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SVTPerformance's Chain of Restaurants
Road Side Pub
How much longer until we're a cashless society...redesigned bills not accepted...
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<blockquote data-quote="FIVEHOE" data-source="post: 14563065" data-attributes="member: 140030"><p>as someone who only uses plastic to pay for things, imagine how annoying it would be if you had to freeze your account and order new cards because one of the places you constantly use the card on recently got hacked (target, Jimmy Johns, HomeDepot). </p><p></p><p>cash is essentially king because it cannot be linked to you. People cannot hack personal information from businesses via cash transactions. The only way cash will disappear is if our government decides it is more cost effective to stop printing currency and transfer to digital (this would require HUGE amounts of money spent on cyber security). It would not surprise me if the government stopped making pennies, nickels, and dimes. I'm not even sure if they are cost effective to make into currency at this point. </p><p></p><p>But until we can stop hackers (I doubt this will happen anytime soon, if ever), then converting everything digitally just doesn't make sense.</p></blockquote><p></p>
[QUOTE="FIVEHOE, post: 14563065, member: 140030"] as someone who only uses plastic to pay for things, imagine how annoying it would be if you had to freeze your account and order new cards because one of the places you constantly use the card on recently got hacked (target, Jimmy Johns, HomeDepot). cash is essentially king because it cannot be linked to you. People cannot hack personal information from businesses via cash transactions. The only way cash will disappear is if our government decides it is more cost effective to stop printing currency and transfer to digital (this would require HUGE amounts of money spent on cyber security). It would not surprise me if the government stopped making pennies, nickels, and dimes. I'm not even sure if they are cost effective to make into currency at this point. But until we can stop hackers (I doubt this will happen anytime soon, if ever), then converting everything digitally just doesn't make sense. [/QUOTE]
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SVTPerformance's Chain of Restaurants
Road Side Pub
How much longer until we're a cashless society...redesigned bills not accepted...
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