14 ms·

Cash is just a bartering medium. You can barter using stolen valuables. Cashless won't stop poverty and desperation. People will adapt and we'll see a shift in

• theamk 8y ago
  But much fewer places have valuables compared to cash. Most of the food and service places have nothing worth stealing -- but often carry lots of cash. (or at least used to, some of them since moved to credit-card only [1]) There are other crime-reducing forces as well -- smart car keys which are harder to steal, activation lock on the phones which prevent reselling, and so on. I do wonder how crime would adopt to future cashless society. I think most of the mugging and pickpocketing will go away. Will this mean increase of burglary? Or will the criminals start doing something else? [1] https://www.cloverfoodlab.com/2015/04/23/credit-trucks/ https://www.cloverfoodlab.com/2015/04/23/credit-trucks/