Some far-right activists and conspiracy theories are advocating against card-payments and for cash, and it's pissing me off
Some far-right activists and conspiracy theories are advocating against card-payments and for cash, and it's pissing me off
It's discrediting valid concerns against card-payments. It's invalidating how great cash is.
It's when the worst person you know makes a good point.
And things now are so Culture-Wars-y, nobody makes solid analyses any more, that when the far-right say cards are bad, everybody jumps to thinking cards are good.
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but cash sucks
no
Can't argue with that analysis, pretty solid.
Anything offered without an argument can be negated without an argument.
ok: you never have the correct change, oftentimes you get changed short, takes up too much space, you have to balance between not carrying too little and not carrying too much, hard to track spending (can be your upside, i understand)
i believe that we need the option to use cache in society, but it sucks ass to actually use it day-to-day
I mean your observations are correct, but I feel your reaction is sensationalism.
For hundreds of not thousands of years we've dealt with it. That's not just, coping because there isn't a better option, Humans are pretty capable when they're not lazy
you never have the correct change
As a result change accumulates. Every so often I bring it to my credit union and throw it into a machine and deposit it for free.
oftentimes you get changed short
It's very rare and the mistakes sometimes happen in my favor.
takes up too much space
Not usually. Only when on occasion I need to process a lot of change at once is there a significant space requirement.
you have to balance between not carrying too little and not carrying too much
This is trivial. I never spend more than half a second on such a decision. Usually I know instantly what to bring.
hard to track spending
That's a feature.
i believe that we need the option to use cache in society
I believe cache must remain legal tender and refusing to accept cache should result in a felony conviction plus one year imprisonment.
That said, I would eliminate the penny and the nickel, and put the quarter on a serious diet. Then outlaw all the .99 and .95 type pricing. It might be OK to do away with the dime as well and only leave the largest coin in use.
Privacy and the freedom from oversight by any large entity are non-negotiable.
The only oversight I support is me doing oversight on you, and never someone else doing oversight on me. I am not a masochist.
I agree cash sucks in may ways. But in may ways cash is extremely good. For example privacy wise cash it king as it is for the most part is untraceable. I take $1,000 out of the bank. And it is much harder for anyone but myself to keep track of where I am spending that $1,000. Vs a debit/credit card the banks have a complete logs of everything I am buying. And potentially the retailers could be tracking my purchases via my card as well.
I thought the government was tracking the serial numbers on larger bills that were dispensed through ATMs? I didn’t hear that from a reliable source, but it seems pretty simple from a number of transactions standpoint.
It wouldn't surprise me if they do. Lets say I get $100 bill out of the ATM, if the government wanted to track that bill. They would need to find that bill again and then try to back track the route the bill took to me. A very time intensive task and ultimately could lead to a dead end. After all how many people keep track of the serial numbers of your large bills?
Compare that to a card. Literally everything about it is tracked, it is all done automatically and can be acquired from the bank.