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Cash will be obsolete within a generation – politicalbetting.com
Cash will be obsolete within a generation – politicalbetting.com
20% of Britons now say they typically use their phone to pay when out shopping, rising to 38% among 18-24 year oldsAll BritonsCard: 62%Phone: 20%Cash: 15%18-24yr oldsCard: 42%Phone: 38%Cash: 15%65+yr oldsCard: 71%Cash: 22%Phone: 6%https://t.co/Ya2nWoMFmD pic.twitter.com/B9YHDs9xwr
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Slot machines, tips in restaurants, charity collection boxes etc will all still use cash
Just like cheques 20 years ago some people haven't caught up yet. All of those are viable with contactless already today.
Apple are in my bad books today, I have to wait until the middle of October to receive my new iPhone 16 Pro Max.
Cash processing fees for businesses are generally higher than card processing fees.
The reduction of the bank branch network.
Insurance costs are rather high if you have cash onsite/overnight.
The 3 you give don't seem to be an issue anymore. Restaurant tips always take a card now, even if you offer cash. You never see slot machines that take cash anymore. In Las Vegas last year I saw no slot machines that took cash. It was cards, vouchers or plug your phone in. Ditto charity boxes and beggars now have machines.
Many places refuse cash. You can't use cash in any pub in Southwold and I now notice places advertising cash taken as if it is unusual. Eg one of the cafes on Southwold beach.
I never carry it. In Iceland a few years ago we went the whole holiday cashless.
It is doomed.
I added all my cards to my phone in 2020 and have never routinely carried my wallet with me since. Actual cards and cash are both obsolete to me now.
Since already carrying my phone at all times anyway, dumping all the cards and not worrying about cash is far more convenient. Especially if you use loyalty cards etc, I have all of those saved within my payment app too, so I can swipe between all my loyalty cards to use my clubcard or whatever, and swipe between my payment cards too, all handled with just the one device I always have on me anyway.
From Pennsylvania, currently: He has seen almost no political ads -- so far. So, for many voters, the campaign there has not really begun.
(I haven't seen many ads for state races here in Washington, so far.)
Any charity that is taking cash only donations will be missing out on a huge swathe of revenue.
Glad to see this forum finally becoming bullish on crypto.
(There are some technical problems with that total vote, since the parties do not run candidates for all seats, but it would be possible to approximate those votes if you wanted to .)
But realise that you can go weeks and weeks and never need it. You can, as @rcs1000 notes, pay for something for 79p by phone and so it really is not necessary for day to day life.
Plus every time you do get a pound coin in change if you have used cash, it is effectively dead money (generous offers by PB-ers to take all such coins off my hands notwithstanding).
But cash will also survive, if used increasingly infrequently. There'd be too much political hassle in scrapping it. Look at the timidity on display in simply demonetizing coppers, which is something long overdue and entirely in line with removing coins of pointlessly low value, as with farthings in the 1960s and ha'pennies in the early 1980s.
Illinois has been so corrupt, so long, that the state is bankrupt. And so on.
How do you pay for dinner at White's when you are there as a guest and want to pay your way.
So many red flags there.
At work nobody is allowed to bring a Huawei device on premises.
It is a pain though having to take it out for the 3 occasions we do have to use it (see other post).
Of course in a landslide Pennsylvania will go to the winner like all the other swing states.
The Electoral College is a stupid system that no other democracy in the world uses.
There is no further discussion to be had.
I looked at all the people I used to pay with cheques - nursery, tradesmen, membership fees, etc - and it was obvious why I never used cheques anymore.
Why would I bother to write a cheque to pay these people when it was so easy to pay them in cash?
If I want to pay a business, I pay the business.
All possible with no more than a phone.
What would I need a cheque for?
Only ever had one blue screen of death.
I even got in a subtle historical reference in as well.
If you don’t think Huawei is an organ of the Chinese state then you believe the same People’s Volunteer Army and their intervention in the Korean War.
But it's all very well and good if you're getting it in advance via telegram or the dark web, but what about that ill-advised second 8 ball at 4am? Where a handful of twenties collectively hastily gathered from the people in the room who are "up for it" is far more convenient than one person beaning his gourd off going Coinbase -> Cake wallet -> XMR -> Dealer (a process which, I'm told, can take several hours, apparently). Then asking everyone else to venmo their share the next day...
Similarly, note the pong of stale weed on every high street from Land's End to John'O'Scrotes. All of it bought with, I'd imagine, a twenty pound note or two. As long as the market for drugs exists - and that market is estimated at £9-10 _billion_ a year in the UK - there will be a market for frictionless, anonymous currency. Crypto might get there eventually, but until then, that's 9-10 billion (less whatever gets bought in crypto) happening in cash payments happening annually.
a proposalfor a regulation on the legal tender of euro banknotes and coins that provides
for detailed rules to preserve the effectiveness of the legal tender status of cash in
practice and thus for citizens to have access to the physical form of central bank money.
The scope and effects of the legal tender of cash is based on Article 133 TFEU;
My current phone (of 3yrs standing) is a Xiaomi Redmi cost me £170 from the company itself and hasn't put a foot wrong. Not the fastest out there but perfect for what I want or need.
The only other place I've had to get cash out recently is a shop in Antalya - which given that he sold hand made tile mosaics wasn't that surprising.
I have this very strong feeling that me not having a cheque book is not going to be an inconvenience to them or me any time soon.
A bit like James May on being banned from Clarkson's pub. He said it was like being banned from the golf club. It didn't matter as he had no intention of going to either anyway.
A teacher who carried a placard at a pro-Palestinian protest depicting Rishi Sunak and Suella Braverman as coconuts has been found not guilty of a racially aggravated public order offence.
EDIT: I should read the story. This was a bloody judge!
I keep a spare old phone home as an emergency backup. I smashed my phone last year, I got home and took my old device out, put in the SIM card, logged onto my apps and all my cards were transferred over and I was back up and running immediately.
Olden days I'd have had to wait to get new cards printed and sent out, and even older days any cash I had would have been just lost.
When I got my new phone then I just transferred everything back immediately.
Plus its an option to have everything on your watch too, so can use that when phone is unavailable.
It 'aint going to disappear.
I reckon cash has a good decade left in it. I still got to the cashpoint, and use it to pay for coffee etc, but largely to get change for the homeless guys.
I don't have a chequebook. 🤷♂️
Time for a new Bond film, possibly?
More importantly, I need to use the app on my phone to claim the 10% discount that my local offers on every pint I purchase.
I'm probably one of the few people here who actually works on a till, and cash is still used more frequently than cards. I see lots of people getting their wallets out and passing over the 2 or 3 cards they have to pull out some cash.
Cash payers are much more likely to leave a tip.
And it happens at least once a day that someone tries to pay with a card and it doesn't work, so they pay cash. And more often that someone tries to pay by phone and it asks them to "insert their card".
Some people on here have never had the experience of needing cash, but they tend to be the people I anyway suspect of rarely leaving their basement, and doing all their shopping online.
I also don't personally know any child who doesn't get their pocket money in hard cash.
Still have a watch even if lose phone, and can transfer onto a brand new (or old) phone just by logging into the apps. Easily done. No waiting for replacement cards to be issued.
Good evening, everybody
If you want to be abusive why don't you just go back to taking the AfD/Russia's side against Ukraine again.
Almost no ads in PA yet ? Wow.
You got me searching.
For the Senate races, Montana is a massive outlier in spend per voter;
Pennsylvania some way down the list:
https://x.com/AdImpact_Pol/status/1834599448640385038
These stats don't look great for my Florida bet (though that may change this month, with the closer polls ?):
https://x.com/AdImpact_Pol/status/1834580226732425299
FL Presidential ad spending in August 2020:
🔵$21.7m 🔴$8m
FL Presidential ad spending in August 2024:
🔴$176k 🔵$174k
You'd have noticed in Georgia;
Campaigns ran nearly 700 ads in Atlanta on day of the Harris, Trump debate
Ah, here's PA.
As far as your friend is concerned, both campaigns are wasting a heap of cash.
https://x.com/AdImpact_Pol/status/1834260862313382038
"Harris will ban all fracking...that will immediately put tens of thousands of Pennsylvanians out of work."
Trump's newest ad attacks Harris on fracking. #PAPol has seen $260m in aired Presidential spending since Super Tuesday, making up 23% of all aired Presidential spending.
...Harris then got free debate airtime for her pro-fracking declaration.
Now they're a niche hobby for people, which was not the case in the past.
Same with cash, there might remain niche people who use it in the future but as far as a mode of exchange is concerned, its obsolete.
Cash is obsolete, and would be pointless, if there weren't still a significant minority of folk who depend on it. I'm not going to be the one to tell them tough shit.
(Amazon, a very practical operation, uses mules to deliver packages in the Grand Canyon. https://www.youtube.com/watch?v=m0YPY50LnRo )