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The current trend of removing cash is a serious mistake

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24567…33

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    #32
    Varik
    Registered Users Posts: 12,485 ✭✭✭✭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.


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    #33
    Aint Eazy Being Cheezy
    Registered Users Posts: 4,629 ✭✭✭Aint Eazy Being Cheezy


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


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    #34
    [Deleted User]
    Posts: 7,712 ✭✭✭ [Deleted User]


    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 :D


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    #35
    double jobbing
    Closed Accounts Posts: 322 ✭✭double jobbing


    ReginaldSmythV wrote: »
    Three times as long :D

    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?


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    #36
    Eric Cartman
    Registered Users Posts: 26,283 ✭✭✭✭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.


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    #37
    [Deleted User]
    Posts: 7,712 ✭✭✭ [Deleted User]


    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.


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    #38
    Aint Eazy Being Cheezy
    Registered Users Posts: 4,629 ✭✭✭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.


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    #39
    Eric Cartman
    Registered Users Posts: 26,283 ✭✭✭✭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...


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    #40
    Varik
    Registered Users Posts: 12,485 ✭✭✭✭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.


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    #41
    skooterblue2
    Closed Accounts Posts: 6,816 ✭✭✭skooterblue2


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


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    #42
    skooterblue2
    Closed Accounts Posts: 6,816 ✭✭✭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?


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    #43
    cannotlogin
    Closed Accounts Posts: 1,172 ✭✭✭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.


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    #44
    Aint Eazy Being Cheezy
    Registered Users Posts: 4,629 ✭✭✭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.


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    #45
    skooterblue2
    Closed Accounts Posts: 6,816 ✭✭✭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.


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    #46
    skooterblue2
    Closed Accounts Posts: 6,816 ✭✭✭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?


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    #47
    mickdw
    Registered Users Posts: 23,264 ✭✭✭✭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.


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    #48
    petes
    Registered Users Posts: 8,382 ✭✭✭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?


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    #49
    skooterblue2
    Closed Accounts Posts: 6,816 ✭✭✭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.


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    #50
    Aint Eazy Being Cheezy
    Registered Users Posts: 4,629 ✭✭✭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.


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    #51
    Mrs OBumble
    Registered Users Posts: 25,689 ✭✭✭✭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.


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    #52
    skooterblue2
    Closed Accounts Posts: 6,816 ✭✭✭skooterblue2


    Aint Eazy Being Cheezy wrote: »
    In a country where a whistleblower gets framed as a paedophile.

    See how easy it is for the state/ banking establishment to strip him of his wealth with no cheques or balances? Its not about the money its about control and how you can be intimidated by the state.


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    #53
    skooterblue2
    Closed Accounts Posts: 6,816 ✭✭✭skooterblue2


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

    .... and what if the shop/business insist on cash?


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    #54
    Kermit.de.frog
    Registered Users Posts: 23,473 ✭✭✭✭Kermit.de.frog


    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..

    Hold on a moment while I shed a tear for the soon to be extinct drug lords, dealers and money launderes.

    Can't happen soon enough imo


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    #55
    skooterblue2
    Closed Accounts Posts: 6,816 ✭✭✭skooterblue2


    Mrs OBumble wrote: »
    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.

    The real truth is they would prefer cash. They are trying to run a cash business with as little bank transactions as possible.


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    #56
    retalivity
    Registered Users Posts: 14,013 ✭✭✭✭retalivity


    I have worked in finance, particularly in customer analytics, AML & fraud detection.
    Because of this, I use cash as often as I can.


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    #57
    Murt10
    Registered Users Posts: 1,188 ✭✭✭Murt10


    SEPT 23 1989 wrote: »
    Yes I want banks revenue and health insurance companies knowing down to the last cent what I spend my money on


    I've no problems with privacy. Revenue know what I earn, so there's nothing much to hide there.

    I have accounts in various banks, so any one bank only sees what I want them to see.

    Even in a cashless society there will always be small cash transactions. But if the majority of transactions go online then illegal or dubious transactions will be much harder to hide from Revenue and the Gardai.

    Another poster mentioned that it might effect poor people disproportionately. I disagree. It may help them realise where they are spending all their money and keeping them poor.

    Revolut do a monthly statement where they tell you how much you have spent under various headings: Fuel, groceries coffee etc. Looking through my statement (before Covid) I realised I was spending far more on coffee and doing so more frequently than I realised. So it can actually be useful like that.

    How often have you taken out 50 or 100 and a day or two later you hadn't a penny. You wondered wher it was gone, but just couldn't account for it. In a cashless society you'll be able to see exactly wher you spent your money and make adjustments accordingly.

    Finally, on the Revenue front, if everyone was paying their fair share of tax then the tax burden wouldn't be falling so hard on those who have no way of hiding it, and everyone would be paying a lower rate.


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    #58
    skooterblue2
    Closed Accounts Posts: 6,816 ✭✭✭skooterblue2


    Kermit.de.frog wrote: »
    Hold on a moment while I shed a tear for the soon to be extinct drug lords, dealers and money launderes.

    Can't happen soon enough imo
    you know they have cities in China? You want to live under the constant eye of the state?
    You are no better than a microchipped dog. I know what you are thinking because I can access your google account, I know where you are because of your mobile phone, I know what you spend because I control your wealth. People are so fast to give up their rights of privacy and you wonder why their mental health suffers?


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    #59
    skooterblue2
    Closed Accounts Posts: 6,816 ✭✭✭skooterblue2


    Murt10 wrote: »

    Even in a cashless society there will always be small cash transactions. But if the majority of transactions go online then illegal or dubious transactions will be much harder to hide from Revenue and the Gardai.

    Another poster mentioned that it might effect poor people disproportionately. I disagree. It may help them realise where they are spending all their money and keeping them poor.

    Revolut do a monthly statement where they tell you how much you have spent under various headings: Fuel, groceries coffee etc. Looking through my statement (before Covid) I realised I was spending far more on coffee and doing so more frequently than I realised. So it can actually be useful like that.

    How often have you taken out 50 or 100 and a day or two later you hadn't a penny. You wondered wher it was gone, but just couldn't account for it. In a cashless society you'll be able to see exactly wher you spent your money and make adjustments accordingly.

    Finally, on the Revenue front, if everyone was paying their fair share of tax then the tax burden wouldn't be falling so hard on those who have no way of hiding it, and everyone would be paying a lower rate.

    There wont be cash if you make it cashless.
    You have complete trust in the Government so you dont understand Quantitve easing/inflation. Everyone doesnt pay their fair share of tax. Corporations pay next to nothing while the middle and working class are taxed to the bone. It has nothing to do with wealth but to keep you busy so you dont question what is happening in society. While I disagree with parts of the social welfare system, they are not the reason for the working class and middle class being taxed to the hilt.


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    #60
    Lemsiper
    Registered Users Posts: 655 ✭✭✭Lemsiper


    Mike3287 wrote: »
    Exactly

    Kills the black market and drug money culture

    Thought I'd never see the day

    Pavee point won't be happy haha

    Best of luck achieving that when something like Monero exists.


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    #61
    mickdw
    Registered Users Posts: 23,264 ✭✭✭✭mickdw


    skooterblue2 wrote: »
    .... and what if the shop/business insist on cash?

    I said im going to cash so that will be ok.
    If they insiat on card, i will likely use my card if its something i need. Im just eager to keep cash as widely circulating as possible.
    We live in a time where our phones and computers are already using our activities to target advertising.
    If our spending goes completely electronic, its another major step towards big business controlling us completely.


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