4 ms·

Society? Yeah, that would be the unbanked. But cash still exists and I occasionally get it to pay people.

by CalChris 3y ago

Teever 3y ago
I'm talking about a future where cash is banned. Do you think that's a good world? Why or why not?
- CalChris 3y ago
  I'm not seeing your future where cash is banned. I am seeing my present where I'm not using cash very much (but still a little).
  - lrvick 3y ago
    Try pretending to be unbanked and switching to only cash for a month and you will quickly learn how many businesses refuse US currency, accepting only visabucks or masterbucks now. We need laws mandating businesses accept cash, but until then the more people using it, the less businesses can justify dropping it
    - LeafItAlone 3y ago
      > you will quickly learn how many businesses refuse US currency Can you provide examples? We must live in very different areas, because there is not a physical store I use that would not take cash, and a lot of would prefer it over credit cards. Even my apartment building rent can be paid in cash if you really wanted. Maybe the utility companies would not take cash? Obviously online purchases are different here, but a lot of bigger places (Apple, Amazon, etc.) have gift cards you can buy with cash locally to use online at the shop. On the flip side, there are places I frequent that accept only cash.
      - lrvick 3y ago
        In Palo Alto, and the wider bay area I visit bars and restaurants often with small "card only" signs which I have learned to spot early. I do not always spot them, and get a bill and am suddenly asked to pay with a card, often having to pay a friend cash to cover for me. A couple times I just tipped extra to get an employee to pay with a card for me.
        Teever 3y ago
        I wonder what would happen if you didn't spot the sign and simply told them you don't have a card. Like will they accept the cash? Let you eat for free? Call the cops?
        LeafItAlone 3y ago
        Ah, yeah I guess if you are in the heart of Silicon Valley places like this might be more prevalent. In my experience, the rest of the US isn’t like this, even major cities (at least one ones I’ve lived in and traveled to).
    - JohnFen 3y ago
      Fortunately, in my part of the US, it's very difficult to find a place that won't accept cash.
  - Teever 3y ago
    You're telling me that you're unable to imagine this? Really?
lrvick 3y ago
People who avoid using cash becoming the majority are why so many businesses are being conned into going cashless. To support the unbanked, you must literally vote with your wallet.
ruszki 3y ago
The problem of “unbanked people” is solvable, as can be seen in Nordic countries. They also have laws to force some parties (like banks) to accept cash.

Society? Yeah, that would be the unbanked. But cash still exists and I occasionally get it to pay people.

Teever 3y ago

I'm talking about a future where cash is banned. Do you think that's a good world? Why or why not?

CalChris 3y ago
I'm not seeing your future where cash is banned. I am seeing my present where I'm not using cash very much (but still a little).
- lrvick 3y ago
  Try pretending to be unbanked and switching to only cash for a month and you will quickly learn how many businesses refuse US currency, accepting only visabucks or masterbucks now. We need laws mandating businesses accept cash, but until then the more people using it, the less businesses can justify dropping it
  - LeafItAlone 3y ago
    > you will quickly learn how many businesses refuse US currency Can you provide examples? We must live in very different areas, because there is not a physical store I use that would not take cash, and a lot of would prefer it over credit cards. Even my apartment building rent can be paid in cash if you really wanted. Maybe the utility companies would not take cash? Obviously online purchases are different here, but a lot of bigger places (Apple, Amazon, etc.) have gift cards you can buy with cash locally to use online at the shop. On the flip side, there are places I frequent that accept only cash.
    - lrvick 3y ago
      In Palo Alto, and the wider bay area I visit bars and restaurants often with small "card only" signs which I have learned to spot early. I do not always spot them, and get a bill and am suddenly asked to pay with a card, often having to pay a friend cash to cover for me. A couple times I just tipped extra to get an employee to pay with a card for me.
      - Teever 3y ago
        I wonder what would happen if you didn't spot the sign and simply told them you don't have a card. Like will they accept the cash? Let you eat for free? Call the cops?
      - LeafItAlone 3y ago
        Ah, yeah I guess if you are in the heart of Silicon Valley places like this might be more prevalent. In my experience, the rest of the US isn’t like this, even major cities (at least one ones I’ve lived in and traveled to).
  - JohnFen 3y ago
    Fortunately, in my part of the US, it's very difficult to find a place that won't accept cash.
- Teever 3y ago
  You're telling me that you're unable to imagine this? Really?

lrvick 3y ago

People who avoid using cash becoming the majority are why so many businesses are being conned into going cashless. To support the unbanked, you must literally vote with your wallet.

ruszki 3y ago

The problem of “unbanked people” is solvable, as can be seen in Nordic countries. They also have laws to force some parties (like banks) to accept cash.