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swimfeeders
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Shropshire
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03-07-2020, 06:08 PM
51

Re: Abolition of Cash

Hi

Cash is important here.

Many smallholders with Honesty Boxes.
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caricature
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Devon,England.
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05-07-2020, 09:27 AM
52

Re: Abolition of Cash

Bought some veg at the local market,they accepted credit card,I'm wondering if this isn't the way it'll all go,and then in the fullness of time a sneaky transaction tax added later by the banks.
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OldGreyFox
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South Yorkshire
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05-07-2020, 11:44 AM
53

Re: Abolition of Cash

Originally Posted by caricature ->
Bought some veg at the local market,they accepted credit card,I'm wondering if this isn't the way it'll all go,and then in the fullness of time a sneaky transaction tax added later by the banks.
You could put your pension on it Caricature. The first step is to remove all of the ATM's. And while we're on the subject of ATM's; Last night some pikeys drove a stolen tractor into the local co-op and made off with the cash machine...
Trouble is, the shop was new and only opened on Friday....
Welcome to the village co-op....
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Bruce
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Wollongong, Australia
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05-07-2020, 01:13 PM
54

Re: Abolition of Cash

Of course a cashless society would mean that negative interest rates would actually have some meaning.
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caricature
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Devon,England.
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05-07-2020, 01:21 PM
55

Re: Abolition of Cash

Originally Posted by OldGreyFox ->
You could put your pension on it Caricature. The first step is to remove all of the ATM's. And while we're on the subject of ATM's; Last night some pikeys drove a stolen tractor into the local co-op and made off with the cash machine...
Trouble is, the shop was new and only opened on Friday....
Welcome to the village co-op....
How else they gonna get their cash.
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Emjay
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London UK
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05-07-2020, 02:14 PM
56

Re: Abolition of Cash

Originally Posted by caricature ->
How else they gonna get their cash.
By clearing people’s rubbish and then fly tipping it.
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caricature
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Devon,England.
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07-07-2020, 08:44 AM
57

Re: Abolition of Cash

Originally Posted by Emjay ->
By clearing people’s rubbish and then fly tipping it.
Oh I agree there will be always the black economy, but it'll become even scarcer (cash that is) as time progress's.
monkeypuzzle
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United Kingdom
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19-07-2020, 02:31 PM
58

Re: Abolition of Cash

I usually pay using my debit card, but after finding a stack of old £20 notes the other week in one of the drawers we were clearing out, I am using them when I do my supermarket shopping before they become obsolete.
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South Yorkshire
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20-07-2020, 06:55 AM
59

Re: Abolition of Cash

Originally Posted by monkeypuzzle ->
I usually pay using my debit card, but after finding a stack of old £20 notes the other week in one of the drawers we were clearing out, I am using them when I do my supermarket shopping before they become obsolete.
Does anyone know when the old paper ones will be taken out of circulation?
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Baz46
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Somewhere rural 'out in the sticks', UK
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20-07-2020, 07:47 AM
60

Re: Abolition of Cash

Originally Posted by OldGreyFox ->
Does anyone know when the old paper ones will be taken out of circulation?
From the link shown below:

"Exchanging old notes

On 20 February 2020 we issued a new polymer £20 note.

You will still be able to use the paper £20 note until we withdraw it from circulation. We will announce the withdrawal date after we have issued our new polymer £20 note. We will give six months’ notice of this withdrawal date.

Many banks will accept withdrawn notes as deposits from customers. The Post Office may also accept withdrawn notes as a deposit into any bank account you can access at the Post Office. And, you can always exchange withdrawn notes with us."


https://www.bankofengland.co.uk/banknotes/20-pound-note
 
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