Are you in favor or no? Good points to be made on both sides of the argument. I would lament one more freedom lost if cash went away but then those who like to skirt the law such as tax evaders and black marketers will have much more difficulty in their practices. Politicians would not be getting filthy rich out of a briefcase.
shareWhat about a situation where one wanted to make a deal with a woman wearing leather pants in a supermarket? Cash or credit?
Seriously, I don't think cash will ever go away.
The government has a serious interest in controlling all financial interests to include the assurance all applicable taxes are collected for the Federal Treasury and to control and presumably eliminate illegal enterprises.
BTW I have no need to entice a woman wearing leather pants by paying cash. I was hoping with that thread to find out what other relationships are out there that involve fetishes and how they evolved. Does a person go to a singles church meeting and hope that a lady would get into a fetish without deciding she wants to run wild? Do you go to the nearly nonexistent fetish club and hope you can tame a lady with conventional living and also hope she does not get bored with a man in short order. In any event the topic here is cashless society. Yes or no/
Somehow I really doubt all that, especially since you assumed a woman in leather pants automatically equals fetish. But if you wanna claim it, go for it.
Back to the topic, -- again, not in favor and don't think it'll ever happen.
I never assumed anything but rather wondered how probable it would be in my non-big city environment. I don't live in "the village" or at UC Berkley. So do you go to the church singles meeting or go to the nearest but yet distant fetish club?
OK, you let it be known you are not in favor but is there a root issue you have great concern over?
Beyond the rich, a cashless society, IMO, gives most people less control over most of their financial decisions and benefits institutions.
To answer your other question, if you're into fetishes, it would seem to make the most sense to try to seek out like-minded individuals. So no, your church question is kinda pointless. It would be like going to a hardcore vegetarian restaurant looking for meat-lovers. It's possible one or two might be there, but the chances are fairly remote.
Think about a world with no cash, complete wall to wall surveillance and driverless cars. You are falsely accused of a crime and you want to escape.
Not much of a movie anymore, is it?
This is a somewhat eerie coincidence to one of the most fascinating segments of 60 Minutes I've seen in quite awhile, just last evening matter of fact and it was about advances in Artificial Intelligence.The segment also uncannily echoed the movie Transcendence, which I rewatched recently.
shareI'll have to check that out... thanks for the heads up
shareI don't know that it is pointless but I would allow for you to see it differently than myself. I don't know that we have to weigh all fetishes the same. In any event to use my church analogy I don't know that I would go down as low as a couple out of presumably 50 women for example. But unlikely in my mind to be beyond 10 percent of the total female crowd. Still far likely to hit some woman with no interest at all. One has to weigh the social options of where they live and go from there.
shareI've wondered about this as well. Not long ago I started a post the death of cash. I think they are trying do away with the penny.
sharePennies are pretty useless though. It costs more to mint them than a penny is worth. Most pennies are not in circulation, they are just sitting in jars in people's houses.
Most people won't even bend over to pick up a penny. That is how worthless they are.
Prices should just be rounded off to the nearest nickel, OR they could make a tuppence coin to replace the penny, and prices could be rounded off to the nearest even number of cents.
This can't happen! It'll put bums asking for spare change out of business!
. . . oh, wait a minute . . . IT'S A GREAT FREAKING IDEA!!!
Yes, and prices like $99.99 should be illegal!
shareFor all the people that need to get back on track, it would be a bad idea. Because of the debit/credit card age, people see money as numbers and that is how they fall prey to debt. It is true that with plastic, it is much easier to overspend. I do not see cash ever going away UNLESS there is some HUGE lobbying against it.
shareImagine society going cashless... and then the computers go down. It would be an unprecedented chaos.
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I'm like that myself... a financial neanderthal. I prefer dealing with cash only.
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I was out of town this past weekend. Many of the restaurants would only take cash.
shareMaybe it’s because I live in a rural area, but I’ve had at least a couple of occasions where the ATM machines went down, and I had no cash, so I had to put my groceries back.
While I find the cashless option to be more convenient in general (for example, getting just the right amount of gas for my car) I hope that cash sticks around.
In my community, there's been a reoccurring problem with ' skimmers' being discovered at the ATM's of my bank, which always makes me more adamant to never acquire a debit card, no matter how many solicitations I get from said bank. I also don't indulge in online banking for the same reason.
shareGood to know. I was not aware of such devices, thanks. Sounds like cash might be the safer bet, and that it’s better to get it straight from the bank teller. Credit cards also provide decent protection.
I was defrauded one time online. I didn’t have good enough credit to have a credit card at the time, so I got an extra debit card just for the purpose of online purchases. I only kept the amount of money in that account that I planned on spending on a particular purchase.
Glad I was able to raise your awareness. Yes, when I need cash, I just write a personal check for such. The tellers at my local branch always recognize me in the drive-thru. Every bit as quick and convenient as an ATM withdrawal and much safer.
I was defrauded by a bogus online dating service once which unscrupulously tricked me into allowing 'automatic ' charges on my credit card. Luckily, I detected it early and was able to nip it in the bud. I had to close that account completely and create a new one.
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You need close your account at that bank and go to another one.
shareI don't live in a rural area, and the same thing's happened in various places here, from time to time. It is annoying.
Like you, I find debit cards more convenient, but do notice that if I withdraw cash and use only it, it's much easier to manage my money better, and spend less. So I'm all for keeping cash as an option. Also, I'm not wild about having all of my purchases tracked.
Also, I'm not wild about having all of my purchases tracked.
Even with widespread use of cash like today, a global computer breakdown would certainly lead to chaos.
shareI don't think that's the problem. I only deal in cash -- I don't have a bank account, debit or credit card.
People need housing, food, water, health care, education... If you want extras, do something to get money.. Egos make the market system in chaos. The greed is unbelievable.. 1,000 people own everything, and we just sit around.. We have the numbers, but no basic outline; it's the phony Democrat vs. Republican, man vs. woman, white vs. black baloney.
Why do 1000 people own everything, because they produced something a lot of people want/need. It is all about supply and demand. I dont think rich people are greedy as oppose to providing a much needed service. The most valuable companies in the world are in tech, oil/gas, energy, transportation,finance, retail. The most important industries.
shareLove cash... i dont even use credit cards unless i'm ordering online..
I hope its here for decades to come...
Getting rid of cash wont stop crime... thats utopian thinking...
As long as there is economic inequality there will be crime.
shareEven with economic equality there will still be crime. Semantically, the only way to get rid crime is to abolish all law.
shareAgreed. There are those who desire more than their share if there were pure economic equality. Look at the guy in Seattle who set out to pay all his employees 70K per year and the jealousy that created among some of his employees. There is always going to be the attitude of "I deserve more than everybody else." I know of a neighbor whose marriage is currently going up in flames. His whole life including his marriage was built upon a foundation of money in this case inherited. No surprise as nobody could say "no" to the man that the day came that he lost interest in his current wife. I kind of wonder how her life will go from here as her main focus was to hang onto the money man the best she could and now her best years in terms of beauty are behind her.
share"I deserve more than everybody else," is the basic premise of life. Without it there will be no life whatsoever. Even bacteria and viruses operate with this ethos.
shareI think bacteria and viruses are motivated by an instinctual survival mechanism, not greed. That's an exclusively human character flaw.
shareNo, not greed. Selfishness. Doing things that matter to me only and think of no consequences of other being's welfare or survival.
We do this everyday and it's not even considered as a morally corrupt thing. We crave for the latest and greatest smartphone every year while we know people being poisoned from e-waste in China. We keep producing (and buying) bottled water while knowing that the plastic containers will end up polluting the sea. All because of our convenience.
We are the smarter people, we deserve better life than everybody else. No one would say this is greed. That's just... normal.
Humans are inherently selfish, or else Communism would not have failed.
shareCommunism is virtually impossible to succeed. It deviates from human nature.
Capitalism is more fitting to human life, or any kind of organic life if that matters. It will always work. It's just unoptimal, but works well enough.
Only in countries where education is already really really advanced and availabe to all, communism / socialism may have a little more chance. A hybrid of two systems if you must.
A more evolved human in the future I think will be like in the Johnny Depp movie Transendence. Not quite a good movie, but let's not make that devalue the concept of the movie: a hive mind. If human can operate like a swarm we will undoubtly achieve greatness.
Just like a multi-cell organism can do things magnitudes more advanced than a single-cell organism. Here, communism prevails. A very intriguing movie if you ask me. Unfortunately the direction is weak and Depp is I think was a miscast. I would prefer Tom Cruise for a movie like this.
Great post
shareI remember visiting France for the first time as a teen back in the 70's and was quite tickled to see them buying bottles of water to drink as an everyday occurrence. It seemed very strange and yet fast forward 40 years and even though the tap water in the UK is fine people buy bottled water! There are the expensive "quality" brands,middle of the road brands for the middle classes and economy brands for the plebs!
It's water ffs! It tastes of nothing.We are so stupid as a race its frightening.
Just a guess but I think that the Europeans were more sensitive to ground water pollution because of having a war fought there only a few decades earlier than Americans were.
shareChina is pretty much half cashless
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