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Splashing the cash — 9 Comments

  1. We have the same discussion in Sweden. The reason, says the State, is that it will be safer. For the people. For you and me. Bull. They want to know where you spend your money and, I am sure, where you have been. Do not forget that in Sweden we have a personal number since birth. That number is absolutely everywhere. It easy to cross check all your activities. Control is what they want. 

    Since a year ago I do like this: of course I pay via internet the things that I buy there. But everything else I pay with cash, including gas/petrol. When my pocket is empty I go to the ATM and collect €1.000 and fill up.

    I’d like to minimize my digital footprints. 

    Somewhat paradoxical: the first of October this year we replace all bills i Sweden!

    Paranoid? Not me but the State.

     

  2. Bickering inefficent leaders Migrant invasion debaseing of currency a people unwilling to defend themselfs or their culture its like a replay of Western romes fall.

     Enjoy all!

  3. In the normal course of things I don't give a shit what they want to find out from my spending habits – very dull, mostly groceries.  There are some transactions I would prefer to keep to myself and they are done by cash in the hand.

  4. The loss of cash would give the government the capacity to control people's lives – if everyone depends on cards then the security services will be able to simply cancel the cards of dissidents

  5. The guy's a complete moron. Actually that's an insult even to a moron.

    People have been spending their cash, only that's not going through the normal (taxable) system.

    On case in point. Brough Superior sold for £315,000 and it's not the one Lawrence rode (that's in a museum and is valued at way more than a piddly £315k

    http://www.bbc.com/news/uk-england-nottinghamshire-30195048

    I believe this is the one that actually wet under the hammer for £280k

    http://www.dailymail.co.uk/news/article-2216335/Classic-motorbike-locked-away-1930-expected-sell-75k.html

    Both are way lots better than money in the bank.

    And I'll not get on to the subject of gold or diamonds as a medium of exchange or store of value. Just give us the date they decide to outlaw money and watch the price of those go through the roof.

    (By comparison this little gem's a brilliant living room ornament and at £4k it's a steal).

    https://www.silverstoneauctions.com/1997-honda-50-dream  

  6. If they (?) create a cashless economy I can list a few serious consequences.

    1. No coins could be thrown into open guitar cases of street buskers.

    2. No more pennies into collection boxes for the Black Babies and other charities.

    3. No spare change left on tables or saucers as tips for waiting staff.

    4. An end to the natural custom of 'spending a penny'.

    5. Tossing a coin to decide who kicks off first in football matches will end. Refs will bear the brunt of jeering fans.

    6. The tinkle of dropping coins in slot machines will come to an end.

    7. Tossing coins into holy wells and wishing wells 'for good luck' will cease. Likewise public fountains.

    8. Playing penny poker will cease. People will have to play with dry beans. Not sexy.

    9. Kind grandparents won't be able to give grandchildren a few coins to go and buy ice cream cones.

    10. er, I must go upstairs and spend a penny while I think of other things to add to the list.

    11. Just remembered: it won't be possible to use Thai baht coins as substitutes for 2 euro coins when paying for drinks in busy pubs.

    I say drop the idea of a coinless, cashless economy. It will lead to fascism and riots.

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