So who needs cash?
- people who ask for money on the street (some of whom will be homeless, tho most homeless people don't ask for money on the street), also includes chuggers;
- people who sell stuff illegally (and by stuff I mean mainly drugs);
- people who want to not pay tax;
- shite carpark companies;
- the elderly and confused (though whose number i am rapidly joining and I don't like cash)
- probably a few red-faced roundabout painters who think electric money is woke or something.
There are clearly work arounds for all but the latter and I'm not sure any of them should be driving things for the rest of us...
a) Have you seen the price of "smart devices" these days?
I’m all too aware, I have an iPhone 17 Pro Max
AH I see the problem here. Maybe Sir should consider a Samsung Galaxy A16 for £99 rather than a premium luxury very over priced model?
So who needs cash?
I’ve probably said it before but I’ll repeat myself, I like cash as an option and don’t want it taken away at present.
I own a launderette and these days the vast majority of payments are contactless and it makes my life so much easier. But on the rare occasions that the software/hardware/telecoms/etc goes down it is a big relief that people can still stick coins in the machines. Yes I’d survive half a day’s lost trade and a load of pissed off customers but I wouldn’t enjoy it. Options are good
There are clearly work arounds for all but the latter and I'm not sure any of them should be driving things for the rest of us...
Why should the 'rest of you' decide who uses cash?
'Legit' banking has many, many loopholes and money is moved around through shill companies, through offshore acounts, swiss bank account etc. all the time - just because it's not physical doesn't mean any less fraud is taking place.
Why should the 'rest of you' decide who uses cash?
that's how democracies work.
Legit' banking has many, many loopholes
Because of these bad things allow more bad things I don't find a persuasive argument.
The UK is already going cashless through choice. I see lots of points made about homeless people but they can get a basic bank account, I need an expensive device when you don’t, the government will control my every thought, it needs an internet connection, a POS machine doesn’t, what about drugs, well dealers take cards etc. etc.. Some people will always resist change because it’s change even when it’s more beneficial.
Fact is every objection has a simple workaround but some people always bang heads with the problem not the solution sadly.