Cashless society

Gaz in Zurich said:
It's the CBDC's you have to worry about, not paying with your card like now. When the government can take financial privileges away for posting the wrong word on social media, saying the wrong thing in a call to parents, or sending the wrong photo to relatives, individuals self‐censor and exercise extreme caution. In this way, control over money can create a social chilling effect. I work for a bank in the IT dept and the amount of info they have about people, by mining your transactions is unreal. When the Govt have this info, they could impose limits on how you spend it.. Eat too many takeaways, they could limit you to once week, on the pretext of it's bad for your health. On the dole and smoke too much, they could impose a ration. Avoid it like the plague
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Yeah, the thing is tho, they largely do things like that on the basis of what voters fancy. Like 2 kid limit on child benefit. I mean. Take it out of the kids, keep them in hand me downs and cheap food, no outings. So they know they're less than other people. That'll have em raised into proper self-respecting citizens. Utter nonsense. But it appeals to people. It's virtue signalling of a sort.

But the thing is it comes from public opinion. Nearly all this stuff does. People say the government are the enemy. I say we are. And there's no way around it. Just hoping reasonableness prevails. But we aren't terribly reasonable, are we? All chewed up and paranoid. Jealous. Skewed. Angry. Prone to believing nonsense. Best intentions that are bound to go horribly wrong. Sure we know better, proudly defending our worst misconceptions more and more fiercly. It applies to every single one of us.
 
Bill Walker said:
I'd be shocked if that were true, it's illegal.

Even the bank wouldn't allow it.
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When you sign up to get a bank account it's in the terms and conditions that the account is only for the benefit of the named legal holder.

Correct.As you know, without prescribed legal documents such as a grant of power of attorney there isn't any other means to access a bank other than fraudulent or powers of law enforcement (usually requiring warrant or court order).
 
Mr Kobayashi said:
Nobody gets paid wages monthly.

If you get paid monthly it's a salary.

If you get paid wages, it's daily, weekly or fortnightly.
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Maybe I don’t fully understand the official definitions. But from what I think the difference is, I know loads of people who get paid a wage monthly. Or 4 weekly.
 
Stephen230 said:
Maybe I don’t fully understand the official definitions. But from what I think the difference is, I know loads of people who get paid a wage monthly. Or 4 weekly.
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That's presumably because of a measure brought in by their employer to cut the admin time and cost of paying wages at more regular intervals.

If they get a variable payment then it is wages.

If it's a fixed payment every month then it's salary.(excluding non-regular remuneration such as bonuses, overtime)

Generally employers paying wages have more casual terms and conditions of employment so it would be more common to pay more regularly than monthly.
 
I don't use cash , if I go anywhere and it's cash only I shop elsewhere. Just my personal preference . I see zero advantage in going to a bank or cash machine to get paper that I could lose & getting bits of metal to put in my pocket as change
 
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