Are We Moving Towards a Cashless Society?





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Published on Mar 14, 2012

Have you ever wondered if one day, cold, hard cash, will simply cease to exist? As more transactions are carried out via credit, online or on your smart phone, paper money and coins have become an inconvenience. David Wolman, author of the "The End of Money" went one year without using cash, with a few exceptions; he joins the show to discuss.

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Comments • 34

Funny how my earlier comments disappeared so completely. Cashless is a control tool. CASH is you in control. Cashless is the bank (and government) in control. In a cashless economy someone else keeps your money for you. Instead of paying you interest, they'll charge fees, negative return. Plus e-money can disappear or go offline. CASH is high availability. Cash also prevents identity theft.
your money can be lost in an accident or physically damaged or stolen.... alternatively you could trust a fucking bank with your money then it could be lost in a financial accident or digitally damaged or stolen....
You will always need cash... to bribe a cop for example
I was traveling through the US and everywhere i turned i was asked for my credit card. I thought it was very inconvenient. I think we should have a choice to be able to use cash are credit. Isn't choice a fundamental right for those living in a FREE society. You take away are cash and you take away our FREEDOM. 
A future Thomas Freidman II. The same clueless arrogant disregard for people, and blind faith in techno-corporatism. All that's missing are cutesy word-plays like "Cashless Manifesto 2.0" or some such Friedmanian shit.
Has anyone else besides me noted the electronic usage fees charged at numerous establishments? I have, and they can range anywhere from $.20-7.00! My local pizza place would charge me $.80 on a $6.00 order. Make our society cashless and we'd effectively be adding another "tax" on spending imposed indirectly by the credit card companies.
This idea forces people to have to "plug in" to a system that would illiminate barter or trade which is the course we are on right now. It will segregate more people from each other. Technology is good for some things but more and more it is seperating the "have's" from the "have not's".
well he is a j e w
well he is a jew
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