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Ask HN: Do you think the US will ever go cash-less?

4 points by theturtletalks 4y ago

Just saw a Zelle commercial and kept thinking “cash is king.”

themodelplumber 4y ago
Absolutely. Cash is nasty stuff. I doubt it will survive another pandemic. Brave of you to admit your bias though.
jleyank 4y ago
Hell, will the US ever give up the penny and the $1 bill? There are advantages to a cashless setup, but also real issues re: privacy and "what happens when the power goes out"...
mardiyah 4y ago
It's a no brainer NO That's the only reason Rothschild etc, New World Order headers, think they will keep on ruling the world with founded base in US
- inphovore 4y ago
  Since this is a silly useless thread, I hope it isn’t karma suicide to say … that’s the old (now antiquated) world order, the new world order is thought control. It will take decades for this to become apparent.
  - rexpop 4y ago
    Since we're all donning foil hats in this thread, I may as well join in and suggest that "thought control" is already plainly evident and rampant. See: manufacturing consent, cultural hegemony, capitalist realism, etc.
    - inphovore 4y ago
      I mean the voices in our heads, and tinfoil hats don’t work, it’s entanglement not telemetry.
rdtwo 4y ago
Not with taxes going up and the country being so divided
quickthrower2 4y ago
Yes, but that is going to take a long time for the systems to catch up to the point that a rural community has the tech in every last nook so as to not need cash. Maybe decades. Some people will still want to deal in cash, so if the government doesn't provide it there will be some other kind of barter. Gift cards, those printed Bitcoin notes, foreign cash, gold or something else.
mikewarot 4y ago
No Cash works when there's no power, or internet Cash works even when you're a repressed minority Cash works when you can't afford a bank Cash works to route around damage, no matter the source.
j780 4y ago
No, but the U.S. needs to catch up with plastic cash. Laundering cash can be a good thing ...especially during a pandemic!
tetromino_ 4y ago
US will go cashless only if millions of Americans working in residential construction, as tipped waiters, all kinds of small business owners, contractors etc. can no longer easily cheat on taxes through using cash. Those millions of people would stop cheating on taxes only if the IRS receives significantly more funding as well as a mandate to vastly improve its detection of suspicious financial activity and increase the number of audits. The IRS would receive more funding and a new mandate only if (a) Republicans massively lose in Congress and then (b) Democrats decide to burn their advantage on a very unpopular measure. Tl;dr the US will not go cash-less in the foreseeable future.
treeface9000 4y ago

Just saw a Zelle commercial and kept thinking “cash is king.”

themodelplumber 4y ago

Absolutely. Cash is nasty stuff. I doubt it will survive another pandemic. Brave of you to admit your bias though.

jleyank 4y ago

Hell, will the US ever give up the penny and the $1 bill? There are advantages to a cashless setup, but also real issues re: privacy and "what happens when the power goes out"...

mardiyah 4y ago

It's a no brainer NO That's the only reason Rothschild etc, New World Order headers, think they will keep on ruling the world with founded base in US

inphovore 4y ago
Since this is a silly useless thread, I hope it isn’t karma suicide to say … that’s the old (now antiquated) world order, the new world order is thought control. It will take decades for this to become apparent.
- rexpop 4y ago
  Since we're all donning foil hats in this thread, I may as well join in and suggest that "thought control" is already plainly evident and rampant. See: manufacturing consent, cultural hegemony, capitalist realism, etc.
  - inphovore 4y ago
    I mean the voices in our heads, and tinfoil hats don’t work, it’s entanglement not telemetry.

rdtwo 4y ago

Not with taxes going up and the country being so divided

quickthrower2 4y ago

Yes, but that is going to take a long time for the systems to catch up to the point that a rural community has the tech in every last nook so as to not need cash. Maybe decades. Some people will still want to deal in cash, so if the government doesn't provide it there will be some other kind of barter. Gift cards, those printed Bitcoin notes, foreign cash, gold or something else.

mikewarot 4y ago

No Cash works when there's no power, or internet Cash works even when you're a repressed minority Cash works when you can't afford a bank Cash works to route around damage, no matter the source.

j780 4y ago

No, but the U.S. needs to catch up with plastic cash. Laundering cash can be a good thing ...especially during a pandemic!

tetromino_ 4y ago

US will go cashless only if millions of Americans working in residential construction, as tipped waiters, all kinds of small business owners, contractors etc. can no longer easily cheat on taxes through using cash. Those millions of people would stop cheating on taxes only if the IRS receives significantly more funding as well as a mandate to vastly improve its detection of suspicious financial activity and increase the number of audits. The IRS would receive more funding and a new mandate only if (a) Republicans massively lose in Congress and then (b) Democrats decide to burn their advantage on a very unpopular measure. Tl;dr the US will not go cash-less in the foreseeable future.

treeface9000 4y ago