A cashless society - peer to peer payments?

agent69

I normally use cash as I find it easier to monitor my spending. However, since the first lockdown I have spent £42 in cash:

• 2 x £10 on mobile hairdresser
• 2 x £10 to the chinese takeaway (they only take card for orders > £15)
• 2 x £1 for car parking

I could quite easily have survived since March without spending any cash. However, cash abolished within 10 years? Dream on.

[Deleted User]

Type_45 said:

eskbanker said:

Type_45 said:

Apodemus said:

I had to use cash in the village shop on Sunday because their card-reader was playing-up.  On checking, I see that this was the first time I had used a bank-note since early May last year.  As far as I can see, the move to a cashless society is a bottom-up thing, not a nasty conspiracy from above!     

Then you aren't paying attention.

Go on then, let's play along for a bit more: who specifically has prevented you from using cash when you've wanted to, and under whose orders have they done so?

You're not "playing along". You're creating a strawman.

You're trying to avoid burden of proof. Provide proof that there is a conspiracy by the government to eliminate cash to allow tracking of who pays what to whom (as you claimed).

Mickey666

Type_45 said:

AlanP_2 said:

Same way many of us do now - card / contactless and/or bank transfer and/or one of the phone pay systems

All of which carry fees (or can be made to) and are traceable.

If I give you £10 for washing my car it is between us and cannot be interfered with or monitored.

Even if cash does disappear (which I doubt ,in our lifetimes anyway) there's nothing to stop bartering.  Instead of giving me a tenner to wash your car maybe you would mow my lawn?  Maybe an electrician re-wires a plumber's house and the plumber installs a new heating system for the electrician - basically just bartering their time.  How is that going to be traceable?

Type_45

Mickey666 said:

Type_45 said:

AlanP_2 said:

Same way many of us do now - card / contactless and/or bank transfer and/or one of the phone pay systems

All of which carry fees (or can be made to) and are traceable.

If I give you £10 for washing my car it is between us and cannot be interfered with or monitored.

Even if cash does disappear (which I doubt ,in our lifetimes anyway) there's nothing to stop bartering.  Instead of giving me a tenner to wash your car maybe you would mow my lawn?  Maybe an electrician re-wires a plumber's house and the plumber installs a new heating system for the electrician - basically just bartering their time.  How is that going to be traceable?

Yes, that is certainly one way of doing it.

In Kenya, I hear, they pay eachother with mobile phone minutes.

We need to establish these peer to peer payments because the end of cash will cause problems for millions of people.

Type_45

Linton said:

Apodemus said:

I had to use cash in the village shop on Sunday because their card-reader was playing-up.  On checking, I see that this was the first time I had used a bank-note since early May last year.  As far as I can see, the move to a cashless society is a bottom-up thing, not a nasty conspiracy from above!     

Agree 100%.  I use a debit card or BACs for all my expenditure if I can, and when I can't I use notes.  It avoids the need to carry coins except for a small bag of "car park tokens" kept in the car.  Any coins I get in change go immediately into the charity box.

This makes my finances much easier to monitor and control as I can directly download my bank statement into MsMoney and automatically get a categorised list of all expenditure.

👆 Missed the point entirely.

Type_45

eskbanker said:

Type_45 said:

eskbanker said:

Type_45 said:

Apodemus said:

I had to use cash in the village shop on Sunday because their card-reader was playing-up.  On checking, I see that this was the first time I had used a bank-note since early May last year.  As far as I can see, the move to a cashless society is a bottom-up thing, not a nasty conspiracy from above!     

Then you aren't paying attention.

Go on then, let's play along for a bit more: who specifically has prevented you from using cash when you've wanted to, and under whose orders have they done so?

You're not "playing along". You're creating a strawman.

No I'm not, I'm just expecting you to provide some sort of supporting evidence that demonstrably reducing cash usage is caused by some sort of diktat from above rather than lower demand, if you're rejecting the proposition that lower cash usage is being driven bottom-up, i.e. people choosing not to use it.

I'm not going to collate links and do leg work because I know how what your response will be. 

BIS, BoE, Visa, MasterCard, PayPal, etc all have a massive vested interest in abolishing cash.

Cash is popular with the people. The people get NOTHING out of cash being abolished. The aforementioned companies get money and power out of it.

If you can't see that then I can't help you.

csgohan4

Type_45 said:

eskbanker said:

Type_45 said:

eskbanker said:

Type_45 said:

Apodemus said:

I had to use cash in the village shop on Sunday because their card-reader was playing-up.  On checking, I see that this was the first time I had used a bank-note since early May last year.  As far as I can see, the move to a cashless society is a bottom-up thing, not a nasty conspiracy from above!     

Then you aren't paying attention.

Go on then, let's play along for a bit more: who specifically has prevented you from using cash when you've wanted to, and under whose orders have they done so?

You're not "playing along". You're creating a strawman.

No I'm not, I'm just expecting you to provide some sort of supporting evidence that demonstrably reducing cash usage is caused by some sort of diktat from above rather than lower demand, if you're rejecting the proposition that lower cash usage is being driven bottom-up, i.e. people choosing not to use it.

I'm not going to collate links and do leg work because I know how what your response will be. 

BIS, BoE, Visa, MasterCard, PayPal, etc all have a massive vested interest in abolishing cash.

Cash is popular with the people. The people get NOTHING out of cash being abolished. The aforementioned companies get money and power out of it.

If you can't see that then I can't help you.

Don't feed the .... just saying....

Prism

Type_45 said:

Cash is popular with the people. The people get NOTHING out of cash being abolished. The aforementioned companies get money and power out of it.

If you can't see that then I can't help you.

You say that cash is popular with the people but I have seen nobody yet on this thread agreeing with you and I personally know nobody that cares much about cash. I myself wouldn't care less if cash was abolished and would be happy to use the technology already in place to transact. 

You are correct that this is all likely to happen. Other countries like China are cash free in a number of sectors.

Type_45

csgohan4 said:

Type_45 said:

eskbanker said:

Type_45 said:

eskbanker said:

Type_45 said:

Apodemus said:

I had to use cash in the village shop on Sunday because their card-reader was playing-up.  On checking, I see that this was the first time I had used a bank-note since early May last year.  As far as I can see, the move to a cashless society is a bottom-up thing, not a nasty conspiracy from above!     

Then you aren't paying attention.

Go on then, let's play along for a bit more: who specifically has prevented you from using cash when you've wanted to, and under whose orders have they done so?

You're not "playing along". You're creating a strawman.

No I'm not, I'm just expecting you to provide some sort of supporting evidence that demonstrably reducing cash usage is caused by some sort of diktat from above rather than lower demand, if you're rejecting the proposition that lower cash usage is being driven bottom-up, i.e. people choosing not to use it.

I'm not going to collate links and do leg work because I know how what your response will be. 

BIS, BoE, Visa, MasterCard, PayPal, etc all have a massive vested interest in abolishing cash.

Cash is popular with the people. The people get NOTHING out of cash being abolished. The aforementioned companies get money and power out of it.

If you can't see that then I can't help you.

Don't feed the .... just saying....

I'm trying not to. 

Type_45

Prism said:

Type_45 said:

Cash is popular with the people. The people get NOTHING out of cash being abolished. The aforementioned companies get money and power out of it.

If you can't see that then I can't help you.

You say that cash is popular with the people but I have seen nobody yet on this thread agreeing with you and I personally know nobody that cares much about cash. I myself wouldn't care less if cash was abolished and would be happy to use the technology already in place to transact. 

You are correct that this is all likely to happen. Other countries like China are cash free in a number of sectors.

Yes, let's just copy China. What can go wrong.

The entire point of this thread is that a cashless society would limit freedoms and someone pipes up with "China are doing it, so it's fine!"

That's my point proven. Game, set and match.

I give up. I really do.