Is cash out?

[hallett21]

I’m not one to go down this rabbit hole. But I feel like cash is on its way out. Like within a few years.

Wife wanted Habit so I walk in and there’s a few kiosks to make your own order and pay by card. No biggie but I just grabbed a $20 so I need someone to ring me up.

It probably took 5-8 mins for someone to “serve” me. I’m noticing more and more that cash is an inconvenience to businesses. I understand why (theft, storage etc) but it’s kind of concerning that businesses would prefer a CC payment.

 

[TimeBandit]

Yep. Change is getting harder to come by, they expect everyone to pay with their phone / watch / card.

I still use cash, but the writing is on the wall.

 

[FlyByWire]

Someday I’ll learn to stop pulling cash out for baseball games and family amusement park trips because they’ve all gone cashless.

I still like to carry a little bit of cash in case I need help from someone who doesn’t carry around a card processor…

 

[Thing One]

If i visit a fast food type place, and they don’t take cash, i walk out. Plenty of other options.

 

[Gramps]

cash is king

 

[LuauLounge]

It’s headed out. Can you imagine the cost for a large fast food chain to have an armored car service pick up and deliver?
Can’t send an employee, too big a risk.
I’m the same way, I pick up $500 a week and I find places that take cash….namely bars.

 

[Bajastu]

Cash is still king when buying used items off of FB Market-place, Offer Up, and Craigsist. Always have a stack of 100's at home just in case. But yeah, most retail establishments are going cashless.

 

[Gelcoater]

Been making it a habit to walk out of anyplace that doesn’t take cash.
Ida probably walked out of there too after some waiting. Long before 8 minutes

 

[shintoooo]

Yes, cash is out. Please everyone, send me your cash and I’ll make sure they get recycled properly.

 

[boatpi]

Just to comparison on banks and ca$h, I happen to me a few months ago walked to our bank in Huntington Beach said need to get 10,000 cash. They told me come back in two days. Will have it for you.

But three months earlier at my local Wells Fargo branch in Las Vegas told
Them I need 10,000 cash for some sort of deal, no problem. I asked him if I wanted 25 or 30,000. He told me no problem at all. Vegas will always be a ca$h city.

 

[77charger]

Mainly cash for me. Don’t care to use a card unless it’s an online purchase. If know a food place is cashless I will go elsewhere same for a store.

Was at a store recently and they had a sign their internet was down so it was cash only til it was back up.

 

[CLdrinker]

I’m not one to go down this rabbit hole. But I feel like cash is on its way out. Like within a few years.

Wife wanted Habit so I walk in and there’s a few kiosks to make your own order and pay by card. No biggie but I just grabbed a $20 so I need someone to ring me up.

It probably took 5-8 mins for someone to “serve” me. I’m noticing more and more that cash is an inconvenience to businesses. I understand why (theft, storage etc) but it’s kind of concerning that businesses would prefer a CC payment.

I had a similar experience at Habit. Lady said she was busy and to use kiosk. Strike one.

Placed order at kiosk and selected payment type. Would not take my debit. Strike two

Replaced order selected credit same thing. Strike 3.

Other coworkers had placed orders all ready at different kiosk that worked.

So I go to the counter and tell the lady only 1 kiosk works, she asked if I could use the one that worked. I said so because your kiosk don’t work I should go to the back of the line of the working kiosk?

Begrudgingly she came and took my order.

Eff Habit

 

[Racey]

If i visit a fast food type place, and they don’t take cash, i walk out. Plenty of other options.

This is the way

 

[hallett21]

I’m not even against cards. Happy to use them. But to me it’s concerning when you’re worried if a place will take your cash as payment.

 

[ChumpChange]

Cash is expensive to handle for companies, even banks. Dual custody required. And now that businesses are able to pass on credit card service fees to customers as a separate line item, I’m sure cash will be out even quicker.

 

[4Waters]

I’m not one to go down this rabbit hole. But I feel like cash is on its way out. Like within a few years.

Wife wanted Habit so I walk in and there’s a few kiosks to make your own order and pay by card. No biggie but I just grabbed a $20 so I need someone to ring me up.

It probably took 5-8 mins for someone to “serve” me. I’m noticing more and more that cash is an inconvenience to businesses. I understand why (theft, storage etc) but it’s kind of concerning that businesses would prefer a CC payment.

I had a similar experience at Habit. Lady said she was busy and to use kiosk. Strike one.

Placed order at kiosk and selected payment type. Would not take my debit. Strike two

Replaced order selected credit same thing. Strike 3.

Other coworkers had placed orders all ready at different kiosk that worked.

So I go to the counter and tell the lady only 1 kiosk works, she asked if I could use the one that worked. I said so because your kiosk don’t work I should go to the back of the line of the working kiosk?

Begrudgingly she came and took my order.

Eff Habit

Went to our Habit last week, they had 3 kiosks and a person standing at the counter. There was one person in front of us when we walked in ordering at the counter. By the time we finished ordering at the counter there were 3 or 4 families behind us waiting, while we were sitting at the table waiting on our order the line got several families deep and I never saw anyone go to the kiosk to order. There are some holdouts that's for sure

 

[hallett21]

Went to our Habit last week, they had 3 kiosks and a person standing at the counter. There was one person in front of us when we walked in ordering at the counter. By the time we finished ordering at the counter there were 3 or 4 families behind us waiting, while we were sitting at the table waiting on our order the line got several families deep and I never saw anyone go to the kiosk to order. There are some holdouts that's for sure

I get why “Habit” is doing it ( less employees etc).

But like you’re saying, the line of people can get crazy. Especially when it takes you or me 5 mins to ring up an order that an employee can do in 45 seconds.

 

[4Waters]

I get why “Habit” is doing it ( less employees etc).

But like you’re saying, the line of people can get crazy. Especially when it takes you or me 5 mins to ring up an order that an employee can do in 45 seconds.

Those kiosks aren't exactly easy to navigate for someone that doesn't work there

 

[fat rat]

When I have contractors people working for me, Its always cash. I keep a nice sum tucked away, usually carry $1000.-1500 in my pocket, old habit!

 

[Joe mama]

We are one major hack away from not being able to access our money. Keep your cash!

 

[Jay Dub]

The more these places go cashless. The more I use only cash. We have a Habit near the house. We like it and I always pay cash there and order from a person. no kiosk b/s.

 

[was thatguy]

Yes, cash is going the way of the buggy whip.
Frankly, I don’t understand why people covet “cash”?
I guess it’ll make ok fire starter in the future?
The time frame is anyone’s guess, but it will definitely be sooner rather than later.
I know cash heavy RDP’ers scoff and rattle their Sabre’s at the idea, but soon you will be walking out of everyplace you go if your patronage is based on cash acceptance.
And when ALL retailers turn down cash, and the “banks” start offering buy back at a % on the paper dollar, those 2 party cash deals will no longer happen.
Sorry, but that’s what’s coming.

 

[Done-it-again]

Most of Europe uses all debit and cc cards, no cash.

 

[Boatymcboatface]

Funny the car dealership service department at paradise Chevy charges 3% on credit but not if you pay cash. I still know of a few other places that are cheaper paying with cash. To many fees from CC companies now!

 

[Mandelon]

I use Dinar.

 

[Thing One]

There is a kiosk at the local El Pollo loco, but it has a cash option, super easy, but the bill in and change spits out. Even better, I don’t have to talk to some moron who haters their job.

 

[bonesfab]

Yes, cash is out. Please everyone, send me your cash and I’ll make sure they get recycled properly.

Or me. I will by cars while you would by carpets. probably smarter as they take up less room.

 

[Backlash]

Or me. I will by cars while you would by carpets. probably smarter as they take up less room.

And HIS carpets can fly better than our cars!

 

[DLC]

Let’s take a minute to think about cash in the bigger sense….

like governments and …. pallet's of cash to other countries….. or smaller - individual travel abroad

Fast forward….
In a cashless society say here in USA, What would cash be like in other countries ?

Would the dollar be worth less if it was electronic?


yep!

pretty deep for a Thursday….

 

[monkeyswrench]

Yes, cash is going the way of the buggy whip.
Frankly, I don’t understand why people covet “cash”?
I guess it’ll make ok fire starter in the future?
The time frame is anyone’s guess, but it will definitely be sooner rather than later.
I know cash heavy RDP’ers scoff and rattle their Sabre’s at the idea, but soon you will be walking out of everyplace you go if your patronage is based on cash acceptance.
And when ALL retailers turn down cash, and the “banks” start offering buy back at a % on the paper dollar, those 2 party cash deals will no longer happen.
Sorry, but that’s what’s coming.

I think that is the goal, to make if more appealing for business to do electronic only. Forced persuasion for the masses. I have always been a cash person to some extent. If I didn't have enough in my pocket, I didn't buy what I was looking at. The problem I see with strict e-comerce, is the control. Banks are already being told who not to deal with. With a strictly digital dollar, your life will be easily controlled by your spending. I'll be doing a lot of bartering I think.

 

[CammdSS]

I am over here using a card to collect Amex points...

Coins/cash sit in a safe - Points sit in an account. They are pretty much the same

 

[Crazyhippy]

I think that is the goal, to make if more appealing for business to do electronic only. Forced persuasion for the masses. I have always been a cash person to some extent. If I didn't have enough in my pocket, I didn't buy what I was looking at. The problem I see with strict e-comerce, is the control. Banks are already being told who not to deal with. With a strictly digital dollar, your life will be easily controlled by your spending. I'll be doing a lot of bartering I think.

This is part of the appeal in Bitcoin or the other crypto currencies. Just because your chosen bank has decided that guns are bad, and no longer will do any business with gun shops... Doesn't mean you can no longer buy guns. Just have an extra step or two.

 

[monkeyswrench]

This is part of the appeal in Bitcoin or the other crypto currencies. Just because your chosen bank has decided that guns are bad, and no longer will do any business with gun shops... Doesn't mean you can no longer buy guns. Just have an extra step or two.

The way I see it, I'm late to the party. I should have bought those a long time ago
The problem I have with Bitcoin is my old school need for something tangible...Not that I have any money anymore, but used to like how it felt!

 

[was thatguy]

I think that is the goal, to make if more appealing for business to do electronic only. Forced persuasion for the masses. I have always been a cash person to some extent. If I didn't have enough in my pocket, I didn't buy what I was looking at. The problem I see with strict e-comerce, is the control. Banks are already being told who not to deal with. With a strictly digital dollar, your life will be easily controlled by your spending. I'll be doing a lot of bartering I think.

That’s a philosophical debate, and 10 different people will argue 10 different “reasons”, pro and con.
Practically speaking, cash is a pain in the ass in modern commerce.

But the bottom line (excuse the pun) is that cash IS going to go away. Be it a conspiracy, or plot, or just natural progression.
And when commerce no longer values the paper dollar, guess what? No one else will either.
The paper will be worthless, nobody will want it as it has no value.

 

[monkeyswrench]

The paper will be worthless, nobody will want it as it has no value.

This is my excuse...I'm far ahead of the game. I have very little money, paper or otherwise to risk losing value

The way I see it, the dollar is imaginary already. The fed prints more by pushing a button already, changing the bottom line. They'll just expand what the banks already do, and transfer amounts with a server.

 

[bilz]

Keep using cards and help the govt keep tabs on you.
You people are playing right into their hands. Apple pay, Google wallet, f that.
Buy ammo with a cc and wait until gavin is potus.
When ins companies can check your bar tab habits.
Not paranoid but just not going to help.
As I posted in a Zelle thread, to much to go wrong.
Don't help them watch you.

 

[was thatguy]

This is my excuse...I'm far ahead of the game. I have very little money, paper or otherwise to risk losing value

The way I see it, the dollar is imaginary already. The fed prints more by pushing a button already, changing the bottom line. They'll just expand what the banks already do, and transfer amounts with a server.

The “dollar” is a unit of measurement, basically.

 

[was thatguy]

Keep using cards and help the govt keep tabs on you.
You people are playing right into their hands. Apple pay, Google wallet, f that.
Buy ammo with a cc and wait until gavin is potus.
When ins companies can check your bar tab habits.
Not paranoid but just not going to help.
As I posted in a Zelle thread, to much to go wrong.
Don't help them watch you.

How many unnecessary apps are on your phone?
Not just social media, but any app installed for “convenience” rather than a website login?
Believe me, your tilting at windmills.
“They” already know your habits (if they care to) and have for a long time.
You’re posting your opinion on an open source site right now. 8 billion people (potentially) can read it.
Do you know how many crusaders for all kinds of various causes simply read web sites or run scans for key words?
Anti gun, Anti off road, Anti boaters, political influencers (sup 529.5?) and on and on. Hell, a study a few years ago showed that the LAPD had 40 people in staff who’s only job was to scan social media.
Ins companies can know everything about your habits without ever glancing at your CC statement, lol.
Everytime you’ve ever clicked “I agree” you’ve sold a slice of your PII to someone who sells it to someone else.

 

[ChiliPepperGarage]

For those who want a cashless society, you may change your mind once they know they can freeze your assets any time they want.

No clot shot? No money!

No electric car? No money!

Not voting democrat? No money!

Don't think it will happen? This was done in Canada:

https://www.cnn.com/2022/02/20/americas/canada-trucker-protest-covid-sunday/index.html

 

[was thatguy]

For those who want a cashless society, you may change your mind once they know they can freeze your assets any time they want.

No clot shot? No money!

No electric car? No money!

Not voting democrat? No money!

Don't think it will happen? This was done in Canada:

https://www.cnn.com/2022/02/20/americas/canada-trucker-protest-covid-sunday/index.html

they can already do that.
It doesn’t matter what we “want”, it’s what is coming.
Canada isn’t cashless, and as you point out they froze assets just fine.
No one on RDP gets paid in bales of cash…well, some maybe, but not typically.
Most of all get direct deposits and money transfers. Your bank does not have a corner of their vault saved for your bale that they go peel some cash off of when a withdrawal or purchase is made. It’s all digital already.
A Cash society is already an illusion.
And THAT will be painfully obvious to some when the day comes when it is announced that you have 90 days to trade it in for full value…or something like that. After that some will have big piles of fire starter.
Will we be alive to see it? Who knows.
But that is what is coming like it or not.

 

[Bigbore500r]

Went to our Habit last week, they had 3 kiosks and a person standing at the counter. There was one person in front of us when we walked in ordering at the counter. By the time we finished ordering at the counter there were 3 or 4 families behind us waiting, while we were sitting at the table waiting on our order the line got several families deep and I never saw anyone go to the kiosk to order. There are some holdouts that's for sure

Was it the Habit on Madera? That place is a shit show lol
I stopped going there when I was working in Simi becuase I was tired of spending an hour trying to order then waiting for food

 

[PaPaG]

I read something years ago, If they can gain control and can track every single transaction at will, they have better control over us. Hmmm. Just a thought.

 

[4Waters]

Was it the Habit on Madera? That place is a shit show lol
I stopped going there when I was working in Simi becuase I was tired of spending an hour trying to order then waiting for food

No, Tapo

 

[hallett21]

Another interesting one is self checkout at Lowe’s or Home Depot. Typically only one will accept cash, which isn’t a problem since I’m buying material on a card.

I’m not sure why the method of payment matters? You still have to insert the bills so I would imagine counterfeits would be rejected.

 

[Havaduner]

Was very happy to see all the beer stands at the Supercat party last night accepting cash. Thanks RD!

 

[samsah33]

With 10+ million unbanked "newcomers," it won't happen any time soon. The banks will be happy to welcome our new guests with free accounts and free toasters, but most are coming from countries where they have a deep distrust for govt-run financial institutions and cash is king. The recent increase in the # of street vendors we're seeing lately is no coincidence.

 

[bilz]

My money in my pocket is a hell of a lot safer than a waitress carrying my card to the back of a dark bar.

 

[monkeyswrench]

Another interesting one is self checkout at Lowe’s or Home Depot. Typically only one will accept cash, which isn’t a problem since I’m buying material on a card.

I’m not sure why the method of payment matters? You still have to insert the bills so I would imagine counterfeits would be rejected.

I asked at HD why 2 were card only and two were both. They told me the money changer deals are more problematic, and this way they can swap the signs and have backups if needed, and only have to fill and empty 2.

 

[Bigbore500r]

No, Tapo

Sounds like that one is a shitshow too . . .

 

[4Waters]

Sounds like that one is a shitshow too . . .

It's not bad, it's popular. I'd rather get a burger from Habit than McD, Carl's or....