The health food chain Tossed has just opened the UK’s first cashless cafe. It’s another step towards the death of cash.
Electronic banking put paid to the cheque. Contactless payment is now doing the same to cash, which is becoming less and less convenient. In the marketplace convenience usually wins.
That’s fine as long as people are making this choice freely. What concerns me is the unofficial war on cash that is going on, from the suspicion with which you are treated if you ever use large sums of cash to the campaign in Europe to decommission the €500 note. I’m not sure the consequences have been properly considered.
Ah. Of course. I forgot where I was reading this for a moment. How silly of me, to think that any new invention would be wholly good.
There’s always the potential for an identity group or two to be ‘disadvantaged’. Especially if there’s a chance some SJW will get a CiF column out of it.
We already live in a world that is, as far as the distribution of wealth is concerned, about as unequal as it gets. It may even be as unequal as it’s ever been. My worry is that a cashless society may exacerbate inequality even further.
By not allowing the dishonest ‘poor’ to evade taxes and conceal their earnings on the black economy, you mean? Well, isn’t that a good thing?
In a world without cash, every payment you make will be traceable. Do you want governments (which are not always benevolent), banks or payment processors to have potential access to that information?
But I thought the prevailing wisdom on the Left was that government owns all the money, generously letting us keep some of it, because it knows best how to spend it?
I’m not saying we should all take our money out of the bank, but that we should all have the option to. Cash gives you that option. Why remove it? It’s our money. Not the banks’.
Excellent news! If it’s ‘our money’, I’ll expect no more screeching from the Left when we choose to spend it on things they don’t approve of.
That’ll happen, won’t it?