I’ve actually gone back to using cash when most merchants are Charing a 1.5% card fee. Fuck that shit.
Yeah same. I’d be really interested to know what the cost of cash is, my guess is more than 1.5% with the extra effort needing to be put into banking, slower transactions, mistakes and fake notes. Seems like most businesses are just assuming laziness of their customers just wanting to tap.
It’s a tax dodge. You can skim off the top easier with cash.
I hate where this is going, but accept that it is inevitable. As much as I value my privacy, I’ve well and truly fallen into the trap of using tap and pay with my phone. I don’t think I’ve carried cash in any meaningful quantity for years now.
Its not the article is more garbage from the ABC.
The amount of cash in the economy is higher than ever before.
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Go back to Reddit clown.
The central issue is control. I’m happy to use EFTPOS but would definitely not want to see cash disappear as it’s not something governments can easily track and/or move.
I don’t use cash often, but it would be a shame to see it go completely. Privacy concerns aside - It does come in handy for in-person marketplace type transactions to avoid the payid scams that are running rife at the moment.
It also doesn’t rely on having an internet connection which can be useful
Some places are no longer accepting cash.
Without the establishment of a comparable (in terms of barrier to entry and ease of use) privacy respecting alternative, the complete disappearance of cash is a problem. I don’t use it for many transactions myself, but others should absolutely have the right to opt out if they so choose.
I really wish there was a properly private digital currency that wasn’t crypto. I hate using physical money ever since covid hit, it’s just so dirty.
just spit on your money to make it your germs
I’m thinking of moving entirely to cash even though I’m more likely to lose it than my card. Sick of everyone getting rich off the data I provide.
