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Showing posts with label Cashless society. Show all posts
Showing posts with label Cashless society. Show all posts

Sunday, September 10, 2023

Lushington D. Brady: Why We Should Make Cash King Again


Convenience has become the road to serfdom

I’ve recently started deliberately carrying a small amount of cash on me at all times. After years of being beguiled by the indisputable ease of tap-and-go spending, I’ve realised that there are still plenty of reasons to use cash in at least some situations.

Not all, of course. I still smart from losing a pay packet with a whole fortnight’s wages, back in the 80s. But, as a sign on the counter of a local store recently reminded me, many small businesses get shafted by their banks on card transactions. They pay to provide the service, but get nothing back from the bank: swipe’n’go costs them money.