Cash is Freedom – Use it or Lose it
Cash means privacy – no one knows what you are buying.
Cash means freedom – You choose what you spend it on, no one can control what you spend it on or stop you from buying certain items
Cash is easy to budget with – you know how much you have in your purse or wallet.
Cash allows children to understand what money is, can be used to teach them to count money, understand what they can buy with it and easily see when they don’t have much money left or when it is gone.
A cashless society means:
- No saving fore a rainy day
- No selling unwanted items for cash
- No tipping a waiter or hairdresser directly
- No car boot sales or markets
- No giving to loose change or fivers to the children / grandchildren
- No coins for the homeless / buskers
- No tooth fairy
- No piggy bank
- No financial privacy
Everything will be digital
All money will be dependent upon the internet – vulnerable to cyber attacks, power cuts and tech failure.
All your money transactions will monitored and controlled by the state.
Access to your money can be cut-off by banks and government as seen recently in Canada.