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| No cash in the future |
| 12.03.05 (9:41 am) [edit] |
|
Does it bother anyone slightly that in the future there will be no cash? Think about it: You get paid in a check or you get direct deposit. You pay your bills the same way; either with a check, or online through your credit card, or some banks will automatically deduct the billing price. When you go to actually buy something in person (as opposed to online with credit cards also), you pay with some type of card; ATM, Credit, or Gift. (Remember gift certificates? Paper symbolizing money. Now you can buy gift cards at the grocery store). When you have to get cash, it's a big inconvinience. But what do you use to get it? A card. Even McDonald's and some vending machines are switching to card-friendly formats. I know that I am less likely to patronize a business that doesn't take charge. If cash is elliminated, what does that mean you work for? At least if you work for the cash it's something tangible you can hold and see. If money is elliminated, that means you work on faith; faith that the invisible units that we tell ourselves represent 100 pennies * X actually will be accepted when we need/want the physical thing. Maybe you will be able to go to the bank and exchange the invisible units that may or may not be there for paper dollars. But what good is that if no one accepts it anymore? I guess all these issues came up when we went off the Gold Standard; even the cash is only worth something because we say so; a $1 bill and a $100 bill are printed on the same type of cotton. One is only worth more becasue everyone accepts that it is. Everyone has to agree then that the invisible money that exists only as representations of 1's and 0's is worth the same thing as the cotton with a 1 printed on it. It's just disturbing to me because I think of all the things that could go wrong over litterally nothing. Anyway... |
posted by: onebadjen (reply)
post date: 12.03.05 (8:49 pm)
gawd... don't even get me started on direct deposits and debits! i hate my bank.
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