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Personally it's because I think a cashless state is "evil" in that now all spending is gatekept by someone - usually a government or large business. Plus track
by phil21 9y ago
Personally it's because I think a cashless state is "evil" in that now all spending is gatekept by someone - usually a government or large business. Plus tracking every dollar you spend is also problematic for me as well.
So I spend cash whenever possible simply to "vote" that I am willing to deal with a little more hassle in the name of freedom. I also don't like that some private party has effectively inserted themselves into the economy skimming 1.5% or whatever off the top of practically all consumer spending. It's only a cost savings if you literally do away with cash - and that's a dystopia I don't want to live in.
- wil421 9y agoWhat you just described can be applied to banks just like payment transaction companies. They both exist to make our lives easier and prevent us from having to hoard cash under our mattresses. They also provide a safe means of doing business. We live in a digital age and it’s only going to evolve faster. Money is nothing more than numbers in a system.
- pixl97 9y ago>Money is nothing more than numbers in a system. Heh, and someone would say that Facebook posts don't say much about you, but I bet really quickly how and where you spend money give a good profile of who you are.
- amorphid 9y agoIt's a money loser to not accept credit cards, too. I don't like carrying cash. I'm likely to skip a cash only restaurant even if I want to eat there because I want to charge purchase & I don't have cash.
- 1337biz 9y agoAs soon as you are offering some form of card payment somebody can calculate what % is usually in that kind of business transacted via credit cards, therefore knows how realistic the reported revenue is.