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Donkeyman
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Donkeyman is offline
Melton,United Kingdom
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06-05-2019, 10:49 PM
21

Re: Are we being manipulated (forced) into a cashless society?

Originally Posted by Besoeker ->
What's the difference - as you see it?
The difference as l see it, Besoeker, is that there will be
NO cash at all eventually, to draw!

Regards Donkeyman!
spitfire
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06-05-2019, 10:52 PM
22

Re: Are we being manipulated (forced) into a cashless society?

Can't envisage a time when old folks won't need a Tenner.
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Ray Cathode
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Scotland, UK (but not EU)
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06-05-2019, 11:25 PM
23

Re: Are we being manipulated (forced) into a cashless society?

They're going to live forever? I'd give it 10 years.
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07-05-2019, 05:01 AM
24

Re: Are we being manipulated (forced) into a cashless society?

I don't have a problem with going cashless, but I do think there are some inherent risks of doing so. Bringing down economies that are wholly operating in cyberspace will be the weaponry of the future.

Having a little cash is always a good idea, but it has been made obsolete too (as you all well know) or drastically weakened because of hyperinflation, so there is something to be said about the importance of holding concrete assets - land, metal, etc. - as we move towards becoming cashless. The problem with land is that it tends to be hard to hide, and you can't carry it with you.

A friend of mine who is a bank vice president says that there will be no branch banks in less than a generation.
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Silver Tabby
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God's own county!
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07-05-2019, 06:05 AM
25

Re: Are we being manipulated (forced) into a cashless society?

Originally Posted by Besoeker ->
What's the difference - as you see it?
1) I prefer to use cash - I feel more in control. I know exactly how much is in my purse before I begin shopping, I keep my receipts and balance the books when I reach home. Clean slate ready for the next day. This is a recently acquired regime - and it works very well.

I am - was - not the world's greatest at managing money and found that just using a debit card to pay for things it was too easy to lose track.

2) I refuse to be forced into doing things - which is what is happening with banking at the moment. In the days when cash was the only option banks were safe. In comes 'technology' and - Oh look - my account has been hacked twice in 12 months. When they make things more secure I may reconsider. For now I will 'do it my way'.

3) I quite like being a Dinosaur.
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07-05-2019, 06:51 AM
26

Re: Are we being manipulated (forced) into a cashless society?

We can all see where its heading, spose we'll just have to accept it, don't mean you've got to be Appy about it though.
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The Artful Todger
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07-05-2019, 09:15 AM
27

Re: Are we being manipulated (forced) into a cashless society?

There will always be gold.
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Baz46
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Somewhere rural 'out in the sticks', UK
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07-05-2019, 11:29 AM
28

Re: Are we being manipulated (forced) into a cashless society?

Originally Posted by The Artful Todger ->
There will always be gold.
Not necessarily in the UK though, as a certain politician some 10 years' ago thought otherwise:

https://www.telegraph.co.uk/news/pol...-5billion.html
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Besoeker
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Doncaster, UK
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07-05-2019, 12:04 PM
29

Re: Are we being manipulated (forced) into a cashless society?

Originally Posted by OldGreyFox ->

How come if the country belongs to its inhabitants things seem to happen under our noses that nobody wants - Driverless Vehicles, Cashless societies,
On what basis do assert that nobody wants these?
spitfire
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07-05-2019, 12:08 PM
30

Re: Are we being manipulated (forced) into a cashless society?

Some folks don't but its commin anyway.
 
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