General Discussion

zappaman

(20,627 posts)

26. We need to get all the cash in a pile and burn it!

Sun Apr 6, 2014, 11:36 AM

Apr 2014

I volunteer to start collecting it.
Can I count on you giving me yours so I can properly dispose of it?
No charge of course.

Click here to purchase valentine hearts!

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A cashless economy leads to a safer society [View all] Nye Bevan Apr 2014 OP

A cashless economy empowers the big banks even more. House of Roberts Apr 2014 #1

Doesn't need to be strictly cash. Lucky Luciano Apr 2014 #7

The problem with a cashless economy is that it can get hacked Warpy Apr 2014 #2

People carry less cash, but more value Sen. Walter Sobchak Apr 2014 #3

The risk vs reward ratio needs to be changed seveneyes Apr 2014 #20

It's odd how a crime that as recently as the sixties could carry the death penalty Sen. Walter Sobchak Apr 2014 #35

Do smart phones have any value if they are stolen? delta17 Apr 2014 #28

In most instances change the SIM card and away you go Sen. Walter Sobchak Apr 2014 #33

Every single purchase can be tracked in a cashless society DJ13 Apr 2014 #4

As well as location, employment, history, and yes, medical. Skip Intro Apr 2014 #12

Its based on a 1% class-warrior's redefinition of "crime" cprise Apr 2014 #14

Post removed Post removed Apr 2014 #5

I'm worried about that too.... n/t Victor_c3 Apr 2014 #15

Bitcoin would be a panacea then, right? lumberjack_jeff Apr 2014 #6

No: bitcoin's supply is determined by algorithm rather than policy Recursion Apr 2014 #9

Given that it's a global currency - all governments would be subject to it. TampaAnimusVortex Apr 2014 #21

Then the entire world becomes the Eurozone Recursion Apr 2014 #23

Yes, generally freedom/anonymity and security can be traded for one another... (nt) Recursion Apr 2014 #8

+1 nt lumberjack_jeff Apr 2014 #10

Talk about total control. n/t Skip Intro Apr 2014 #11

It has been my observation that those SheilaT Apr 2014 #13

I often use my debit card, but I keep close track of what I'm spending. Louisiana1976 Apr 2014 #29

At 40 bucks a pop for overdrafts... SomethingFishy Apr 2014 #30

Once someone has been badly burned by the overdraft charges SheilaT Apr 2014 #31

And a cash economy is an anonymous economy, which is why Big Brother hates cash. bemildred Apr 2014 #16

"Criminals’ need for cash motivates much predatory street crime." Indeed----WALL STREET. WinkyDink Apr 2014 #17

how would politicians hide their bribes? hobbit709 Apr 2014 #18

Oh NOES! 99Forever Apr 2014 #19

They actually were protected. former9thward Apr 2014 #34

What happens when your cash is stolen? NYC Liberal Apr 2014 #36

MPesa in Kenya has changed everything... you carry your cash through a phone connected wallet JCMach1 Apr 2014 #22

My wife's grandparents lived through the depression. She was raised with the belief of not trusting diabeticman Apr 2014 #27

In Kenya, you would just MPESA (like a text message) the payment to the company JCMach1 Apr 2014 #38

less privacy Liberal_in_LA Apr 2014 #24

Crime aside... pipi_k Apr 2014 #25

We need to get all the cash in a pile and burn it! zappaman Apr 2014 #26

I never carry cash. I have $1 in my wallet. RebelOne Apr 2014 #32

I very, very rarely use cash. NYC Liberal Apr 2014 #37