Cashless society

[BimboBob]

I do building work & buy & sell stuff on antique fairs & its a long time before either of those two things go cashless.

Do you do driveways?

 

[gloryhuntersince85]

at least cash will still work in the event of digital world crashing

 

[stonerblue]

The small business is hammered by bank charges for contactless payments. There are still things you can buy in shops under a quid. Shops lose money on these sales if cash is not used.

Can also be hammered by the banks for getting change and business account fees.
I take both cash and card. I like the card way for easy tax returns and big jobs I do for other businesses.
I like cash because cos it's more 'private and I like a small wad for emergencies

 

[grunge]

at least cash will still work in the event of digital world crashing

Only if the Bank backing it is still around if that happens... Cash is only worth more than the paper its printed on because of banks backing it.

 

[NorthamptonBlue]

Keep seeing leaflets about the dangers of a cashless society. Will it be that bad if we go totally digital?

Depends if your dealer takes Visa.

 

[mexico1970]

Cash for all the smaller buys digital for everything else. Imagine what would happen if a glitch in the matrix cleared everyones account ;)

 

[blueparrot]

Cash for all the smaller buys digital for everything else. Imagine what would happen if a glitch in the matrix cleared everyones account ;)

I'd be better off :)

 

[Blue warrior]

Tax man benefits from anyone trying to evade them. No more mates rates foreigner’s jobs!

 

[blueparrot]

Tax man benefits from anyone trying to evade them. No more mates rates foreigner’s jobs!

That's a good thing then.

 

[mexico1970]

Tax man benefits from anyone trying to evade them. No more mates rates foreigner’s jobs!

Man will always find a way, the barter system would thrive and grow exponentially, governments might actually lose out in the long run.