The current trend of removing cash is a serious mistake

Experience_day

I see another thread about shops not taking cash etc and it strikes me as a massive mistake as a society to Let it happen. It is an integral part of maintaining (even at this stage nearly a fiction) of privacy and it's elimination from society will not be a positive development.

Interested to hear other people's opinions..

Experience_day

Experience_day wrote: »

I see another thread about shops not taking cash etc and it strikes me as a massive mistake as a society to Let it happen. It is an integral part of maintaining (even at this stage nearly a fiction) of privacy and it's elimination from society will not be a positive development.

Interested to hear other people's opinions..

Privacy for what? To dodge paying tax?
Removing it will be one of the best things to happen.

Mike3287

ReginaldSmythV wrote: »

Privacy for what? To dodge paying tax?
Removing it will be one of the best things to happen.

Exactly

Kills the black market and drug money culture

Thought I'd never see the day

Pavee point won't be happy haha

You're probably right..Are they not legally obliged to take it?..

snoopboggybog

It would be fantastic, every cent would accounted for.

Drug dealers would piss their pants.

gmisk

[Deleted User] wrote: »

You're probably right..Are they not legally obliged to take it?..

Nope

Experience_day

ReginaldSmythV wrote: »

Privacy for what? To dodge paying tax?
Removing it will be one of the best things to happen.

You can't think why privacy can be important in any situation, especially with a world which may change from what it is today?

freshpopcorn

I just feel sorry for the teenagers trying to buy a few drink with their friends without there mammy and daddy checking there revolt card ever few minutes@

gmisk

gmisk wrote: »

Nope

Really?.. That's mad..I was under the impression they were..

Experience_day

snoopboggybog wrote: »

It would be fantastic, every cent would accounted for.

Drug dealers would piss their pants.

And if the systems ever go down....we're all banjaxed? If large institutions start disagreeing with financial decisions and cut off access to credit?

snoopboggybog

Experience_day wrote: »

And if the systems ever go down....we're all banjaxed? If large institutions start disagreeing with financial decisions and cut off access to credit?

Your hardly going to have your life savings stuffed under the mattress now are you?

MEGA BRO WOLF 5000

ReginaldSmythV wrote: »

Privacy for what? To dodge paying tax?
Removing it will be one of the best things to happen.

Just incredible. The stupidity of this post is staggering.

Hunky Monster

Hunky Monster wrote: »

Just incredible. The stupidity of this post is staggering.

New to boards.ie??

Pauliedragon

This place is madder than a madhouse.

Hunky Monster

Hunky Monster wrote: »

Just incredible. The stupidity of this post is staggering.

Yet you offered **** all of your own. Just desperate for a few Thanks?

Jimmy McGill

Cash is king

MEGA BRO WOLF 5000

BrownFinger wrote: »

New to boards.ie??

Only here 20 years but sometimes a post so stupid comes along it almost takes your breath away.

SEPT 23 1989

Yes I want banks revenue and health insurance companies knowing down to the last cent what I spend my money on

ka2

[Deleted User] wrote: »

You're probably right..Are they not legally obliged to take it?..

Only to pay a debt, such as if you ate at a restaurant and pay after the food is consumed. For most things you buy, you pay before you receive it so there’s no debt. In that case they can insist on whatever payment method they like.

Robert ninja

Mike3287 wrote: »

Exactly

Kills the black market and drug money culture

The black market ALWAYS finds a way, that's its nature. Legalise drugs if you want to actually help human beings avoid spiked drugs and dangerous situations. Tearing away at their privacy in pursuit of criminals never actually leads leads to significant reduction in crime and you can make the arguement it's never been for that purpose.

skooterblue2

snoopboggybog wrote: »

Your hardly going to have your life savings stuffed under the mattress now are you?

Are you suggesting that the system could never fail like a first world bank could ... lets say not recognise payments in or make payments out for three weeks? That could never happen? What if you didnt have a second bank account? What would you do for rent, food and heating for three weeks? Lets not get started on the mortgage? What if you could nt fall back on gold or silver as a currency or if the computer systems failed?

Didnt that happen about 8 years ago at Ulster bank? They out sourced their IT saving €8 million and the chairman got a bonus of 1 million extra. The technican screwed up and they had no transactions for a few weeks?

Derdwerker

The removal of cash from society is classicist and problematic to say the least, that effects the lower classes almost exclusively. People from under-funded, in-educated areas often don’t have bank accounts. What are they supposed to do? Starve because some uppity shop owner is to good for cash?

Robert ninja

My bank recently started charging more fees in the heat of the COVID-19 crisis when everywhere was asking to use contactless payments. Banks are willing to do this kind of thing at the expense of people's health - they should've removed charges for card usage not added more. The last thing you want is a system that makes citizens further dependent on these hungry bastards.

double jobbing

With the decline in the virus I've returned to cash after what, 12 weeks now?

Tap and go is the preserve of the moron. Takes twice, three times as long to complete payment, not to mention half of vendors keep the reader upside down behind the counter, meaning the amount on the screen is out of your view, meaning your 1.50 can of coke could be 15 quid for all you know. An utter pain in the hole, I'm baffled as to how anybody prefers it over cash.

Removal of cash will not mean removal of privacy, necessarily. As bitcoin and other blockchain currencies stabilise, their adoption will grow, and privacy will remain possible.

double jobbing

double jobbing wrote: »

With the decline in the virus I've returned to cash after what, 12 weeks now?

Tap and go is the preserve of the moron. Takes twice, three times as long to complete payment, not to mention half of vendors keep the reader upside down behind the counter, meaning the amount on the screen is out of your view, meaning your 1.50 can of coke could be 15 quid for all you know. An utter pain in the hole, I'm baffled as to how anybody prefers it over cash.

If only there was something that the shop could give you to prove what you were charged and paid.

double jobbing

DubInMeath wrote: »

If only there was something that the shop could give you to prove what you were charged and paid.

What, wait another 20 seconds for a receipt? For a can of coke?

Why the **** would I do that when I can count the coins and pay it myself?

RandomViewer

Robert ninja wrote: »

The black market ALWAYS finds a way, that's its nature. Legalise drugs if you want to actually help human beings avoid spiked drugs and dangerous situations. Tearing away at their privacy in pursuit of criminals never actually leads leads to significant reduction in crime and you can make the arguement it's never been for that purpose.

Drug dealers will just use Sterling/ Dollars, gold sovereigns whatever, if you legalise drugs the criminals will find another cash flow, tiger kidnapping, kiddie porn, guns, scrum always finds its level

Bishop of hope

Cash is king.

Stark

I became a lot more aware of what I was spending using card vs cash when going to apply for a mortgage. Having a stranger being able to pore through every detail of my life from what I had to breakfast to my subscription to pornhub premium made me a little uneasy.

Robert ninja

RandomViewer wrote: »

if you legalise drugs the criminals will find another cash flow, tiger kidnapping, kiddie porn, guns, scrum always finds its level

So don't legalise and regulate drugs because criminals will get bored and start selling child porn? That's not how humans, crime or drug trade works. Incredible.

Varik

RandomViewer wrote: »

Drug dealers will just use Sterling/ Dollars, gold sovereigns whatever, if you legalise drugs the criminals will find another cash flow, tiger kidnapping, kiddie porn, guns, scrum always finds its level

Sterling/ Dollars/ crypto /whatever, they won't be wondering into get the weekly shopping with that. At some point they need it in a form they can use and without cash laundering get's a lot harder.

Aint Eazy Being Cheezy

Doesn’t Jobseekers need to be collected in cash at the post office?

double jobbing

double jobbing wrote: »

With the decline in the virus I've returned to cash after what, 12 weeks now?

Tap and go is the preserve of the moron. Takes twice, three times as long to complete payment, not to mention half of vendors keep the reader upside down behind the counter, meaning the amount on the screen is out of your view, meaning your 1.50 can of coke could be 15 quid for all you know. An utter pain in the hole, I'm baffled as to how anybody prefers it over cash.

Three times as long

double jobbing

ReginaldSmythV wrote: »

Three times as long

I'd say 50 percent of small purchases I make, I have the exact amount ready.

Can you complete a tap and go transaction in under 2 seconds? vs a minimum of 12 for tap and go?

Eric Cartman

Aint Eazy Being Cheezy wrote: »

Doesn’t Jobseekers need to be collected in cash at the post office?

all government payments should be cashless, whatever about privacy of earned money, if you're living off the taxpayer it should all be accounted for.

double jobbing

double jobbing wrote: »

I'd say 50 percent of small purchases I make, I have the exact amount ready.

Can you complete a tap and go transaction in under 2 seconds? vs a minimum of 12 for tap and go?

You’d be a massive exception to the rule if you have the exact amount ready (not that I believe you anyway) and you seem to be basing it on machines from decades ago. Using two extremes to make a false point.

Aint Eazy Being Cheezy

Eric Cartman wrote: »

all government payments should be cashless, whatever about privacy of earned money, if you're living off the taxpayer it should all be accounted for.

Then they need to pay it directly into people’s account, and not have them collect it personally.

Eric Cartman

Aint Eazy Being Cheezy wrote: »

Then they need to pay it directly into people’s account, and not have them collect it personally.

easily done, issue a debit card function on the public services card, have self sign-on kiosks with facial recognition in post offices. Ban the card from use for alcohol, tobacco , tanning beds, holidays etc...

Varik

Aint Eazy Being Cheezy wrote: »

Then they need to pay it directly into people’s account, and not have them collect it personally.

You can already get social payments deposited into bank accounts.

Would assume many already have due to the lockdown.

skooterblue2

I am amazed after the last 12 years that people think that Banking institutions and Governments are infallible.

skooterblue2

Eric Cartman wrote: »

easily done, issue a debit card function on the public services card, have self sign-on kiosks with facial recognition in post offices. Ban the card from use for alcohol, tobacco , tanning beds, holidays etc...

Do you never question the Government or wonder why inflation happens and you want to give complete control of your wealth over to someone as wasteful and irresponsible as the Government?

cannotlogin

I don't have a problem with removal of cash from society.

I don't have a need to buy anything that requires a cash payment only.

I can't even think of anything legal that would require a cash payment instead of card.

Aint Eazy Being Cheezy

Eric Cartman wrote: »

easily done, issue a debit card function on the public services card, have self sign-on kiosks with facial recognition in post offices. Ban the card from use for alcohol, tobacco , tanning beds, holidays etc...

Maybe hang a bell around their neck as well, just so we all know they’re on the dole.

skooterblue2

cannotlogin wrote: »

I don't have a problem with removal of cash from society.

I don't have a need to buy anything that requires a cash payment only.

I can't even think of anything legal that would require a cash payment instead of card.

Its about control and your right to own wealth. You are trusting your wealth completely to the state. It is happening gradually where you own less and less property and you are losing your rights.

skooterblue2

Aint Eazy Being Cheezy wrote: »

Maybe hang a bell around their neck as well, just so we all know they’re on the dole.

...... as you transition to a cashless society to one of social credits. Where could it go wrong?

mickdw

Im moving back to cash from tomorrow.
Didnt expect anyone to be handling cash at the height of virus but safer now i feel.

petes

double jobbing wrote: »

I'd say 50 percent of small purchases I make, I have the exact amount ready.

Can you complete a tap and go transaction in under 2 seconds? vs a minimum of 12 for tap and go?

What exactly are you saving up these valuable seconds for?

skooterblue2

Eric Cartman wrote: »

all government payments should be cashless, whatever about privacy of earned money, if you're living off the taxpayer it should all be accounted for.

Would you be in favour of microchipping them also? I mean it is more efficent.

Aint Eazy Being Cheezy

skooterblue2 wrote: »

...... as you transition to a cashless society to one of social credits. Where could it go wrong?

In a country where a whistleblower gets framed as a paedophile.

Mrs OBumble

cannotlogin wrote: »

I don't have a problem with removal of cash from society.

I don't have a need to buy anything that requires a cash payment only.

I can't even think of anything legal that would require a cash payment instead of card.

My local Chinese is one example.

I've seen a few other small businesses where the card-machine seems to go out of order for weeks at a time. I'm guessing it's because the bank removes some facility from them.