Banks don’t tend to do business with people without a fixed address. Cashless policies leave out the most vulnerable – criminality is not the issue. Ensuring that we don’t harm the least powerful in our society more than we already do should be a priority.
Are you saying these gentlemen are exploiting the cash loophole and moving shipping containers stuffed with $20 bills around the globe for their nefarious purposes?
Hypothetical post office ones do. Try to keep up.
You’re right: We should never reason about long-term concerns. That’s why we still live in the Age of Kings.
Feel free to petition NYC to repeal the law when those things come to fruition, then. But fucking over whole groups of people in advance of achieving the solutions to their problems is a dick move. Especially when you’ve only imaginarily solved two of the myriad problems that people have pointed out in this thread.
If $9.50 was below the store’s floor limit, the sale would go through even if the transaction couldn’t be authorised online.
Which doesn’t change the point that if it’s above the floor limit, and the network is down, bad things will happen if the purchase can’t be made with cash. Of course, a similar problem occurs with a cash-only business. Not everyone carries enough cash with them to make necessary purchases.
So you believe a private bank or credit card company should act as a gatekeeper for every single monetary transaction? Screw that. I should be able to pay my kids a weekly allowance or send them to grab a pastry from the local bakery without getting any of the major credit agencies involved.
Shouldn’t they have credit cards by three, so our corporate overlords have control over them by 5? You know, the proper order of society… /s
Cash is convenient, accessible, and useful, especially for personal transactions.
I have no idea why you mention this. It doesn’t hurt anyone if the cost of creating a dollar is even $5, especially if it’s already offset by the existence of a great proportion of digital currency, which apparently costs nothing to create.
So it costs more than a dollar to mint a dollar. This is an imaginary problem.
Wow. No.
Yeah but why? Cashless was supposed to be great and open up virtualized cows and bananas to poors, and I’m not sure it even did in Wuhan (Cowloon, New Territories, SZ, SG…) even buildingwise. But then we’re not really spraypainting our own batteries (as a battery production process to run fielded apps) while helping harvest mangoes…okay, something with smaller knives maybe… as a fam. thing.
In other news, the cash service grew a filthy cash auditing arm where the Fed. pretends to be in the US. If you can get your pennies past that, I guess you…even lift.
Unbanked is shorter than Overguaranteed Short Under US$8000.
When the zombie apocalypse arrives…
Poultry farm preppers finally have a day, following a week of sprinkling warmer eggs with enough salt or such to induce hydroencephaly and followed up with a very well thought out entertainment and necromancy reversing program, plus an amazing series of ‘molly can help you forget that’ clinics.
CASH IS A FUCKING DODGE.
No, seen the commercials, that was never one of the pickups or J.D. Power things as opposed to Business Cash Value. [Progress bar pops up: ‘Buying Farm…’ ‘Do not wait for this to complete. Go off.’] Please just detour through the Litecoin Recovery Lounge and wend back past ETH and/or CashApp or CashApp’s electrical costs which I think are on the EDGAR as STRIPE AWS E4 AND J4.
FLAMING HOLE IN THE SIDE OF CIVILIZATION.
Points him, people who brought 30 or more rosemary cuttings adapted to soil! You, sharing glances of your presold Agency, points technocholer. No idea how it relates to rest of (passim) other than to advise not losing your senses.
Libertarian
Hey, speak of the devil, bad leaders stick to that like I would rather they didn’t! Also creative solutions and regulatory agencies have absorbed a few hundred apps, but that’s still an antimatter sort of generation/propulsion. One kind of woke at a time until the word’s laundry works clean, I guess? Brookings woke, CSIR woke [gasps: ‘Aah, so far behind!’] KC STUDIO woke, RAND woke, Trudeau bringing seaweed snacks woke, iLuv woke…had that agency approved, heh heh.
That’s okay, my debt was less than $4000, and since a penny weighs 2.5g, and a metric tonne is 1000kg, I should be good.
Re: “unbanked”
There have been cases in other countries where the government canceled out their currency and made new currency and if you weren’t able to trade in then you were SOL. Also if you need a law to be able to buy pizza with cash you need the permission of government.
Cash is often the safest way to do business.
Yes, that’s why drug dealers love it so much.
Except that the serious drug dealers use BitCoin…
Big Pharma accept all the usual cards…
I’m curious to know your stance on the policy of many US law enforcement agencies to confiscate large amounts of citizens’ cash through civil forfeiture because they assume that anyone carrying large sums MUST be using it as part of a shady illegal transaction? Because your repeated rhetoric seems to indicate that you might be sympathetic to that idea.
Also, I’m genuinely curious to know how people in cashless societies pay their kids allowance. Do they get their kids bank cards or phones with Apple Pay at a very young age?
Does this mean I can pay for my rental car or send a FedEx with cash now?
Bank blanks?