Do you think cash should be abolished?

When all currency becomes nothing but ones & zeros in a computer where do you think the next terrorist attack will be? ONe good virul attack could wipe out a countries economy completely.

Good point. Those things happen sometimes, and I don't know how they are going to handle that if there is nothing but cards. Sometimes when I visit a restaurant or shop, I am told "Sorry, you can't use cards today, because the machine broke down and we are going to have to ask you to go an ATM and get some cash" Then we go and get some cash and the problem is solved, but what would they do if cash wasn't an option?

You never know, we might go back to a barter system and destroy the banks. We can dream...

The transactions between two people is also one of things that I thought about when I heard about this suggestion. It is very convenient to use cash in that situation. We have netbanking we can transfer money to the other person, but it is much easier and faster to use cash for instanse if my friends and I want to split a bill. Many people like your granddaughter prefer to use cash and they would be affected if they made that kind of rule. I think it is unfair that people who prefer cash would have to pay more money than people who pay with debit or credit card.

Here in the U.S. Some of the banks tried to put a fee on the debit cards but that fell through.

I also think that there will come a time when cash will no longer exist and when electronic payments will be the only kind of payments, but I hope that it won't happen now. Debit cards were introduced in my country in the early 1980's and before that time everyone used cash and checks because that were the only possibilities that existed. Today a lot of people only use debit cards and that is why I think that it will be the only kind of payment one day, but I don't think that would be right to abolish cash now.

I also think it is bad idea. The people who made the suggestion think that cash is oldfashioned. They say that cash was a big improvement when it was invented because the alternative was a situation where people had to trade things, but today cash is totally oldfashioned. I don't agree with that. I think that we still need cash and many things would become more complicated if there was no cash. I think that one of the biggest problems is the people who don't have a card like some people from the older generation or children. My grandmother is one of the people who doesn't have a debit card. The bank persuaded her to get a debit card instead of a bankbook, but she never used it and after a while she went back to a system that she was used to (a bankbook)

Fortuneately it is still a suggestion and not something that they have decided, and I hope that the suggession will be rejected and they don't actually do through with this. When I read about the suggestion my first thought was: "Oh no, this is a terrible suggestion" it might happen one day in the future, but I don't think that we are ready for that kind of society yet.

I also think that is would be best if we are still able to use cash, because there are some advantages about cash. Like you say it is easier to keep track of the money that we spend if we use cash. When we use a card it is hard to remember exactly how much money we have spent and we might spend too much. One of my friends had that problem, he used his credit card all the time and today he has lots of debt, because he spent far too much money.

Exactly. There are a lot of small transactions that would be ridiculous to pay with a card. Besides that, I think using cards cost the merchant every time. Maybe that's why they want to abolish cash?

A lot of things would be impossible without cash and are there are still some small shops, markets, fairs and other places where you can't use the cards. Every summer we have a lot of fairs around the country and you have to use cash whenever you want to buy something at one of those places. Without cash I don't see how they would survive.

Yes, for small purchases cash is the best option. I have a card, but I don't want to use if I just want to buy a cup of coffee, some chocolate or something like that. We always keep some coins in the car and if I want to buy a small thing while I am driving I just grab some coins and go to the shop. It would find it annoying if I had to use my card all the time. The card is a convenient thing when I want to buy something expensive, because I don't have to carry a lot cash in my wallet, but I hope that we will still be able to use cash for small purchases.

I don`t think that such a situation,cashless situation i mean, will ever arise either now or in the future.The gap between the rich and the poor is getting wider than ever day by day.

I don't think that we will have a worldwide cashless society, I think that would be a very unrealistic idea, but in my own country I am not sure. The people who suggested a cashless Danish society are very serious about it and they consider cash very oldfashioned. I don't agree, it is true that a lot of people in my country only use cards today, but I still don't think that it would be a good idea to abolish cash.

In my country the majority of people have debit and credit cards, but there are still people who don't own any cards like some people from the older generation or people with mental disabilities, and I think that it wrong that those groups of people have to pay more money for the things they buy just because they don't have credit or debit cards. That is the situation in my country, but seen in a bigger perspective the idea seems even more unrealistic, because you are right that are many people who don't have bank accounts or cards. How would they be able to manage if cash payments weren't an option?

I also think that they want money. Some years ago they introduced a fee on credit cards and you had to pay about 10 cents each time you used a credit card, many people were against it, and the rule was abolish after a while. Now they want to create a rule about cash instead and they want us pay a fee each time we use cash. I hope that this suggestion will be rejected.

You are right, it is much easier to control your spending when you use cash. When you use a card you might forget how much you spend. Of course you can write down the amount every time when use the card, but how many people actually do that? When the cash is gone you know that you have spent the money, and that is a much easier way to keep track of the money you spend. I use a combination of cash and my debit card. I pay for expensive things with my debit card, but I prefer to use cash in my everyday life in order to keep track of the money that I spend.

I also think that it would be impractical if we had to chose cards all the time. Cards are useful in some situations for instanse if we want to buy something expensive. If we use a card we don't have to carry lots of cash around, and we don't lose all the cash if we become a victim of theft, but for smaller purchases I prefer to use cash and I know that many people feel the same way. I think the cashless society might become a reality one day, but I don't think that now is the right time, because they are still many people who don't a card and don't want one.

Yes, many do not have it and do want to have one. Like me~(^^)

They people came up with the idea say that it is cheaper for society to use credit cards instead of cash, because when you use cash the shops have to count it, spend money on transportation etc and it easier and less expensive when people use credit cards. They hope that they can "force" people to use credit cards if it gets more expensive to use cash. I don't like the idea, because it would makes things more expensive for people who don't use credit cards. There are still many people from the older generation who don't don't know a debit card or credit card and aren't interested in getting one and they would be "punished" for this if we a get a law like they suggest.

Yes hope so will rejected.not good if will publish and there is troubles on that.they should think that some people can't afford it,and also they get money from people.

I also think that there are advantages about cash as well as advantages about debit cards. I use my debit card when I want to buy something expensive and it is easier than carrying big amounts of cash around in my wallet. It is also safer than carrying a big amount of cash in my bag in case my bag gets stolen. In situations like that I think that debit cards are an advantage, but there are also advantages about cash, and it is much easier to control your spending when you use cash. You know when the money is gone and you don't get into debt.

That is a good idea. Lets throw the cards in the trash and keep the cash I know a lot of people who would find it very hard to live without the cards, but I am not one of them.

When we want to buy something on the internet credit cards are very convenient. I also use my credit card to pay for the things that I buy online. When I visit offline shops I use cash when I buy small things and I use my debit card when I buy big things. I think it is easier to use cash when I buy small things and I would be sad if they decide to abolish cash completely.