cashless society

[Wilts#Dave]

3 minutes ago, Scully said:

All the Turkish barbers in town deal in cash only, as do the local Chinese takeaways, and the local Turkish car wash depots. 🙂

They don’t exactly hide it to be fair, it’s almost advertising tax dodging with those hand written signs saying ‘cash only’ 😂
 

[Lloyd90]

1 hour ago, Keith RW said:

Do your homework and you'll see that credit cards introduced back in the 50's and have increased consumer debt and helped to seriously damage economies, hardly nonsense if you study the facts

That’s not what you said was it. 
 

You said “Call me old school but before all this "fantastic on the plastic" "buy now pay later" baloney,  if you couldn't afford it cash, you couldn't afford it...simple as that”. 
 

Which is nonsense, people have been taking loans and credit since the invention of money. 
 

Shakespeare’s the merchant of Venice is about a man taking a payday loan after all … dates to the 1600’s 🤣🤣🤣

18 minutes ago, Scully said:

All the Turkish barbers in town deal in cash only, as do the local Chinese takeaways, and the local Turkish car wash depots. 🙂

That’s cos they using it to filter drug money through, not avoid their taxes!! 🤣🤣

10 minutes ago, Wilts#Dave said:

They don’t exactly hide it to be fair, it’s almost advertising tax dodging with those hand written signs saying ‘cash only’ 😂
 

I bet if investigated their books show hefty tax paid 👀👀

[Scully]

15 minutes ago, Wilts#Dave said:

They don’t exactly hide it to be fair, it’s almost advertising tax dodging with those hand written signs saying ‘cash only’ 😂
 

🙂 Quite! One of the car washes locally has a sign stating ‘all profits on Sundays will go to charity’, which raises two questions; Who knows at what point they’ve made a profit, and if it’s all cash only isn’t it ALL profit! 😀

 

[Dave at kelton]

1 hour ago, Lloyd90 said:

What nonsense. 
 

Before credit cards and buy now pay later deals people had loans, short term payday loans, bank loans and whatever else, formal and informal. 
 

My great uncle told me many stories of his time travelling the World on the QE2, during the past well over half the tradesmen he worked with would be taking payday loans informally from their employer and all sorts to drink and gamble away. 
 

 

Exactly where “pop goes the weasel” came from I recall,  it’s been the case for centuries!

[zipdog]

Thing is, like it or not, trading in cash is a massive inconvenience to most people. Iv already told this forum what they should be supporting if they want to buy things without relying on their bank to approve every transaction. Give you a clue it starts with a B also.

[shaun4860]

My butcher prefers cash as he gets it straight away.

The debit cards take longer to process and they pay a fee.

If you want to pay using a debit card he will happily accept.

[nobbyathome]

I can understand the comments about tax etc but today this shop and it is an expensive high street cake and chocolate shop turned away over £240 through their actions of not taking cash I understand it’s there way of trading but they didn’t trade with me I went elsewhere  good business sense eh 

[Acerforestry]

As the OP said above the thread is primarily about the refusual of taking a legal tender payment- this in part is due to the nonsense propagated by our government that paper money was capable of carrying disease / viruses and hence "for our own good" we needed to phase it out. Anyone thinking that that having all transactions trackable will be a good thing needs to think again, we are with gaining momentum heading toward a future where the UK will just be a condensed version of China. I really can't see how that's going to be good for anyone, apart from the people at the very top

Edited April 4, 2023 by Acerforestry

[button]

32 minutes ago, Acerforestry said:

As the OP said above the thread is primarily about the refusual of taking a legal tender payment- this in part is due to the nonsense propagated by our government that paper money was capable of carrying disease / viruses and hence "for our own good" we needed to phase it out. Anyone thinking that that having all transactions trackable will be a good thing needs to think again, we are with gaining momentum heading toward a future where the UK will just be a condensed version of China. I really can't see how that's going to be good for anyone, apart from the people at the very top

Some may be believe that's the case about notes carrying disease however it can be alot simpler than that, banking! There you go, most banks are iro 70p/£100 as well as the time of someone to go pay in and possibly fuel, that is assuming they are with a bank that has a branch network or arrangements in place to pay in elsewhere,  less cash on premises improves insurable risk and staff safety to name a few

While conspiracy theories are easy to assume sometimes the truth is alot simpler and logical

[ShootingEgg]

8 hours ago, shaun4860 said:

My butcher prefers cash as he gets it straight away.

The debit cards take longer to process and they pay a fee.

If you want to pay using a debit card he will happily accept.

He will be charged for CC and DC. one is a fixed amount the other is a % of the transaction. Or it used to be when I had the pub.

I recently went to centre parcs and all of there venues have gone cashless. They said that it makes cashing up a one button job. And means that there isn't stupid amounts of cash onsite all the time

[islandgun]

A lot of my business is cash, I pay it into our business account every week when I go to town. tax is assessed on all our income card and cash.  However I cannot see the point of 10,5,2,1 pence coins 

[McSpredder]

14 hours ago, Wymondley said:

Why do you all want to cling onto cash?

Cash can be used during a power cut.  

Cashless transactions seem to require an infallible power supply and infallible electronic communications.   No more “honesty box” stalls selling eggs and veg at the roadside.

Just over a year ago the villages round here had several days with no electricity and no mobile phone signals (no power to the masts), all because of some high wind speeds during Storm Arwen.   Power and communications infrastructure are also very vulnerable to deliberate attack, as Ukraine knows.

[Bigbob]

A lot of business here have signs stating cash only 

The local chippy takes cash and card but don't get a internet signal half the time so ask you to go to the cash machine next to tesco LOL 

When my son got his first job he didn't like banks so bought a safe and put his money in there every pay day when he bought his first  car they wanted a bank transfer so he took his money to the bank to deposit it and the questions he was asked where shocking 

When all the food outlets at work went cashless i complained to the head chef his reply ," you can **ck off i have to check it and count it at the end of the day i want home this cashless is far better " this from a guy putting in 80/90 hours a week 

[Keith RW]

Lloyd90, I don't deny that people in all societies have borrowed in some way shape or form since time immemorial and in actual fact that in itself forms part of those societies and always will, but the point that I was attempting to make is that it is only since the advent of the 1950's Credit system and the way in which the masses have been given access to untold amounts of financial loans with extreme interest rates allows them to get into severe debt quite easily is where it all started going downhill.

Generations gone by, myself included, most folk lived on what they earned and not beyond their means, whilst a cashless society  may well streamline business and accounting etc. on the other side of the coin and for those with little or no self control or that are unable to manage their own financial circumstances, then continued access to endless credit and increased debts will continue to be an uncomfortable position for quite a lot of society as they are borrowing and spending far far more than ever has been readily available on tap before.

We are told that we have a "severe cost of living crisis", what we actually also have is a "severe cost of debt crisis" that has been going on for years and is compounding the issue due to people living beyond their means and now suffering a double whammy trying to keep their heads above water not only to meet the day today increased cost of living but also struggling to meet paying off the cost of incurred debt.

[Vince Green]

It's coming very quickly now. Most of the self service tills in our local supermarket are card only and we had a meal at Prezzo in Clarke's  Village in Somerset yesterday and that was card only . The car park was card only too

I very rarely carry cash these days

It started out witn cheques not cash. At one time the banks would let you pay in as many cheques as you liked. Then they started charging 5p a cheque, then 20p, then 50p.

There is no bank in our town to pay cash into now. We went from Lloyd's to HBSA and then to Santander as the branches gradually closed but Santander went as well

The prospect of lugging large amounts of cash around to the next town to pay it in is not realistic. Especially as you probably have to park miles away

 

Edited April 4, 2023 by Vince Green

[islandgun]

27 minutes ago, McSpredder said:

Cash can be used during a power cut.  

Cashless transactions seem to require an infallible power supply and infallible electronic communications.   No more “honesty box” stalls selling eggs and veg at the roadside.

Just over a year ago the villages round here had several days with no electricity and no mobile phone signals (no power to the masts), all because of some high wind speeds during Storm Arwen.   Power and communications infrastructure are also very vulnerable to deliberate attack, as Ukraine knows.

Exactly. 

[oldypigeonpopper]

Hello, just think what would happen if all these businesses went cashless and there was a power cut 🤔

[Keith RW]

5 minutes ago, oldypigeonpopper said:

Hello, just think what would happen if all these businesses went cashless and there was a power cut 🤔

Back to ye goode olde days of barter if it lasted longer that supplies 😉

[welsh1]

In my old job i used to deal with very large amonts of cash, the bank was a mile from my house, that closed, the next bank was 3 miles from my house, then that closed the nearest was then 12 miles from my house, what a pain to bank lots of cash and each time i had to use another branch i had to go through the rigmarole of explaining to them i was allowed to cash a cheque with someone elses name on, and constantly be quizzed as to why i had £20,000 in cash (amounts may vary).
When the card machine was introduced to the company, people stuck their card in, i gave them a reciept, at the end of the week the office printed off a transaction log, life was so much easier.

[Vince Green]

42 minutes ago, oldypigeonpopper said:

Hello, just think what would happen if all these businesses went cashless and there was a power cut 🤔

Electric tills and bar code readers mean during a power cut cash won't work either.

Besides, insurance public liability, heath and safety, fire regs etc probably means that shops and businesses wouldn't be able to allow the public into the building when the power is off

Edited April 4, 2023 by Vince Green

[islandgun]

1 hour ago, welsh1 said:

In my old job i used to deal with very large amonts of cash, the bank was a mile from my house, that closed, the next bank was 3 miles from my house, then that closed the nearest was then 12 miles from my house, what a pain to bank lots of cash and each time i had to use another branch i had to go through the rigmarole of explaining to them i was allowed to cash a cheque with someone elses name on, and constantly be quizzed as to why i had £20,000 in cash (amounts may vary).
When the card machine was introduced to the company, people stuck their card in, i gave them a reciept, at the end of the week the office printed off a transaction log, life was so much easier.

I cant tell you how annoyed i would be, if i had to pay £20.000 in cash into the bank every week..🥵

[243deer]

All this talk of power cuts and nothing working. I am glad to say that my local is cash only and has an old fashioned mechanical till. Even with a power cut the hand draw beer pumps will still work, the fire will still be burning, candles will provide light and beer will still be drunk. 

Where appropriate cashless is fine by me but I object to it being imposed that is just too Orwellian.

[McSpredder]

9 minutes ago, islandgun said:

I cant tell you how annoyed i would be, if i had to pay £20.000 in cash into the bank every week..🥵

Liberace said something similar.

[welsh1]

13 minutes ago, islandgun said:

I cant tell you how annoyed i would be, if i had to pay £20.000 in cash into the bank every week..🥵

Not my money i'm afraid.

[discobob]

An interesting link for you

https://www.gov.uk/government/consultations/the-digital-pound-a-new-form-of-money-for-households-and-businesses

The things that can be done by a digital currency can be scary - How would you feel if the money in your digital wallet had a life span on it - say a week, a month? what if the government wanted more money - fine - lets take everything over x pounds. What if a government\council etc. deem you to be not socially acceptable - and they block access to your digital wallet without informing you. This happens nowadays with bank accounts (has happened with a friend) without a by your leave....

This will also be tied directly to a social passport/carbon credit based system

Remember - it is people that make guns dangerous - and it is the government that will make computers dangerous 

Very dystopian but has a lot of relevant points