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Cashless Australia

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coppice:

--- Quote from: vad on March 10, 2021, 04:02:18 pm ---Cashless society means less violent crime: fewer armed bank/store robberies, fewer street robberies. Probably less relevant to Australia than to the US though.

--- End quote ---
The numerous Indians bankrupted by government actions over cash in 2016 probably aren't particularly consoled by the crime being non-violent.

themadhippy:

--- Quote ---Number one reason why a government would prefer a cashless society is that every transaction can be tracked, traced and accounted fo
--- End quote ---
And give them control of who spends how much  on what.In the uk its been suggested sevral times to make benefit payments via a card that can only be used for certain transactions in certain shops

Monkeh:

--- Quote from: themadhippy on March 10, 2021, 04:57:32 pm ---
--- Quote ---Number one reason why a government would prefer a cashless society is that every transaction can be tracked, traced and accounted fo
--- End quote ---
And give them control of who spends how much  on what.In the uk its been suggested sevral times to make benefit payments via a card that can only be used for certain transactions in certain shops

--- End quote ---

So Mrs. 25-Children can't go and spend my taxes on her 60" TV? My, that'd be a shame..

Halcyon:

--- Quote from: AntiProtonBoy on March 10, 2021, 04:35:48 pm ---Number one reason why a government would prefer a cashless society is that every transaction can be tracked, traced and accounted for. They can keep tabs on tax evasion, money laundering and link every little purchase to an individual, or a business entity. This is all part of the surveillance apparatus, which naturally has serious privacy implications for everyone involved.

The obsession with limiting cash flow is also evident by the proposed $10,000 cash payment limit bill, and there was also talk about scrapping $100 notes, but I don't think that's gonna happen any time soon. That being said, I rarely see ATMs dispense $100 notes these days.

I would not be surprised if these kinds of restrictions would compel people to start hoarding cash rather than depositing money in banks.

--- End quote ---

I see this as a good thing. The Government don't care what you and I spend our money on, rather it's about stopping serious and major crime but cutting off funding. It's becoming increasingly hard as a criminal to transfer money around the place and large amounts get noticed. It has the added benefit of being more convenient and secure.

cdev:

--- Quote from: Monkeh on March 10, 2021, 05:08:05 pm ---
--- Quote from: themadhippy on March 10, 2021, 04:57:32 pm ---
--- Quote ---Number one reason why a government would prefer a cashless society is that every transaction can be tracked, traced and accounted fo
--- End quote ---
And give them control of who spends how much  on what.In the uk its been suggested sevral times to make benefit payments via a card that can only be used for certain transactions in certain shops

--- End quote ---

So Mrs. 25-Children can't go and spend my taxes on her 60" TV? My, that'd be a shame..

--- End quote ---

Is this the so called "poverty porn"?

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