Quote:
Originally Posted by dotti34
A completely cashless society would not work. For instance, during those dreadful bushfires in Australia all the ATMs were down and only people with actual CASH were able to purchase petrol to get them out of the area...those bits of plastic were absolutely useless. There's been a few times when the power has gone off and the people who have forsaken cash for card were left completely lost, you could say they were powerless (pardon the pun), same thing when ATMs have been 'down', especially out-of-hours. So for practical purposes alone it would be ridiculous to eliminate using cash.....
...and yes, if it wasn't beneficial for them the banks wouldn't be pushing the issue.
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You get lots of (mainly younger) folk who believe cash to be old hat and so 'last century' and don't seem to mind about their whole purchasing, travelling, medical history belonging to some credit company and by default in the near future to the Chinese Communist Party. We already get 'ads' targeting us based on viewing history - carrying on along the same vein they will end up making ALL decisions for us.