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Are We Better Off As A Cashless Society [Copy link] 中文

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Post time 2015-7-5 18:44:58 |Display all floors
Think about it. This will reduce corruption as we know it drastically. It could also prove economical as it would no longer be necessary producing cash and coins which in itself involves time, labour and some dough.

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Post time 2015-7-5 19:01:14 |Display all floors
That is like kissing good bye to corruption. They will have to figure out another way to beat the system. Till then, companies, co-operations and governments could sleep in peace at night.

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Post time 2015-7-5 19:17:22 |Display all floors
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Post time 2015-7-5 19:59:36 |Display all floors
In Finland all salaries are paid to banks and most companies accept only electronic payments. For example the Finnish government doesn't accept cash.

Almost all bills are delivered to your internet bank and then you can check them.

Only criminals or people without credit/debit cards use cash.

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Post time 2015-7-5 20:08:09 |Display all floors
seneca Post time: 2015-7-5 19:17
The question should be rephrased thus:

"Would we be better off without cash?" or "Would a cashles ...

Tracking someone's activities isn't that difficult boss Seneca especially with the technologies available these days. Unless the guys tracking the suspect(s) are also players in the game. When that happens, you know you have a big problem as a country.

Yup you are right about it being hypothetical. At least for now but the benefits are promising.

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Post time 2015-7-5 20:13:38 |Display all floors
mixamixa Post time: 2015-7-5 19:59
In Finland all salaries are paid to banks and most companies accept only electronic payments. For ex ...

The world COULD learn from Finland in this aspect because it is obviously something sensible. Takes a lot of time and effort to produce cash. I don't think going cashless would be a threat to banks or financial institutions. But of course one is screwed once hackers breach your security system.

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Post time 2015-7-5 20:15:41 |Display all floors
It's happening

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