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0 pointsfelsokning1y ago0 comments

> While it maybe expedient for merchants...

Expediency is a gross over-simplification of why the cashless society is a growing tend.

For example, it costs more wealth than the value of lower denominational coins to produce said coins.[1] There's a correlation between the decrease in financial-related crimes and cashless vendors.[2] It is believed that cashless systems lead to less tax evasion.[3]

Having said this, I agree with the remainder of your statement - that it has the potential to discriminate against people who don't have and/or are unable to obtain bank accounts.

[1] - https://archive.is/T7nz8

[2] - https://archive.is/MMY2b

[3] - https://archive.is/lCfNX

0 comments

hi-v-rocknroll1y ago

> Expediency is a gross over-simplification

What's your problem? You selectively quoted a fraction of my statement and threw in a strawman.

Merchants don't want to keep registers to be stolen from cashiers, to be robbed, to have to deal with counting cash, or deal with deposits. That's 4 good reasons in their minds, and I've dealt with all of these. Have you?

felsokningOP1y ago

> What's your problem?

No problem. Why the hostility?

> You selectively quoted a fraction of my statement and threw in a strawman.

I disagreed with the first part of your statement and agreed with the second part. Are you only reading to respond and not to comprehend? Also, how are studies or facts "a strawman".

What does dealing with those 4 things have to do with your initial gross oversimplification?

avery171y ago

Counting the drawer and deposits take maybe 15 minutes a day. Its not difficult. Been running a small business for 10 mins and never had an issue with cash. God forbid someone robs us of the 300 bucks in the drawer. They can have it and insurance will cover it.

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