Cash, tax evasion and the black economy.

[handyjack]

or online payments.

How do you use cash for an on-line payment?

 

[JBR]

Cards have the advantage of the card issuer being jointly liable if anything goes wrong with a purchase, within certain limits.

 

[PBC_1966]

But it's not just a case of the 'convenience' of credit- and contactless cards and such like, it's far more sinister and could ultimately lead to control of what - and where - we spend if every single transaction is digital.

Not to mention the governmental threat of "suspending your transaction privileges," or however they'd try to phrase it, if you fell foul of some petty regulation. Just imagine how it would gradually develop until more and more petty little bureaucrats could put a hold on all your dealings on a whim until you agreed to their demands. Therein lies the road to tyranny.

 

[terrypin]

The Road to Tyranny.
Was that a Bob Hope/Bing Crosby film? If so I need it to complete my 'The Road to' collection.

 

[ladylola]

If they then outlaw cash, perhaps people would revert to barter.

Having done a few jobs for that very principal of barter with no money changing hands I asked about it in a thread I started some time ago but the responses weren't that positive , most doubting that the majority would have anything to actually barter with.
As a precaution I tend to keep a few thousand in cash close at hand. Cards and electronic transfers are great and dandy but completely vulnerable to power cuts and the like.

 

[JBR]

If they then outlaw cash, perhaps people would revert to barter.

Having done a few jobs for that very principal of barter with no money changing hands I asked about it in a thread I started some time ago but the responses weren't that positive , most doubting that the majority would have anything to actually barter with.

There's my wife!

 

[tony1851]

If they then outlaw cash, perhaps people would revert to barter.

Having done a few jobs for that very principal of barter with no money changing hands I asked about it in a thread I started some time ago but the responses weren't that positive , most doubting that the majority would have anything to actually barter with.
As a precaution I tend to keep a few thousand in cash close at hand. Cards and electronic transfers are great and dandy but completely vulnerable to power cuts and the like.

As happened to the Greeks in the summer, when they were limited in how much cash they could withdraw.
(though I'd like to be able to have a few '000 in cash anywhere, not just 'at hand'!)

 

[terrypin]

If they then outlaw cash, perhaps people would revert to barter.

Having done a few jobs for that very principal of barter with no money changing hands I asked about it in a thread I started some time ago but the responses weren't that positive , most doubting that the majority would have anything to actually barter with.
As a precaution I tend to keep a few thousand in cash close at hand. Cards and electronic transfers are great and dandy but completely vulnerable to power cuts and the like.

As happened to the Greeks in the summer, when they were limited in how much cash they could withdraw.
(though I'd like to be able to have a few '000 in cash anywhere, not just 'at hand'!)

Not just the summer.
A pal of mine was returning his house and halfway through had a cap on how much he could spend on his cards.

 

[gas112]

would just love to see the Q`s in pubs nightclubs etc if no cash technology is too slow for fast customer dispersal

 

[nickso]

or online payments.

How do you use cash for an on-line payment?

You don't and I didn't say you could.

 

[handyjack]

You don't and I didn't say you could.

Just checked your original post and I agree, you didn't.