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My point was that a larger and larger proportion of the things we buy we buy over the internet: it is something like 25% of all consumer purchasing now. Those t
by conradev 5y ago
My point was that a larger and larger proportion of the things we buy we buy over the internet: it is something like 25% of all consumer purchasing now. Those transactions are cashless.
Some types of goods you can only buy over the internet, like software, and this trend will only continue.
I think MoneyGram/Western Union are a great counterpoint, but while anonymous, I consider that more similar to cashless than cash: you have to input cash into a machine and… transmit it over the internet.
I also agree it is not a binary thing.
- sebow 5y agoI agree, the key point here is the dangers we potentially face if we forcefully remove cash as an option of payment.We should strive to at least keep it an option where possible, and I would base this mainly on the privacy aspect(and secondarily maybe security). Cashless is great as a convenience option, or when there are time sensitive factors.