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Standard User GonePostal
(experienced) Tue 09-Aug-22 23:55:45
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Re: People turning back to cash


[re: zyborg47] [link to this post]
 
In reply to a post by zyborg47:
if people want to pay by cash, then they should be allowed to.
I won't be dictated to about how to pay in shops.


That is not your call. Whether you use the shop or not is your call but the shop has every right to decide how it will or will not accept payment.

As a general rule, it is probably a better policy to know what you prefer (even if that is a desire to stay with a rose-tinted view of all that you think was better in the past) but not to be so dogmatic that you end up backed into a corner with the painters already doing the floorboards between you and the door.
Standard User tommy45
(knowledge is power) Wed 10-Aug-22 01:39:25
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Re: People turning back to cash


[re: zyborg47] [link to this post]
 
MMM, Unless you want to lose cash, maybe best to keep using it, as it is under attack, ATM's and bank branches disappearing, small retailers having issues banking cash takings,

Not to mention the talk by GOVT of replacing cards and cash with CBDC https://www.bankofengland.co.uk/research/digital-cur...

it is not conspiracy any more,and they will make it programmable too, meaning they would be able to control the where you can spend your money, and on what goods and services less privacy also , now if they say also brought in a carbon credit system (type of social credit) and implanted a chip in your hand or digital tattoo to replace your phones they would have total control over everyone apart from those who lived outside the system away from the SMART cities that are being built in some countries

Edited by tommy45 (Wed 10-Aug-22 11:14:48)

Standard User zyborg47
(legend) Wed 10-Aug-22 09:24:46
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Re: People turning back to cash


[re: XGS_Is_On] [link to this post]
 
In reply to a post by XGS_Is_On:
If shops, bars, etc, don't want to accept cash they don't have to. They won't be dictated to about how to sell in their premises.

[q/]

Then they don't get my custom, and what happens when the card system goes down which can and do?

Given the advent of starter accounts, direct payment of welfare and other things if a person has no bank account and just uses cash there's a pretty good chance that at very least they aren't paying tax on income. The tax the rest of us have to.



I know of someone who don't have a card, they have a card to take money out and that is it, the only reason they have a bank account is that they have to for work. One of my brothers don't trust banks and never use his card.


Adrian

Desktop machine Ryzen powered with windows something or other.

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Standard User zyborg47
(legend) Wed 10-Aug-22 09:29:12
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Re: People turning back to cash


[re: GonePostal] [link to this post]
 
In reply to a post by GonePostal:
That is not your call. Whether you use the shop or not is your call but the shop has every right to decide how it will or will not accept payment.


I have walked out of a shop because they won't take cash.
As a general rule, it is probably a better policy to know what you prefer (even if that is a desire to stay with a rose-tinted view of all that you think was better in the past) but not to be so dogmatic that you end up backed into a corner with the painters already doing the floorboards between you and the door.


I prefer cash, I know where I am with cash, if I take cash out, i know I can only spend that much. But then i get people saying, if you use the scan and shop devices in some supermarkets, you can keep an eye on what you are spending with them. Two problems there, first I will never use one of them and secondly, most shops I go into don't have them. Aldi and Lidls don't even have self scans here.

Adrian

Desktop machine Ryzen powered with windows something or other.

Plusnet FTTC
Standard User jchamier
(eat-sleep-adslguide) Wed 10-Aug-22 09:37:03
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Re: People turning back to cash


[re: zyborg47] [link to this post]
 
In reply to a post by zyborg47:
I have walked out of a shop because they won't take cash.
I've seen a few people hit this problem, in one case a bloke without his wallet tried to pay in a coffee shop and they wouldn't take his £10 or £20 notes, so the person behind took the cash and paid on their card. Insane!

22 years of broadband connectivity since 1999 trial - Live BQM
Standard User zyborg47
(legend) Wed 10-Aug-22 09:38:33
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Re: People turning back to cash


[re: tommy45] [link to this post]
 
In reply to a post by tommy45:
MMM, Unless you want to lose cash, maybe best to keep using it, as it is under attack, ATM's and bank branches disappearing, small retailers having issues banking cash takings,

Not to mention the talk by GOVT of replacing cards and cash with CBDC https://www.bankofengland.co.uk/research/digital-cur...

it is not conspiracy any more,and they will make it programmable too, meaning they would be able to control the where you can spend your money, and on what goods and services less privacy also , now if they say also brought in a carbon credit system (type of social credit) and implanted a chip in your hand or digital tattoo to replace your phones they would have total control over everyone apart from those who lived outside the system in the SMART cities that are being built in some countries


It is scary to think of to be honest, but yes I did hear they were looking at a digital currency, they still about as far with it as they were when I heard about it last year.,
you are right about cash machines, they are vanishing, which is wrong, cash have been around for years and people should not be forced to pay by cards if they don't want to.


What happens when the card system goes belly up, and we are all using digital payments? That happened to use in a pub a few weeks ago, ordered the drinks, my friend tried to pay using a card, and it failed, I was the only one that had cash, so i paid. Good job, I carry cash.

Maybe, this change of people going back to cash may keep this digital currency at bay for a while longe. They say they will keep cash going beside it. I think I will be long gone before cash vanishes.

Thanks for the link, i will have a good read later.

Adrian

Desktop machine Ryzen powered with windows something or other.

Plusnet FTTC
Standard User jchamier
(eat-sleep-adslguide) Wed 10-Aug-22 11:08:21
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Re: People turning back to cash


[re: zyborg47] [link to this post]
 
In reply to a post by zyborg47:
you are right about cash machines, they are vanishing, which is wrong,
A friend of mine works for a supermarket chain, whom used to have 2 cash machines outside every store, and now has one. I asked my friend, they checked with management, and it was because of a 150% drop in the number of people taking cash out. frown

If we want cash to survive, we will all have to start using and forcing it on retailers that refuse frown

22 years of broadband connectivity since 1999 trial - Live BQM
Standard User XGS_Is_On
(member) Wed 10-Aug-22 11:33:34
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Re: People turning back to cash


[re: zyborg47] [link to this post]
 
In reply to a post by zyborg47:
Then they don't get my custom, and what happens when the card system goes down which can and do?

I know of someone who don't have a card, they have a card to take money out and that is it, the only reason they have a bank account is that they have to for work. One of my brothers don't trust banks and never use his card.


Card systems very seldom go down and it's a huge deal. They don't do any business while the systems are down.

As far as those people you mentioned go that's their call.
Standard User tommy45
(knowledge is power) Wed 10-Aug-22 11:47:20
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Re: People turning back to cash


[re: zyborg47] [link to this post]
 
In reply to a post by zyborg47:
In reply to a post by tommy45:
MMM, Unless you want to lose cash, maybe best to keep using it, as it is under attack, ATM's and bank branches disappearing, small retailers having issues banking cash takings,

Not to mention the talk by GOVT of replacing cards and cash with CBDC https://www.bankofengland.co.uk/research/digital-cur...

it is not conspiracy any more,and they will make it programmable too, meaning they would be able to control the where you can spend your money, and on what goods and services less privacy also , now if they say also brought in a carbon credit system (type of social credit) and implanted a chip in your hand or digital tattoo to replace your phones they would have total control over everyone apart from those who lived outside the system in the SMART cities that are being built in some countries


It is scary to think of to be honest, but yes I did hear they were looking at a digital currency, they still about as far with it as they were when I heard about it last year.,
you are right about cash machines, they are vanishing, which is wrong, cash have been around for years and people should not be forced to pay by cards if they don't want to.


What happens when the card system goes belly up, and we are all using digital payments? That happened to use in a pub a few weeks ago, ordered the drinks, my friend tried to pay using a card, and it failed, I was the only one that had cash, so i paid. Good job, I carry cash.

Maybe, this change of people going back to cash may keep this digital currency at bay for a while longe. They say they will keep cash going beside it. I think I will be long gone before cash vanishes.

Thanks for the link, i will have a good read later.
You make a good point about the card payment system EPS in shops, Supermarkets in the event of a power cut are unable to operate even using cash, as they have stopped pricing products and opted for the barcode scanner, So during power cuts they have to close , shows how much they rely on tech without any backup , CONVENIENCE could be our downfall And this by tesco should never become normal>> tesco biometric payment plans

https://www.decisionmarketing.co.uk/news/face-off-te...

Edited by tommy45 (Wed 10-Aug-22 11:57:26)

Standard User zyborg47
(legend) Wed 10-Aug-22 13:26:16
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Re: People turning back to cash


[re: jchamier] [link to this post]
 
In reply to a post by jchamier:
A friend of mine works for a supermarket chain, whom used to have 2 cash machines outside every store, and now has one. I asked my friend, they checked with management, and it was because of a 150% drop in the number of people taking cash out. frown

If we want cash to survive, we will all have to start using and forcing it on retailers that refuse frown


I work for a supermarket chain and yes the same thing have happened, we used to have two, now we have one, because of fewer people using them, but that may change. The problem is, a lot of people don't care, as long as it is easy for them. I said to a colleague who was using the scan and shop system, you do know you are taking jobs using that, her reply was she did not care. My reply was, maybe not unless it is yours. She said it is quicker and easier. I think they are a pain in the neck to be honest. Stopping to scan an item. I remember when we first had them, and we were told we were to use them because it will get customers using them if they see us using them. You can imagine what I said to the manager., it went something like, no chance, when I am clocked out, I can use what I like.
With a basket, they would be a pain.

I use cash if I remember to get some out and that is the problem.

Adrian

Desktop machine Ryzen powered with windows something or other.

Plusnet FTTC
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