Social Cashless society

Cashless society , what do you say ?

  • Total voters
    5
VulcanNervPinch said:
Who keeps any meaningful proportion of their wealth in physical currency?

I have six figures worth of "on paper" money. I have maybe one thousand in cash. Should I keep a couple hundred grand under my mattress?

a) If anything were to happen to digital money, cash on hand will be trivial
b) If something happened to render digital money worthless, who would be taking cash? If shit truly hits the fan, tangible goods are the only things people want.
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This is why the fear mongering is so completely retarded. If people are afraid of all your assets being digital, we are already there and have been for many years.

The manipulations people are so afraid of are all basically possible already.
 
Mike said:
This is why the fear mongering is so completely retarded. If people are afraid of all your assets being digital, we are already there and have been for many years.

The manipulations people are so afraid of are all basically possible already.
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No way, the fear mongering has a lot of good reasoning behind it. A cashless society takes more freedom away from people. It makes these dystopian authoritarian ideas not only possible but inevitable. Governments since the beginning of time have been prone to corruption, why would people think it's ok to give more power to the richest people in the world who influence governments? Terrible idea. The threat of a cashless society is huge, people need to use a little bit of common sense and see that the drawbacks far outweigh the benefits.
 
thehighking said:
No way, the fear mongering has a lot of good reasoning behind it. A cashless society takes more freedom away from people. It makes these dystopian authoritarian ideas not only possible but inevitable. Governments since the beginning of time have been prone to corruption, why would people think it's ok to give more power to the richest people in the world who influence governments? Terrible idea. The threat of a cashless society is huge, people need to use a little bit of common sense and see that the drawbacks far outweigh the benefits.
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We're already living in largely cashless society. Outside of crazy people and drug dealers, how many people have most of their assets in cash?
 
Fedorgasm said:
I'd be fine with it.

I just want to go to a store and pull shit off the shelf and walk out and their sensors can read the chip in my brain and deduct it all from my account.

I'd never have to wait in line again
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That sounds fucking sweet.
 
Totally for it. I hate when I'm standing in line and some asshole holds everyone up by paying with cash. Asshole. Only poor people and Karens carry cash anyways.

I used to work in restaurants and people paying in cash was one of the biggest signs you knew someone was gonna try to pull some shit, or scam you for free food, or pay with like 10 different coupons.
 
Cubo de Sangre said:
Against it. In the future cigs and ammo will be the new mediums of exchange.
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I took care of all my Christmas shopping offloading some ammo. It's funny how you can sniff out an upcoming sob story from someone, before the close of the transaction. I enjoy the crabby bastards. "I know what you paid for this."
 
Lol at Fiat currencies........

If you think about it that shit hasn't had a physical backing since back in the day (Nixon), it's just a governments word now on a piece of paper....... And that government can print as much as they like.
 
Against, and so should everyone else.

Fisrt steps towards Socialism/Communism

Without cash, governments would and could track down everything you purchase. Might as well shove a leash up your ass! Less freedoms everyday
 
Cash will be around until weed is legal at the federal level and banks start doing business with those proprietors. Can't buy weed with a debit or credit card!
 
Lmaooo @ E-money

These fools dont really know about Y2K OR EDDIE ALVAREZ do they?
 
I'm pretty much there already. I have 40$ cash sitting in my wallet. It's been there since March. Prior to that, I don't remember the last time I had cash on me. Probably when I was in Mexico on vacation at this time last year for tipping the servers.

Unless you pay in strictly cash, and don't have:

A credit card
Debit card
Rewards point card like Airmiles, Aeroplan etc

they already know where your money is going, and purchases are taking place. Having the abity to take out physical cash does nothing to 'protect' you.
 
Against.

This is a scheme to further erode our privacy, which also exposes us to increasing hacking and data breaches, possible technological problems impacting access to our wealth, and increases the transfer of our wealth to banks through fees.
 
considering big chunk of my nation evade taxes and i'm not in that lucky bunch, fuck it, go cashless
 
You guys need to read more........lol at this thread........ Biggest load of BS....... fucking slaves
 
You need to understand that cash as in Fiat currencies have been manipulated into this BS situation that we are in.........we are currently at a turning point in regarding cryptocurrencies the old powers are trying to turn this back
 
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