Show of HandsShow of Hands

Show Of Hands November 11th, 2019 3:55pm

Should cash be phased out in favor of all electronic currency?

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Comments: Add Comment

Constitutionist Southern Illinois
11/13/19 9:54 pm

Yeah, what happens when we get hit by an EMP or solar flare? We are screwed. Why would anyone think this is a good idea.

tdaddy Kentucky
11/12/19 6:36 pm

No. What?? Anyhow!! Are we going to let kids access gumball machines for free? If not, what??? Outlaw gumball machines??

tdaddy Kentucky
11/12/19 7:08 pm

Sheesh! How could I be so naive?? Just charge a buck per gumball!!!

Cal14 New Hampshire
11/12/19 6:41 am

It will be inevitable but we are not ready for that yet. The technology is not advanced enough to be fully secure.

BigPhatPastor Jefferson Hills, PA
11/12/19 6:05 am

Considering there are still concerns of hacking into everything from social media to elections why would we put our currency at risk?

Denk0403 Black Lives Matter
11/12/19 3:53 am

I can’t even imagine how terribly something like this would affect the homeless

otto Olean, NY
11/12/19 1:28 am

What happens when there is an EMP?Natural or by a military enemy?

CudOfCow Oregon
11/11/19 9:38 pm

I am pretty sure its inevitable.

11/11/19 8:08 pm

Hellllllll no, how many companies are hacked weekly?

drself Gated Community
11/11/19 6:56 pm

It will some day. I have read the end of the book.

Praetorianus Fair enough.
11/11/19 5:38 pm

No, cash is still king on some occasions:
Small transactions
Giving a small amount to a beggar
Coin operated vending machines
Buying a hotdog from a mobile vendor
For legal minors: pocket money

JayDiddle Indiana
11/12/19 7:34 am

Small Transactions: How is cash better than a debit card here? I use my debit card for less than $1 amounts all the time.

Giving a small amount to a beggar: Money should never be given to people begging. Give them food; give them clothes; give them bedding; hell, give them a job. Giving them money only keeps them where they’re at, and more often than not, the beggars are panhandlers who aren’t even homeless or struggling.

Coin operated vending machines: Many of these take cards or NFC payments; I use ApplePay with vending machines all the time. If we went cashless, obviously the non-compliant machines would be forced to follow suit.

Buying a hotdog from a mobile vendor: Many mobile vendors accept cards, and all are capable of accepting cards or NFC.

For legal minors: pocket money: The word “legal” isn’t necessary here, so there’s that. However, give them a teen debit card. In fact, start a bank account for them, where most banks will give them their own debit card.

11/11/19 4:28 pm

The Gettys and Rothschilds think so.

Amaranth Iowa
11/11/19 4:12 pm

No, because cash is untraceable

JayDiddle Indiana
11/12/19 7:36 am

So is cryptocurrency.

Zod Above Pugetropolis
11/11/19 3:41 pm

Not unless there is a way to make "electronic currency" free, available to everyone without needing to first establish some kind of account, and transactions using it anonymous and untraceable. At a minimum. I don’t see any of those things happening anytime soon, much less all of them.

JulesVerne Live long, and prosper
11/11/19 5:37 pm

My thoughts exactly. Sounds like a great idea until you realize it demolishes anonymity once and for all.

Praetorianus Fair enough.
11/11/19 8:45 pm

You even have to show a picture ID just to buy a prepaid gift debit card that can't even be overdrawn.

ConservativeCA Joe Biden is barely alive
11/11/19 2:40 pm

Ya so the powers that be could annihilate your entire net worth at will when you become a problem.

Will happen at some point

think4yourself Not a safe space
11/11/19 12:53 pm

No. Electronic is too vulnerable to hacking and loss. If your power goes out or cell service goes down you will likely not be able to purchase anything.

bnnt Los Angeles
11/11/19 12:18 pm

Sounds like some dystopian sci-fi nightmare waiting to happen.

“It’s for the best! It’ll be easier! Less costly for people” -governments, businesses and banks

Reality - government and business tracking every move for taxing and marketing opportunities. Surveillance. Digital Money laundering by 3rd world counties. Digital warfare by terrorist nations. Bartering underground economy using anything of value like some medieval village.

jakob1005 Virginia
11/11/19 11:28 am

I wouldn’t make it a law but it’s on its way out tbh.

Quinnipiac Here
11/11/19 10:49 am

how would I pay prosties, strippers, drug dealers, and the like?

11/11/19 11:59 am

The same way I do now. Venmo

Quinnipiac Here
11/11/19 12:38 pm

i thought you were gonna tell me you swipe your amex thru her ass crack 😂

11/11/19 12:50 pm

I mean I do that too but not to pay her

11/11/19 9:54 am

Yes I think it’s happening already slowly step by step.

Liberty 4,032,064
11/11/19 9:47 am

Phased out by whom?

Best answer: No.

11/11/19 9:49 am

The government could just printing and minting. Think about how much tax payers could save.

11/11/19 9:53 am

*stop printing

Liberty 4,032,064
11/11/19 10:13 am

As long as they accept other forms of payment for taxes, sure. I’d be alright with no longer using the petrodollar.

CoffeeNow Powderpuff Leftist
11/11/19 12:13 pm

“Think about how much tax payers could save.”

I’m beginning to realize that taxpayers don’t save any money when expenses are cut because there’s no money left over regardless bc it’s borrowed already. It either means we borrow less money or the government finds something else to spend it on

11/11/19 1:04 pm

CoffeeNow I agree and that's sad.

11/11/19 4:29 pm

Phased out by the new world order led by the colonel.

mstory918 Manhattan
11/11/19 9:42 am

The only time I handle cash is to pay my housekeeper and it drives me nuts that he doesn’t accept Venmo/PayPal/ApplePay like the rest of my service people. I rarely carry a credit card with me anymore, let alone my wallet. NYC, everyone accepts ApplePay.

11/11/19 9:40 am

Probably the worst idea ever. Among other things, it’s been shown in studies that people tend to spend more on average with a card than cash. People’s entire concept of money would go away.

EatMoreMeat Counting the Fallacies
11/11/19 9:34 am

No. This will make everything more expensive because you’ll overload current cyber security demands and sorry but not all transactions need to be on the books. This allows everybody to keep an eye on YOUR money. Also poor people would be adversely affected.

11/11/19 9:27 am

I hate that this question is even a consideration. May as well get rid of birth certificates and social security cards too. We can just put them all into little chips and implant them (agree to the privacy policy that states you sign your life away) more convenient for everyone. 🙄

SHIPPY1944 Tn.
11/11/19 9:18 am

Keep cash , just do away with pennies I hate them, they cost more to mint than they are worth🤬‼️

EarlyBird Portland
11/11/19 9:14 am

What a scary thought! No!

credo Positive Rights Exist
11/11/19 9:00 am

There are probably some practical reasons for doing this, but I can't help but think of end times prophesy about the mark of the beast and not being able to buy or cell without it. Electronic currency makes me nervous.

badattitude no place like home
11/11/19 8:59 am

How are the cartels, and mafia supposed to launder their money that way?

joshua16 FaceTime
11/11/19 9:03 am

You have now been reported

badattitude no place like home
11/11/19 9:04 am

Hi Joshua. How are you?

joshua16 FaceTime
11/11/19 9:05 am

I am ok, thank you for asking. Just filing reports this morning. How are you?

badattitude no place like home
11/11/19 9:08 am

I’m good. Just finished feeding the horses, goats, pigs, chickens, cat and dogs.

SHIPPY1944 Tn.
11/11/19 9:19 am

Are you people best buds❓

SHIPPY1944 Tn.
11/11/19 9:41 am

Carnally or Fraternally, Eros or Phileo❓

joshua16 FaceTime
11/11/19 9:53 am

If you make it weird, I will file a report against you.

SHIPPY1944 Tn.
11/11/19 10:19 am

Weird❓I hope not, but you tell me❓

joshua16 FaceTime
11/11/19 12:08 pm

I’ve heard enough.
You have now been reported.

me2nokneez California
11/11/19 1:15 pm

Joshua. You lay low on weekends and do your work on Monday mornings? Please don’t report me. My reputation is immaculate

Diogenes FreeMeBe
11/11/19 7:08 pm

SOH Joshua, you’re a reporter? 😂

badattitude no place like home
11/11/19 7:37 pm

He’s off because of veterans day.