The end of cash?

[UnderOpenSky]

Another case of cherry picking data if you add up the would struggle column then it come to 10.5 million or 19% of the population so that survey says 81% would be alright in a cashless society even if they 'preferred' cash to remain and would grumble about it. I would prefer cash to remain for a number of reasons but I'm confident that I would cope fine if it went.
It isn't going to get banned though is it? It's just going to be harder and harder to get hold of and use and whilst there might be the odd peak and trough the path is downward.

It was 20 years ago chip and pin was introduced. This isn't something that's happening in the next few years.

 

[Monkeygrinder's Organ]

Another big issue with polls is the number of people surveyed. A survey of 100 people is meaningless whereas a survey of 10,000 is considerably more meaningful.

This is a bit of an oversimplification of how sampling and stats work. A survey of 100 people would probably have a low confidence interval but it's not meaningless.

Not aimed at you particularly but you see 'small sample size!' on here all the time to dismiss stuff with no actual attempt to look at what it means.

 

[MickiQ]

It was 20 years ago chip and pin was introduced. This isn't something that's happening in the next few years.

I remember the old grey slips of paper and sliding machines for credit cards, progress happens for good and bad.

 

[liquidindian]

I remember the old grey slips of paper and sliding machines for credit cards, progress happens for good and bad.

A PAIN IN THE ARSE when someone wanted a cash advance on their credit card. The novelty of a big slidey thing wore off very quickly.

 

[teuchter]

I want to hear the "principled cash users" defence of their support for the banking industry, by using those notes, which don't have any inherent value, and are really just bits of paper that make a weird promise to "pay the bearer on demand", a promise that can't necessarily be kept. If the bank disappears then the value of their bits of paper disappears so they are heavily invested in making sure this doesn't happen.

Why don't they conduct all transactions in gold pieces, or onions, or direct bartering agreements? The fact that they don't shows how uncaring they are, very much "I'm alright jack" while they prop up the banking sector that so ruthlessly exploits the least privileged in society.

 

[brogdale]

I want to hear the "principled cash users" defence of their support for the banking industry, by using those notes, which don't have any inherent value, and are really just bits of paper that make a weird promise to "pay the bearer on demand", a promise that can't necessarily be kept. If the bank disappears then the value of their bits of paper disappears so they are heavily invested in making sure this doesn't happen.

Why don't they conduct all transactions in gold pieces, or onions, or direct bartering agreements? The fact that they don't shows how uncaring they are, very much "I'm alright jack" while they prop up the banking sector that so ruthlessly exploits the least privileged in society.

yawn

 

[strung out]

yawn

Typical response from one of the Royal Mint fans on here.

 

[brogdale]

Another case of cherry picking data if you add up the would struggle column then it come to 10.5 million or 19% of the population so that survey says 81% would be alright in a cashless society even if they 'preferred' cash to remain and would grumble about it. I would prefer cash to remain for a number of reasons but I'm confident that I would cope fine if it went.
It isn't going to get banned though is it? It's just going to be harder and harder to get hold of and use and whilst there might be the odd peak and trough the path is downward.

I don't really see the "cherry picking" angle at all, let alone again?
The point that the survey, when extrapolated from the sample, indicated around 10 million people who would struggle in a cashless economy is, surely, the salient point made.

If the vermin Government accept that, to the point where this last week they have legislated for minimum (free) cash access, then concerns about the potential social and economic impacts must be real enough.

 

[brogdale]

Typical response from one of the Royal Mint fans on here.

Are those concerned about exclusion going to be called woke?

 

[UnderOpenSky]

Are those concerned about exclusion going to be called woke?

No. Its not cool enough

 

[liquidindian]

Are those concerned about exclusion going to be called woke?

You want to label pretty much everyone posting on this thread as woke?

 

[brogdale]

You want to label pretty much everyone posting on this thread as woke?

Those concerned about exclusion, eh?

I think it's clear that we're past a tipping point and we're only going to get more and more cashless. Young people much prefer it and, y'know, they get older and become the majority over time.

 

[The39thStep]

A slightly larger, (3k), and more recent, (2021), piece of polling on cash.

View attachment 388682

That last 20% make a lot of noise in this thread.

That RSA study is very balanced and sets out some critical conclusions about an unmanaged ie market imposed cashless society and its affects in deprived areas. Well worth a read even for the I'm alright Jack brigade on here.

 

[liquidindian]

Those concerned about exclusion, eh?

Why does thinking something is likely to happen mean I also think it's going to be a good thing for everyone?

 

[liquidindian]

I'm alright Jack brigade

I would really like those people to make themselves known, because I don't think I've seen any.

 

[brogdale]

Why does thinking something is likely to happen mean I also think it's going to be a good thing for everyone?

"thinking" vrs caring

 

[UnderOpenSky]

That RSA study is very balanced and sets out some critical conclusions about an unmanaged ie market imposed cashless society and its affects in deprived areas. Well worth a read even for the I'm alright Jack brigade on here.

 

[liquidindian]

"thinking" vrs caring

I don't know what you mean by this.

 

[strung out]

Are those concerned about exclusion going to be called woke?

No, it's us forward thinking millennials who are the woke ones, you Royal Mint fans are the gammony 52%

 

[brogdale]

No, it's us forward thinking millennials who are the woke ones, you Royal Mint fans are the gammony 52%

OK

 

[LeytonCatLady]

Even though you have reposted information literally included in the OP and repeatedly discussed over the course of 4 years since then, I still don't understand. Because an increasingly cashless society does not cause me personally many major problems, I am unable to comprehend how it could be a problem for anyone else nor do I care in the slightest.

liquidindian To answer your question about "I'm all right Jack" remarks on this thread, I'd say the bolded in this post from teuchter is a classic example.

 

[Kevbad the Bad]

liquidindian To answer your question about "I'm all right Jack" remarks on this thread, I'd say the bolded in this post from teuchter is a classic example.

It's weirder than that. It doesn't cause him 'many major problems'. Just how many major problems do you need for the situation to become serious?

 

[UnderOpenSky]

liquidindian To answer your question about "I'm all right Jack" remarks on this thread, I'd say the bolded in this post from teuchter is a classic example.

Yeah, but that's just teuchter. You've read their posts elsewhere right?

 

[strung out]

liquidindian To answer your question about "I'm all right Jack" remarks on this thread, I'd say the bolded in this post from teuchter is a classic example.

He's being sarcastic, ffs.

 

[brogdale]

He's being sarcastic, ffs.

Tbf, that’s clearly what they were attempting, but it seems like there’s a few here who like to post the old edgelord/cunty stuff and the get all hissy when that’s pointed out.

 

[xenon]

liquidindian To answer your question about "I'm all right Jack" remarks on this thread, I'd say the bolded in this post from teuchter is a classic example.

Example of sarcasm.

 

[LeytonCatLady]

Example of sarcasm.

He didn't do it very well.

 

[liquidindian]

He didn't do it very well.

They were parodying what you thought others think, and you took it at face value. 10/10 job, I'd say.

 

[LeytonCatLady]

They were parodying what you thought others think, and you took it at face value. 10/10 job, I'd say.

Whatever. I'm off to bed.

 

[Humberto]

Whatever. I'm off to bed.

What and give up in the face of expert pedantic interlocuters desperate too make you 'lose face'?