How would we get shopping trolleys? The idea is ridiculous
The story should really be why the education system failed 15m brits who need physical cash in order to budget.
More intriguing is why the survey was carried out by the Royal Society of Arts – seems an odd thing for them to be interested in or campaign on.
We need to keep cash for the sake of democracy. Losing the power to hold cash would open the door to huge abuses of power and control. The ruling classes have proven time and time again that they can not be trusted and should not be given the opportunity.
Ooo the technocracy is on it’s way, make sure you had your heart attack jab.
Time to start learning about digital currency/crypto guys change is on its way! All jokes aside this is bad, how on earth are people who are not tech savvy gonna cope!?
there is a global push for cashless society… another form of tracking,control and all the other big brother stuff associated.. want to go cashless… next step will be embedded microchip so you dont need to carry a credit card
Whenever one of these articles comes out, I always wonder what foreign tourists are supposed to do. Not every country has a widespread banking system that offers cards, many don’t offer cards that can be used overseas, and how many UK retailers accept Japan Credit Bureau or Chinapay? I’m sure there’s a solution that could be phased in over the course of 10 years or so that tourists would get used to, but until that process starts, any cashless society remains perpetually 10 years away. There’s no point talking about 1 million people who budget with cash until you deal with the tens of millions of visitors who can’t use anything else.
Chinese takeaways across the country sent into panic…
“The government is legislating to give the Financial Conduct Authority oversight of access to cash. It has also paved the way for more convenience stores to offer cashback to customers, even if they are not making a purchase.”
It seems to me the government is aware of the continued need for access to cash. I think it will ultimately die out, but i wouldn’t bet on it happening this century.
They don’t need to change the system. The system will evolve into what people want anyway.
E.g. I rarely use cash now, for me it is a cashless system. Until your at a pay and display car park in Cornwall and need £8 in change to pay for parking…
And conveniently with cashless society, I imagine there will always be ‘transaction fees’ on every move just like with merchants.
Doesn’t seem very helpful.
I’d be a lot happier about cash if we could just phase out the 1p and 2p coins.
Why would you phase out a technology that remains useful: same with the wheel, or insulin. Just because you have a modern, exciting, alternative to physical cash does not mean that everybody *wants* to use it. Why would I want to use cashcards for everything when all it results in is my data being sold on for commercial gain with me getting nothing out of that? Until there is proper, effective, data protection, which recognises and preserves *all* of my data rights, I am inclined to think that a cashless society can remain fiction.
Why would I need cash when I can just lease items using my credits?
I wonder how much of that 15% is people skipping VAT on their earnings.
The government are bringing in a digital “ID” system now. It is nothing to do with ID of course since we already have that.
I mention this because it is clear where things are going, tracking every aspect of everyones life at every level.
It is a tad suprising that’s it’s a Conservative government behind all of this.
I feel Cash give anonymity …your spending habits are not subject to total surveillance and we are becoming more surveilled than ever. I also feel societies are changing so rapidly may be due to technology and international capitalism in a way that makes me feel out of place with no comprehension of how these sweeping these changes are occurring and I have no involvement in that process or power to influence those changes. Our voting system is not democratic you only have that input every 5 years and the rights to protest is being eroded. Need to take a leaf out of the yellow jackets book. I am really not a person who could do direct action and sometimes it calls for that. It feels like these changes are top down change as though there is a grand puppeteer pulling all the strings.
Here’s the sad truth- it costs business more money to legitimately bank cash, than even the most expensive card providers. The only reason businesses still take cash, is to avoid tax and cater to those who avoid tax 👍
(Generalisation – but you get my point)
You are one bank error from starving without cash. Some years ago I banked with Barclays and I was for work going to be in a foreign country for 3 months. I sent them a letter a month before, I went into my branch a couple of weeks before and I called them on the phone the day before I left all explaining where I was going to be and how long so they didn’t cut me off.
The first moment I try to withdraw money I get a decline. I wait until the British opening time that afternoon and ring them. Their response to having cut me off “Just go to any UK cash machine and enter your pin”. There was no other solution, the fact they had stranded me in a foreign country without any money didn’t bother them at all, nor did they care about the three warnings they given. Thankfully a colleague helped, I had money transferred to their bank account and walked around with thick stacks of cash everywhere. In the hellscape that is no cash with companies like Barclays around I would not even have been able to pay to leave the country nor eat, they just didn’t care that I couldn’t get access to my cash. I left Barclays when I got back. Account retention just couldn’t see what the issue was.
Fuck Barclays and fuck off with a cash less society because banks screw up every day, I should know I worked for most of them in the UK and they are all dreadful and would sell your private details for a pickle.
Bob the builder must be stopped from avoiding a couple of pennies in tax. Meanwhile big corp doesn’t pay tax at all. And the solution is to remove the last vestiges of privacy from society and risk plunging millions into unsurvivable poverty. Please spare a thought for the poor banks who have the unreasonable task of counting the tiny and ever diminishing amount of cash that is still used by the vulnerable and elderly.
Cash also needs a reform. Get rid of every coin under £1. Very little costs under that amount now.
Everytime I hear about push for cashless I just think of central banks salivating about negative interest rates. It can get fucked.
It’s pretty normal for educated immigrants or those with specific needed skills to be most desirable, along with some refugees. Qataris is a weird think to say, since I don’t think they’re lining up to come here and there’s a load of other educated or skilled people who aren’t Qataris and nationality of immigrants shouldn’t be the key factor determining how open we should be to them. It should be a mixture of education level, specialised skills, do they have relatives here, English skills, culture, their level of individual need.
Honestly would not be surprised.
Personally I think both cash and card have their conveniences, but not everyone sees it that way. There are a lot of people who for one reason or another, won’t use cards or shop online, whether that’s just lack of confidence, stubborness, or a fear of technology. I’m surprised at how many people in the local areas see tech as like black magic or something when it’s not.
Putting aside card payments specifically for the moment, there is a big issue we have as a society in terms of our relationship to technology across all age groups. There’s a skill and knowledge gap we need to address before it’s too late
This is where a cryptocurrency like Nano can flourish. Digital currency that isn’t controlled by rich people. https://i.redd.it/lj9vi0er55q81.png
26 comments
How would we get shopping trolleys? The idea is ridiculous
The story should really be why the education system failed 15m brits who need physical cash in order to budget.
More intriguing is why the survey was carried out by the Royal Society of Arts – seems an odd thing for them to be interested in or campaign on.
We need to keep cash for the sake of democracy. Losing the power to hold cash would open the door to huge abuses of power and control. The ruling classes have proven time and time again that they can not be trusted and should not be given the opportunity.
Ooo the technocracy is on it’s way, make sure you had your heart attack jab.
Time to start learning about digital currency/crypto guys change is on its way! All jokes aside this is bad, how on earth are people who are not tech savvy gonna cope!?
there is a global push for cashless society… another form of tracking,control and all the other big brother stuff associated.. want to go cashless… next step will be embedded microchip so you dont need to carry a credit card
Whenever one of these articles comes out, I always wonder what foreign tourists are supposed to do. Not every country has a widespread banking system that offers cards, many don’t offer cards that can be used overseas, and how many UK retailers accept Japan Credit Bureau or Chinapay? I’m sure there’s a solution that could be phased in over the course of 10 years or so that tourists would get used to, but until that process starts, any cashless society remains perpetually 10 years away. There’s no point talking about 1 million people who budget with cash until you deal with the tens of millions of visitors who can’t use anything else.
Chinese takeaways across the country sent into panic…
“The government is legislating to give the Financial Conduct Authority oversight of access to cash. It has also paved the way for more convenience stores to offer cashback to customers, even if they are not making a purchase.”
It seems to me the government is aware of the continued need for access to cash. I think it will ultimately die out, but i wouldn’t bet on it happening this century.
They don’t need to change the system. The system will evolve into what people want anyway.
E.g. I rarely use cash now, for me it is a cashless system. Until your at a pay and display car park in Cornwall and need £8 in change to pay for parking…
And conveniently with cashless society, I imagine there will always be ‘transaction fees’ on every move just like with merchants.
Doesn’t seem very helpful.
I’d be a lot happier about cash if we could just phase out the 1p and 2p coins.
Why would you phase out a technology that remains useful: same with the wheel, or insulin. Just because you have a modern, exciting, alternative to physical cash does not mean that everybody *wants* to use it. Why would I want to use cashcards for everything when all it results in is my data being sold on for commercial gain with me getting nothing out of that? Until there is proper, effective, data protection, which recognises and preserves *all* of my data rights, I am inclined to think that a cashless society can remain fiction.
Why would I need cash when I can just lease items using my credits?
I wonder how much of that 15% is people skipping VAT on their earnings.
The government are bringing in a digital “ID” system now. It is nothing to do with ID of course since we already have that.
I mention this because it is clear where things are going, tracking every aspect of everyones life at every level.
It is a tad suprising that’s it’s a Conservative government behind all of this.
I feel Cash give anonymity …your spending habits are not subject to total surveillance and we are becoming more surveilled than ever. I also feel societies are changing so rapidly may be due to technology and international capitalism in a way that makes me feel out of place with no comprehension of how these sweeping these changes are occurring and I have no involvement in that process or power to influence those changes. Our voting system is not democratic you only have that input every 5 years and the rights to protest is being eroded. Need to take a leaf out of the yellow jackets book. I am really not a person who could do direct action and sometimes it calls for that. It feels like these changes are top down change as though there is a grand puppeteer pulling all the strings.
Here’s the sad truth- it costs business more money to legitimately bank cash, than even the most expensive card providers. The only reason businesses still take cash, is to avoid tax and cater to those who avoid tax 👍
(Generalisation – but you get my point)
You are one bank error from starving without cash. Some years ago I banked with Barclays and I was for work going to be in a foreign country for 3 months. I sent them a letter a month before, I went into my branch a couple of weeks before and I called them on the phone the day before I left all explaining where I was going to be and how long so they didn’t cut me off.
The first moment I try to withdraw money I get a decline. I wait until the British opening time that afternoon and ring them. Their response to having cut me off “Just go to any UK cash machine and enter your pin”. There was no other solution, the fact they had stranded me in a foreign country without any money didn’t bother them at all, nor did they care about the three warnings they given. Thankfully a colleague helped, I had money transferred to their bank account and walked around with thick stacks of cash everywhere. In the hellscape that is no cash with companies like Barclays around I would not even have been able to pay to leave the country nor eat, they just didn’t care that I couldn’t get access to my cash. I left Barclays when I got back. Account retention just couldn’t see what the issue was.
Fuck Barclays and fuck off with a cash less society because banks screw up every day, I should know I worked for most of them in the UK and they are all dreadful and would sell your private details for a pickle.
Bob the builder must be stopped from avoiding a couple of pennies in tax. Meanwhile big corp doesn’t pay tax at all. And the solution is to remove the last vestiges of privacy from society and risk plunging millions into unsurvivable poverty. Please spare a thought for the poor banks who have the unreasonable task of counting the tiny and ever diminishing amount of cash that is still used by the vulnerable and elderly.
Cash also needs a reform. Get rid of every coin under £1. Very little costs under that amount now.
Everytime I hear about push for cashless I just think of central banks salivating about negative interest rates. It can get fucked.
It’s pretty normal for educated immigrants or those with specific needed skills to be most desirable, along with some refugees. Qataris is a weird think to say, since I don’t think they’re lining up to come here and there’s a load of other educated or skilled people who aren’t Qataris and nationality of immigrants shouldn’t be the key factor determining how open we should be to them. It should be a mixture of education level, specialised skills, do they have relatives here, English skills, culture, their level of individual need.
Honestly would not be surprised.
Personally I think both cash and card have their conveniences, but not everyone sees it that way. There are a lot of people who for one reason or another, won’t use cards or shop online, whether that’s just lack of confidence, stubborness, or a fear of technology. I’m surprised at how many people in the local areas see tech as like black magic or something when it’s not.
Putting aside card payments specifically for the moment, there is a big issue we have as a society in terms of our relationship to technology across all age groups. There’s a skill and knowledge gap we need to address before it’s too late
This is where a cryptocurrency like Nano can flourish. Digital currency that isn’t controlled by rich people. https://i.redd.it/lj9vi0er55q81.png