What is societies obsession with carrying cash?

I amnt a cash is king or my money, just someone who sees the major benefits of cash over digital in certain cases, from a number of angles, and sees the benefits of digital over cash is other situations.

I don't want to see a complete move to digital. It simply isn't feasible and puts all of the power and control in the hands of the state, the banks and big tech to an extent. It also makes it easier to spend money and ultimately devalues money for some of the reasons I have outlined.

Almost all of the arguments used against cash are incredibly minor points versus the arguments against digital, however as I've said there is plenty use cases for both.

I have no issues with a PSC.

I have a number of social media accounts with a few platforms.

The amount of people who are almost one hundred percent reliant on phones for payments worries me from a few angles but each to their own.

I've also seen an over reliance on the 'newer' banking platforms such as revolut and would have concerns around the move towards these platforms. Granted, I am happy to see the competition that forces the traditional banks to improve their offerings but I have seen enough of revolut to use it as a convenience rather than a primary banking platform.

I was very glad to have cash a few months ago when I lost my VisaDebit card and had to cancel it. Because it happened just before a bank holiday it took several days for a replacement to arrive.

Have they passed on these massive savings to their clients?

nope, I don’t recall a fee reduction.

next after cashless is 100% plasticless… bad for environment..we’ll be told

there are over 3000 ATMs in Ireland…they have to be installed, serviced, insured, updated, filled… huge savings for banks, millions in savings… again no clients see the benefit…

Smartphone payments and maybe smartwatch payments to be a bigger thing… or, the only thing, in time.

every single person who I know, uses cash regularly….

nobody I know uses plastic exclusively.

Always carry a bit of cash but maybe not any more. Taxis taking card is a great change. My GP was old fashioned and only took cash up until a few weeks ago when he got a card machine. Also my local Chinese started taking card lately. So thankfully there's nothing much left for paying cash. I think I'll always hang on to a 50 in cash just in case.

its just plain laziness in my opinion that people don't use cash.

nothing to do with laziness at all, its pure convenience to use card, and potentially safer than carrying cash, increase in card use makes perfect sense

It is the consumer, we're demanding more cashless services. It's just quicker and simpler than paying with cash.

"BaNkS ArE EviL"

Okay we get it. It's generally just simpler to pay digitally, hence there's more demand for it, hence it's being offered more. It's not some big nefarious plan.

Digital is the majority of payments now

A poll found almost two thirds of Irish customers preferred digital over cash and "Only 3% of people surveyed do not use card or digital payments in any situation."

...and you d be naïve to think power still resides within our political institutions....

Just back from the shop where I got the paper.

I had a few small denomination coins after Christmas and looked for a charity box.

There wasn't one.

Another side effect of increasing cashless transactions I suppose.

Yes but its not a symmetrical debate. People like me care deepy about financial privacy, financial freedom and the use of cash and I'm happy to say so. I'm also not for limiting other people's consumer options - I'm not demanding that card payments be phased out. (I'm not a money launderer or a tax evader btw.)

Whereas anti-cash people can't own up to their real motivations and end up hiding fake diatribes about old biddies dipping into their coin purse. Or something equally silly and irrelevant.

Can you or others explain why some want cash eliminated and care so much about it, without waffling? I suspect you can't.

Btw Godwinning = evoking Hitler and the Nazis?

I have no issue with cash, I think it has it's place and it is due to reasons posted here (If I go on the rip and spend 200 quid I don't need revolut reminding me) but card is just easier. What I'm finding funny is every argument against card presented here actually is a stronger argument for it.

"What if you drop your phone"

I have my watch and physical cards, what if you drop your wallet?

"What if someone hacks your account and empties it"

I contact the fraud squad and eventually get it back, what happens if someone breaks into your house and robs your life savings?

"What if the payment system goes down?"

I go somewhere else, same as you do if the power cuts, but it's not really something I factor into my day to day living.

If Ireland went back to Lazer cards and 15 euro minimum card spends, I would adapt to a cash based life, same as most people would. If we went fully digital could the cash is king crowd say the same?

And RE:godwinning, only a few posts ago