Cashless society

The best thing about this site is getting a glimpse of how different the world is to different posters.
I love my simple life, reading the last few pages makes me appreciate it even more :-)
 
BlueTG said:
What? Like they already don’t know what they want to know through your phone, passport, driving licence, internet browsers and so on. Is them knowing you paid £4.50 for a Tesco meal deal the real deal breaker here?

Genuinely intrigued.
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But who are THEY ? I hear this said a lot.
 
Bill Walker said:
Can't decide if your serious..
Tradies here live in huge homes and mostly drive massive new 80k Pick up trucks and have boats and 2nd cars like Porsches. I know a few from the footie club, one lad who's 26 just bought a house for a million bucks. Big mortgage but he put 200k cash of his own into it.

Most tradies in the building industry earn between 100 to 250k a year and claim for everything against tax. I often say to my wife, I wish I'd been a plumber or sparkie etc...Seriously if you have a construction trade come to Australia !

A new report has revealed Melbourne tradies are pocketing a whopping average hourly wage of $124, making them the seventh highest paid construction workers in the entire world. This means the average Melbourne construction worker would make $243,000 a year if they worked a regular 38 hour week.
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Tradies in aus are very different to here. They earn a small fortune as you said. Not here though so cant compare
 
Bill Walker said:
True or false ? :)

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Ill try n dig the report i read out but the % of online fraud is humongous now and is one of the biggest and most time consuming crimes today.

I deal in cash and the instant accusation from people like you is that i rob the lot and pay no tax ….
Nigh on impossible. Most things i buy, all of my overheads, its all on line . Plus traders like me spend huge amounts of tax on buying materials etc
So it has to be banked

Is it the biggest crime in the world to pocket £30 cash on a friday and go buy a curry as a treat? Money is still in the system and im paying tax on the curry, the curry house pays tax on the ingredients he buys, on the heating and lighting and rent.
 
tony coleman said:
But who are THEY ? I hear this said a lot.
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‘They’ are social media companies selling our data to political parties.

Meta, who run Facebook, Instagram and now Threads, take all of this information about us and sell it:

IMG_3842.jpeg
 
ctidcarl said:
Worst thing that happened was contact payments in pubs.

When I used to hand over a £20 note, I knew the value of that.......now all this tap tap tap malarkey, it's too easy to spend money
Also, in a pub, when they say "5.60" or whatever, how many of us actually check the amount on the card thing??

Oh yeah - and with ATM's disappearing from the high street, what also gets on my tits are these cash machines in corner shops etc that charge me £2.75 (or whatever) to draw some money out
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It's a good point about pubs. I mentioned the tram ripping me off but at least I got my money back. You can't ring the Dog and Duck 4 days later and say you've been overcharged.
 
bluethrunthru said:
No - next conspiracy theory please.....................
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@bluethrunthru you say that but think of it this way. My mam is 88. She can't do online banking. She is just too old. One day you will be 88 and unable to cope with modern life, what will you do ?
It's not a conspiracy theory.
She got an appointment letter for the hospital. Without any explanation on the letter, she was meant to know to scan the QR code onto her mobile phone (that she hasn't got) to get the directions to the ward.
I'm 65 and I was with her and didn't know that either. It's different to what we are discussing but it's the same point. Take cash away and a lot of people are fucked.
Small traders will be forced out of business for one.
 
Bluesince1979 said:
Its ok people saying “its ok i do nothing wrong so ive nothing to hide or worry about” but do you want the powers that be following your every move

I dont
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Doesn't bother me tbh.
Why would any fucker want to follow my every move ffs.
They'd soon get bored :)

I've not carried cash for years. No idea why people do. If a shop only deals in cash I'll go to a different one.
I get my cc statement every month, I can see every cent I've spent and where.

It also tells me how many airmiles I've earned.
I pay off the balance before any interest is added.

Why would I ever go back to cash ? Id probably lose it somewhere:)
 
Bluesince1979 said:
Its ok people saying “its ok i do nothing wrong so ive nothing to hide or worry about” but do you want the powers that be following your every move

I dont
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Plus, even if you are goody two shoes, when they, the government, tax etc get it wrong you are fucked.
Debra Adeji was declared bankrupt in 2020 by the Inland Revenue. They were wrong. It took 3 years and a court hearing to sort the matter out. HMRC lied to the judge, (he stated the witness was being disingenuous)
She was simply an employee of a company but they decided they were right and she hadn't paid tax.
If you are bankrupt you will struggle for a mortgage, bank account and even a job.

But yeh, let them have access to everything. Let the banks and the government run our lives.
 
gloryhuntersince85 said:
at least cash will still work in the event of digital world crashing
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I think ‘cash’ would be far down the list of human immediate issues if the digital world crashed:
Water supply
Food supply
Energy supply
Sewage disposal
Civil disorder
Mass death

Unless you live in an isolated area, off grid, with your own water supply, have storage for years of food and ability to grow your own, and have the capability to really defend your belongings… I’d say most of us in the UK would be dead in 2 months, if a worldwide digital collapse happened.

A major collapse would occur if someone managed to take offline the various GPS satellite systems.
 
awest said:
Keep seeing leaflets about the dangers of a cashless society. Will it be that bad if we go totally digital?
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what I do know is the banks will be all for it. Just consider a second the cost of maintaining a cash infrastructure: cost of maintaining cash in circulation + reserves with Bank of England, cost of replacing old worn out notes (less since they went polymer), cost of security in Bank Branches, cost of cash centres who clean the notes and redistribute (they can either be owned by the banks or outsourced), the cost of the ATM fleet - capital and maintenance, the cost of transportation of cash to and from the network (our old pals G4S and others) and ATM fleet, cost of insurance, cost of processing customer cash....
Its not like if the amount in circulation reduces by 25% the cost of the infrastructure also reduces by similar amount either. You have to maintain the infrastructure until the last notes are withdrawn. With Banks and Supermarkets for a cashless society, that is a pretty powerful lobby.

Whilst electronic crime might be greater in value than cash crime (I honestly dont know) cash crime is at the dirty end of the scale, drugs especially, slavery, prostitution not to mention armed robbery. Being in a bank branch that has been raided is not fun. A cashless society would not eliminate all these crimes but it would help reduce them.

It will happen. Maybe not 5 years from now but in many of our lifetimes it will happen. Most folk will adjust fairly easily.
 
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