Quote:
Originally Posted by 45rpm
Who would be crying If cash was abolished? Answer: all the bad guys. People smugglers, drug dealers, thieves and cheats.
A huge amount of crime would be switched off overnight, robberies, muggings, car theft.
Ok, a lot of honest folk like you and me would be inconvenienced but we would manage.
For sure, some of the very elderly might struggle at first but that is also manageable.
We’ve all done it, paid cash for Joe to do a cheap job on the house or car. Although it’s not a bad crime, it’s still naughty. Also, when the work is no good, it can be impossible to get recompense.
I think society would be far richer if we phased out cash. Starting with the £50 note; its introduction (IMhO) was a big mistake.
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As in my earlier post - yes cashless could block some of the low level criminal types (the high flyers would find ways and crime would move even more to the cyber space arena). But what if a future regime declares you or your social/racial/sexual/religious/etc group "bad guys"? What if the "good guys" are the one that agree to vote/follow/believe/accept what the rulers dictate? Yes you can vote electronically for the opposition, that's you democratic right as it is ours to control the spending of subversives out to destroy our wonderful way of life.
Cash prevents or at least reduces this risk as people can still trade without that trade being logged or controlled. It's always worth asking "what if?".
And no I haven't knowingly paid cash to avoid VAT/taxes other that very small jobs less than £20 or so and the last few of those the trader wasn't VAT registered.