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| Cashless Australia |
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| cdev:
--- Quote from: themadhippy on March 08, 2021, 08:42:28 pm --- --- Quote ---How many people currently have stacks of cash on hand? If banks go out now, nobody would have access to the money anyway. All those arguments are very tired and weak. --- End quote --- In a cashless society one failure and your screwed,for example the supermarkets cant take cards,as has happened several times in the uk, no way to buy your shopping,however with the cash machines still working your able to get cash to pay for your goods --- End quote --- whenevr i go into sin city i pick up sin cash.the dirtiest money i cand find. straight from the nether regions.it smellls nastyi I'm just joking |
| HwAoRrDk:
I am against moves to go cashless, for one major reason that can be expressed in a single word: disenfranchisement. Even in here in the 21st century, in first-world countries, there are still significant proportions of the population that have no access to electronic payment methods or even banking facilities full stop. Those with very bad credit, immigrants, the homeless, etc. Take away their ability to trade with cash and you take away the ability for them to live their lives independently. I find it usually surprises people that the law here in the UK only says that legal tender cannot be refused in the settlement of a debt. This means that many types of vendor aren't actually required to take cash if they don't want to. An example of a debt would be having a meal in a restaurant - the food is prepared at your order and consumed before payment is requested, so you're in their debt. But buying a chocolate bar in your local corner shop isn't, because if you don't pay, you don't get the goods, so there is no debt. |
| vad:
--- Quote from: Stray Electron on March 09, 2021, 12:13:07 am ---Not around here anymore! Very few store even have the mechanical card swipe machines anymore and none of the brainless employees knows how to fill in a form. --- End quote --- You don’t need to have the mechanical card swipe machine for offline processing, although these can still be in use. Electronic payment terminals can do offline authorization. Ever wonder how inflight card transactions get processed by airlines? |
| ataradov:
Mechanical machines are not even viable anymore. I've got a replacement card last year, not only it did not have embossed letter, but it actually has no information printed on the front, not a name not a number. There is only a chip and a bank name. The rest printed is on the reverse side. |
| tpowell1830:
--- Quote from: cdev on March 08, 2021, 08:18:49 pm ---I am reading all these articles about how Australia is going cashless. Clearly the online companies are ecstatic. What do you think? I'm worried about natural disasters if you cant access your bank account, how will you pay? If there is a solar storm that wipes out the grid, how will you pay? If you have a negative balance, how will you access toll roads? Do you use your cell phone to pay now? Obvious, peoples lives will become an open book to the information brokers. In India they just demonetized, suddenly the two top denominations of cash became worthless. Millions of poor Indians lost their life savings. The Modi government didn't seem concerned. It later came out that a US group, the Better Than Cash Alliance had been involved, calling the Indian demonetization their pilot project. In a cashless society any problem could become a major disaster very quickly. Also it gives too much power to companies that should never have become as big as they are. IMHO. We see the problem with the GAFA companies. (Google Apple Facebook Amazon) http://NorbertHaering.de has been tracking the cashless issue. reference example: https://www.abc.net.au/news/2020-06-09/australia-can-learn-from-swedens-move-to-a-cashless-society/12282764 --- End quote --- The Great Reset is about to happen... the Federal Reserve will send everyone their basic income money electronically and, if not spent by end of month, reset to zero... :-DD |
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