Cashless society? Not so fast, my friend!

I have that covered.

 

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Business and corporations have the law on their side to refuse cash and can accept any legal denomination they want for instance a lot of places refusing to accept $100 Bill's. For years i thought it was against the law but I rescently researched how wrong I was. I only use cash, everyday, for all my daily purchases. Obviously online stuff I use a prepaid card. I will not participate in the debt/credit world.

 

My parking lot cash purchase days are over.

https://philadelphia.cbslocal.com/2...own-multi-million-counterfeit-coin-operation/

 

Could you please wire me a few Million. Thank you.

 

That and several other things mentioned. In today's world most businesses cannot operate without power and do not have backup systems to operate, everything now needs power to function. An old style phone will work if it can be directly plugged into the wall, otherwise you're out of luck. When the cell phone towers operators backup systems are depleted they no longer work either.
We live in the foothills area of a local mountain and experience several outages a year, we have emergency power and I know what it takes for a small or large business to be able to function, it was my job.
A siphon hose will work, lol.

 

What if it was an EMP bomb? Nothing will work including your car. Backup emergency power systems have a limited amount of hours to operate and are not intended to run for an unlimited amount of time and they are not engineered for that purpose. Mine will run for 5 months and I most certainly will not need cash.

 

I believe some dealers are responsible for an increase in pareidolia.

 

Nothing is hard wired to prevent an EMP blast or other types of unexpected occurrences, your car won't even run. You can build a Faraday Cage for some electronic devices such as your phone, but who you gonna call? I'm sure government installations have preventative methods so they can operate but the average person can't.

 

There's no point in bringing end of world type scenarios. When it comes from the sun wiping out all modern things on earth or another country which would start WW3 mass hysteria would start and a significant portion of the population will be dead.

 

No one knows the future, but a lot of people like to pretend that they do. Along those lines, I have no idea if the world will actually go cashless or not someday. All I can say for certain is that I no longer use cash whatsoever in my daily life. I didn't try to do it, I didn't seek out non-cash avenues, I didn't even really want or plan to go cashless. It just happened gradually over the past 4 - 5 years. For me, cash became less convenient than using plastic because I can use plastic pretty much anywhere at this point. To get cash, I have to go to a bank or an ATM and keep a supply stocked in my wallet and restock when I run out, which means going back to a bank or an ATM. Or I can just use plastic and carry it around with me and rarely make a bank visit. Without me even realizing it, cash became an inconvenience. This obviously won't be everyone's experience, but it has definitely been mine. I suspect, though I don't obviously know, that cashless pressures will increase, but that depends on many factors. Who knows?

 

In some areas, parking meters have gone plastic as well as car washes and laundromats. However, in more rural areas I doubt if that change will occur for some time. Organized activities such as bowling leagues still deal in cash (at least where I live). There's still a "cash only" workforce in this country that won't go away quietly. It will take time and societal change for cash to go away.

 

Cashless works great for panhandlers. Sorry don't have any cash on me!

 

In case of a US-Wide or World wide " Will mankind survive tomorrow" who will sell you anything for silver or gold or cash if they are not sure they will not need it in the next day, week, or years. They would be foolish to do so. A case of Triple Antibiotic Ointment, bottles of chalky heart medication pills, maybe even generic viagra will be worth more bullion than you can carry. Can't eat metal. IMO, Jim

 

My doctor told me that generic viagra is probably the cause of my insomnia; it keeps me up all night.

 

No, you didn't plan on going cashless, you just did because you found it inconvenient to go to the bank. Maybe it's because the bank is nowhere near you? My bank is maybe two blocks from my house, which makes it easier to stop by and get a couple of hundred dollars. It also means I don't have to worry about paying off the credit card plus interest and if I have enough money in the bank to do so.

And an EMP blast may disable my car, but my legs will still work.

 

Emp blast won't disable your car. Just google "are cars faraday cages"

Steel Cars actually are perfect faraday cages, as are airplanes. And many other things have "shielding" in them such as cell phones, etc.

Of course it all varies ... but if you happen to be too close to nuclear blast then your device will be melted, along with you.

 

Interesting. Some others here said my car would be disabled. I guess not everyone knows everything.

 

Don't you still run into trouble if you try to withdraw cash when you don't have enough money in the bank?

Here's the thing about credit cards: they're being run as a revenue source for the companies that issue them. That means they've got to find a way to keep some of the money that gets transferred. That's my big objection to an all-electronic-transfer economy: I don't like funding companies whose entire business model is rent-seeking. (Don't get me started on medical insurance companies.)

 

Credit cards, as are loans of any type are essentially you paying someone else to manage your debt.

So each month when you pay someone $40 or $80 interest on your credit card you are paying someone else because you can't handle saving up and paying cash for it.

If you say pay $40 each month in interest, you are paying someone $480 per year to manage that debt. I'd rather have that $480 in my pocket than someone else's pocket.

It is a convenience charge for people who don't understand the value of "all their money" ...

It's an easy revenue source as long as they don't default on it ...
buy now, pay later

 

It's good for the movies.