The Bill acknowledges that cash is a critical tool for vulnerable populations like those inrural communities, the elderly, and low-income earners who may experience barriers to digital banking.
Because this is the most pressing issue facing the country right now.
Digital is excellent for retail, and retail hates cash because it’s work to handle, so not surprising they want it gone.
But cash is important for exchanges between people. Buskers, spotting a stranger’s bus fare, etc.
Particularly escaping abuse - how are you supposed to leave the iron fist of a parent or partner, who controls the accounts; when you can’t use cash to get food or board? How do you leave?
Nobody was trying to make using cash illegal. This is a bunch of insane idiots who all of a sudden decided that using cash was going to be illegal any day now and are pushing this useless legislation in order to appease the flat earthers that are their voters.
I’m tired of talking about cash and being compared to flat earthers scared of the government tracking them. Don’t bring them into this, right now you’re talking to me, not them. I’m begging you to listen to what I’m saying.
Retail doesnt like cash. Its annoying to handle, costs money to count and deposit. They have to have cash on hand for change, and they have to account for loss from miscounted change or poorly supervised employees scooping the till. But currently, retail has to accept cash as legal tender.
If you make society cashless, if you give businsses the right to be card only, to not handle cash; then most of them wont. You make cash almost useless.
it’s not about cash being illegal. It’s about businesses not being obliged to accept it.
As it is, sometimes I cover for a friend and I beg them to just pay me back with a bank deposit because if they give me $50 notes the only place I can reliably use that is the supermarket, where less and less of their self-checkout machines support cash (and if my flatmates do Click and Collect, it can’t help me pay them because they don’t want it either).
Or they’re making me do a special trip to a bank that is barely open anymore (because most services are online-only) just so I can deposit it into something I can use for all my other online-only services.
It doesn’t need to be illegal, it just won’t help you.
Sorry but that’s a bit too paranoid for me. As you said currently businesses have to accept cash so why do you need a law that says they have to accept cash? It’s already the law. If you ask me this is a dumb requirement. Why should businesses have to accept cash? They aren’t forced to accept credit cards of EFTPOS. They should be able to choose any kind of payment they want. If you don’t like it go to the next business.
If you make society cashless, if you give businsses the right to be card only, to not handle cash; then most of them wont. You make cash almost useless.
How do you know most of them won’t? There are cashless societies out there and most businesses still take cash.
Nobody is trying to make cash illegal.
Finally I am not buying your story about how your friends don’t want you pay them in cash. You shouldn’t have added that to your list of woes.
Paywalled, but based on the headline: good.
Digital is excellent for retail, and retail hates cash because it’s work to handle, so not surprising they want it gone.
But cash is important for exchanges between people. Buskers, spotting a stranger’s bus fare, etc.
Particularly escaping abuse - how are you supposed to leave the iron fist of a parent or partner, who controls the accounts; when you can’t use cash to get food or board? How do you leave?
Nobody was trying to make using cash illegal. This is a bunch of insane idiots who all of a sudden decided that using cash was going to be illegal any day now and are pushing this useless legislation in order to appease the flat earthers that are their voters.
I’m tired of talking about cash and being compared to flat earthers scared of the government tracking them. Don’t bring them into this, right now you’re talking to me, not them. I’m begging you to listen to what I’m saying.
Retail doesnt like cash. Its annoying to handle, costs money to count and deposit. They have to have cash on hand for change, and they have to account for loss from miscounted change or poorly supervised employees scooping the till. But currently, retail has to accept cash as legal tender.
If you make society cashless, if you give businsses the right to be card only, to not handle cash; then most of them wont. You make cash almost useless.
it’s not about cash being illegal. It’s about businesses not being obliged to accept it.
As it is, sometimes I cover for a friend and I beg them to just pay me back with a bank deposit because if they give me $50 notes the only place I can reliably use that is the supermarket, where less and less of their self-checkout machines support cash (and if my flatmates do Click and Collect, it can’t help me pay them because they don’t want it either).
Or they’re making me do a special trip to a bank that is barely open anymore (because most services are online-only) just so I can deposit it into something I can use for all my other online-only services.
It doesn’t need to be illegal, it just won’t help you.
Sorry but that’s a bit too paranoid for me. As you said currently businesses have to accept cash so why do you need a law that says they have to accept cash? It’s already the law. If you ask me this is a dumb requirement. Why should businesses have to accept cash? They aren’t forced to accept credit cards of EFTPOS. They should be able to choose any kind of payment they want. If you don’t like it go to the next business.
How do you know most of them won’t? There are cashless societies out there and most businesses still take cash.
Nobody is trying to make cash illegal.
Finally I am not buying your story about how your friends don’t want you pay them in cash. You shouldn’t have added that to your list of woes.