure a world without freedom. For the time being, the paper I use still says "for all debts public and private"!
Edited by MisterT
12/13/2023 10:13 am
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Valued Member
United States
195 Posts |
People who use cash don't leave a paper trail.
People that use a debit card to buy a pack of gum kill me. You don't have $1 or $2 on you?
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Moderator
United States
171034 Posts |
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People that use a debit card to buy a pack of gum kill me. You don't have $1 or $2 on you? When I bought that Pepsi Zero Sugar at the QT on the way home from vacation last month.... No, no I did not. Too bad I could not just "add it on" when I paid for gas at the pump. You know, like I do at the grocery checkout. Those coolers and candy racks are right there for a reason!
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Valued Member
Australia
368 Posts |
Quote:
Governments around the globe are hellbent on power and part of that power is the ability to control your finances. If you are a non conformist or don't tow the party line, you will be cancelled. People power can vote out governments. Not enough people can be bothered though 
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Bedrock of the Community
United States
94367 Posts |
Hear, hear!  |
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Bedrock of the Community
Australia
21673 Posts |
Cash Is the only way I pay anybody.
Don't do any sort of electronic payment , be it by computer, mobile, or card.
If I need to pay utility bills, it is by handing cash over at the Post Office.
The Governor of the Reserve Bank of Australia said recently that
cash is the only method of payment when communications providers' systems go down. When it does, it causes tremendous angst for lots of individuals and businesses.
But never for me.
Don't do emails or social media.
The scammers do not know that I exist, - that is why I have never been scammed. I feel reasonably sure that I am not supporting the Russian invasion of Ukraine or Hamas.
I have never been in debt or had a negative account balance, and fully own my home.
I prefer to talk to anyone face to face, - personal contacts are important. I am very highly socially connected, although I live home alone.
If I need to make a very large payment, I use the Bank's professionally managed security systems. I do not have much of an idea how manage any sort of electronic payment system anyway, to a satisfactory level of financial security.
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Pillar of the Community
Canada
2372 Posts |
I have had this conversation with friends for decades. Most of them deny that cash is threatened. They prefer cards/digital over physical cash & could care less about things like privacy, service charges (& whether retail/service even offers a cash payment option). In fact, most believe that they're gaining with "cash-back" incentives & some even find cash annoying. If I oppose them with my POV they just roll their eyes & change the subject. I have always been "pro-cash" because I dislike debt & cash use has forced me to spend what I have on what I need rather than simply on "what I want." I believe in delayed gratification & that cash can co-exist with digital payments. I have lived relatively debt-free, can travel & retired far sooner than I expected. I really find it appalling that there's an organization out there (the UN backed Better Than Cash Alliance/ BTCA) which actively threatens our liberty to use cash. Here's another thread on Numista which covers some of the perils of losing cash to digital/private electronic payments: https://en.numista.com/forum/topic50017.html |
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Posted 12/12/2023 08:55 am
