4 ms·

I don’t see how?

IshKebab 3y ago
I will break it down: 1. You argue cashless is annoying because you have to remember your card/phone in addition to cash. 2. I countered that you could equally say that cash is bad because I have to remember cash in addition to my card/phone. Which makes them at worst equal. You just have to remember whichever one is accepted. 3. Except - as I stated and you highlighted - that is not really the case. Almost everywhere accepts card - more than accept cash, so not only is cashless equal to cash, it is better. (From a "having to remember things" point of view anyway.)
- Alifatisk 3y ago
  I appreciate the break down. I'll clear it up, cashless is annoying because instead of being able to walk outside with a couple of bills, I have to bring my whole phone or wallet with me because some vendors just don't accept cash. Sometimes I even prefer paying with cash because it helps the vendor avoid the fees they have to pay for each digital transaction. It's got nothing to do with remembering.
  - IshKebab 3y ago
    > instead of being able to walk outside with a couple of bills, I have to bring my whole phone or wallet That still doesn't make any sense. Firstly, 99% of people carry their phone with them pretty much everywhere so you're already a special snowflake. Secondly, instead of "a couple of bills" you have to carry... a single card. Wow. So much hassle. > Sometimes I even prefer paying with cash because it helps the vendor avoid the fees they have to pay for each digital transaction. Yeah I have more sympathy with this but my feeling is vendors prefer cashless even with the fees - at least debit card fees (~0.5%), maybe not credit card fees - because cash isn't free. You have to spend time taking it to the bank, dealing with employee theft, etc. etc. I feel like CBDCs could really help here.
    - Alifatisk 3y ago
      > Secondly, instead of "a couple of bills" you have to carry... a single card. Wow. So much hassle. In case I’d get robbed, I would only loose a couple of bucks vs losing my debit card (which does not require PIN until a limit). I live in a bas neighborhood, so walking outside when it’s dark side is not fun. So having no valuables on me feels good. > Yeah I have more sympathy with this but my feeling is vendors prefer cashless even with the fees - at least debit card fees (~0.5%), maybe not credit card fees - because cash isn't free. I have the totally opposite experience, most small shop owners I’ve spoken to have often asked me if I had cash instead of card, some would even give better deals and include free fries If I had cash in me, it’s on that level and one if the reasons why I often prefer cash now. I actually had a discussion regarding this with my local barbershop and he told me how much he hates people who pay with cars because of those fees he has to pay. I had no idea about CBDC, had to look it up. It’s an interesting concept.

I don’t see how?

I will break it down: 1. You argue cashless is annoying because you have to remember your card/phone in addition to cash. 2. I countered that you could equally say that cash is bad because I have to remember cash in addition to my card/phone. Which makes them at worst equal. You just have to remember whichever one is accepted. 3. Except - as I stated and you highlighted - that is not really the case. Almost everywhere accepts card - more than accept cash, so not only is cashless equal to cash, it is better. (From a "having to remember things" point of view anyway.)

Alifatisk 3y ago
I appreciate the break down. I'll clear it up, cashless is annoying because instead of being able to walk outside with a couple of bills, I have to bring my whole phone or wallet with me because some vendors just don't accept cash. Sometimes I even prefer paying with cash because it helps the vendor avoid the fees they have to pay for each digital transaction. It's got nothing to do with remembering.
- IshKebab 3y ago
  > instead of being able to walk outside with a couple of bills, I have to bring my whole phone or wallet That still doesn't make any sense. Firstly, 99% of people carry their phone with them pretty much everywhere so you're already a special snowflake. Secondly, instead of "a couple of bills" you have to carry... a single card. Wow. So much hassle. > Sometimes I even prefer paying with cash because it helps the vendor avoid the fees they have to pay for each digital transaction. Yeah I have more sympathy with this but my feeling is vendors prefer cashless even with the fees - at least debit card fees (~0.5%), maybe not credit card fees - because cash isn't free. You have to spend time taking it to the bank, dealing with employee theft, etc. etc. I feel like CBDCs could really help here.
  - Alifatisk 3y ago
    > Secondly, instead of "a couple of bills" you have to carry... a single card. Wow. So much hassle. In case I’d get robbed, I would only loose a couple of bucks vs losing my debit card (which does not require PIN until a limit). I live in a bas neighborhood, so walking outside when it’s dark side is not fun. So having no valuables on me feels good. > Yeah I have more sympathy with this but my feeling is vendors prefer cashless even with the fees - at least debit card fees (~0.5%), maybe not credit card fees - because cash isn't free. I have the totally opposite experience, most small shop owners I’ve spoken to have often asked me if I had cash instead of card, some would even give better deals and include free fries If I had cash in me, it’s on that level and one if the reasons why I often prefer cash now. I actually had a discussion regarding this with my local barbershop and he told me how much he hates people who pay with cars because of those fees he has to pay. I had no idea about CBDC, had to look it up. It’s an interesting concept.