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Cashless society getting closer, survey finds
Reuters ^ | Apr 26, 2017 | Jeremy Gaunt

Posted on 04/26/2017 4:16:51 PM PDT by upchuck

More than a third of Europeans and Americans would be happy to go without cash and rely on electronic forms of payment if they could, and at least 20 percent already pretty much do so, a study showed on Wednesday.

The study, which was conducted in 13 European countries, the United States and Australia, also found that in many places where cash is most used, people are among the keenest to ditch it.

Overall, 34 percent of respondents in Europe and 38 percent in the United States said they would be willing to go cash-free, according to the survey conducted by Ipsos for the ING bank website eZonomics.

Twenty-one percent and 34 percent in Europe and the United States, respectively, said they already rarely use cash.

(Excerpt) Read more at reuters.com ...


TOPICS: Business/Economy; Culture/Society; Government; News/Current Events
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I'm as close to 100% cash as I can get. Have no plans to change. Too many busybodies, gvt and otherwise.
1 posted on 04/26/2017 4:16:51 PM PDT by upchuck
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To: upchuck

When you cannot see your money, you will be owned by those that control it. Reject this.


2 posted on 04/26/2017 4:19:29 PM PDT by Fungi (Please give suggestions for fungal taglines. Merci.)
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To: upchuck

When you cannot see your money, you will be owned by those that control it. Reject this.


3 posted on 04/26/2017 4:19:32 PM PDT by Fungi (Please give suggestions for fungal taglines. Merci.)
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To: upchuck

Money is only what we say it is... if the u.s. Goes cashless... something else tells me bartering goes big


4 posted on 04/26/2017 4:23:51 PM PDT by teeman8r (Armageddon won't be pretty, but it's not like it's the end of the world.)
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To: upchuck
I'm as close to 100% cash as I can get

Me too. Anything I can't pay for by cash, I write out a check. Online payments are just asking for trouble.

As far as those who prefer a cashless society, you can't fix stupid. If everything were an online transaction, freedom is gone. Wouldn't be long before the gov is telling you how much you can spend on what, how much to save, automatically deduct taxes and other expenses. People will be allowed to charge items up to a prescribed amount, leading to forever debt. The banks will own everyone.

It'll happen. When folks age 50 (or so) and older are out of the mainstream, there will be very little resistance to the "convenience" of a cashless society from younger generations.

5 posted on 04/26/2017 4:25:41 PM PDT by grania (only a pawn in their game)
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To: upchuck

You are all paranoid, what could possibly go wrong by making every financial transaction traceable, I mean if all transactions were traceable we could end drug use overnight because we could arrest everyone who buys drugs who should not be buying drugs!

It would be a UTOPIA!!!!

YAY!!!

You should just give up and conform to the power of the State!

It is better that way, just submit, it will be a better world that way.

Just give up!

Conform...

EXTERMINATE EXTERMINATE!!!!


6 posted on 04/26/2017 4:29:00 PM PDT by GraceG ("It's better to have all the Right Enemies, that it is to have all the Wrong Friends.")
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To: Fungi

If I have a widget and Bill has some bread, and we want what the other one has, why the F**K does city hall need to be involved if Bill and myself want to have a voluntary exchange of goods...?

CONTROL, CONTROL!


7 posted on 04/26/2017 4:30:40 PM PDT by GraceG ("It's better to have all the Right Enemies, that it is to have all the Wrong Friends.")
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To: upchuck

Gold and silver will rule the underground economy.


8 posted on 04/26/2017 4:32:27 PM PDT by stockpirate (There is a coup in progress, catch them, try them, HANG THEM ALL TREASON)
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To: upchuck

I’m not seeing this happening. Not for a while anyway. I got one word for you,...Unions!


9 posted on 04/26/2017 4:36:10 PM PDT by 4yearlurker (If you work for living,why do you kill yourself working?)
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To: upchuck

Utterly meaningless and inaccurate “polling”. People in the US want cash... and give discounts for purchases made with cash. Significant discounts so that the transactions are not “taxed” by the financial machinery of crediting the sale. They can try this, but the true power will be held by the “medieval” holders of hard currency that can be held with discretion. Not some electronic blip one cannot control.


10 posted on 04/26/2017 4:38:55 PM PDT by John S Mosby (Sic Semper Tyrannis)
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To: teeman8r

I’m waiting for someone to create a bartering app.

You anonymously post what you have to trade and others make offers with their trade goods. When you find a match you then agree on a time and place.

If they push people too hard they will create this scenario.


11 posted on 04/26/2017 4:39:10 PM PDT by crusher2013
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To: upchuck

When they go cashless, the value for goods and services will be determined by governments. Cashless is so convenient that the world will be tranformed overnight by one major currency crisis, and will welcome the convenience and appar3nt security.


12 posted on 04/26/2017 4:39:32 PM PDT by richardtavor
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To: Fungi

Is this where Bitcoin becomes mainstream???


13 posted on 04/26/2017 4:42:08 PM PDT by Dilbert San Diego
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To: grania

>>It’ll happen. When folks age 50 (or so) and older are out of the mainstream, there will be very little resistance to the “convenience” of a cashless society from younger generations.<<

The somewhat dystopian future as depicted in “Minority Report” is coming closer.

If there is one basic right every human should have, it is the right to get lost and be left the hell alone (assuming he/she hasn’t done anything to anyone else).


14 posted on 04/26/2017 4:56:43 PM PDT by freedumb2003 (The Civil Rights movement compared content of their character to skin color and chose the latter)
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To: upchuck
More than a third of Europeans and Americans would be happy to go without cash

That includes more than 1/3 of the Tampa Bay Rays fans as well.

15 posted on 04/26/2017 5:03:15 PM PDT by chajin ("There is no other name under heaven given among people by which we must be saved." Acts 4:12)
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To: freedumb2003
If there is one basic right every human should have it is the right to get lost and be left the hell alone (assuming he hasn't done anything to anyone else)

That bears repeating.

16 posted on 04/26/2017 5:05:48 PM PDT by grania (only a pawn in their game)
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To: upchuck

One hack by a 12 year old and you’re broke. I want to hold my pennies.


17 posted on 04/26/2017 5:09:32 PM PDT by bgill (CDC site, "We don't know how people are infected with Ebola.")
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To: upchuck
With today's technology, it is already easy for anyone who wishes to go cashless to do so. The obvious question is why, then, is there this relentless drive to eliminate the option of cash for everyone else? If it's all just for "convenience", as claimed, then let those who want the convenience go cashless, while preserving "choice" (one of the left's favorite words) for the rest.

Of course, we know it's not really about any of that but rather absolute control.

18 posted on 04/26/2017 5:13:16 PM PDT by noiseman (The only thing necessary for the triumph of evil is for good men to do nothing.)
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To: upchuck
Americans will never sit for this. After taking away our guns, the single-most insidious and destructive-of-our-freedoms act the Government could undertake would be to take away our cash, our ability to move about freely and conduct our trade anonymously.

Doing away with "money" won't happen while Trump is in the White House, and it won't happen for as long as I draw breath. I and tens-of-thousands just like me will absolutely annihilate anyone who tries it.

The only thing I have more of than money are guns and ammo. And I didn't buy them to collect dust...

19 posted on 04/26/2017 5:17:07 PM PDT by Gargantua ("Still not tired of winning---beeyotch!" ;^)
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To: upchuck

If the left starts pushing this one, they can kiss that minority vote goodbye. They own the underground and it is 100% cash.


20 posted on 04/26/2017 5:18:03 PM PDT by eyedigress ((Old storm chaser from the west))
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