airdvr 210 #1 February 1, 2013 It would allow the government to track who owes what in taxes more easily and might put a dent in illegal activities. Hell, we're already there. If you forced me to sue plastic vs. cash my life wouldn't change one bit.Please don't dent the planet. Destinations by Roxanne Quote Share this post Link to post Share on other sites
rhaig 0 #2 February 1, 2013 when I do business with corporations, I use plastic because it's easier. When I do business with individuals, I use cash because it's easier for them. (unless they request otherwise) All outlawing cash transactions would do would be to drive the cash businesses underground. Any dent it might put in illegal activities (tax based I'm assuming based on your context) would be outweighed by the increase in tax fraud caused by underground cash businesses.-- Rob Quote Share this post Link to post Share on other sites
skinnay 0 #3 February 1, 2013 I'll just use bitcoins, good luck tracking that.. Quote Share this post Link to post Share on other sites
airdvr 210 #4 February 1, 2013 Quotewhen I do business with corporations, I use plastic because it's easier. When I do business with individuals, I use cash because it's easier for them. (unless they request otherwise) All outlawing cash transactions would do would be to drive the cash businesses underground. Any dent it might put in illegal activities (tax based I'm assuming based on your context) would be outweighed by the increase in tax fraud caused by underground cash businesses. Which could be offset by the inability to hide cash transactions as a normal part of business. I've seen many businesspersons take cash transactions 'under the table'.Please don't dent the planet. Destinations by Roxanne Quote Share this post Link to post Share on other sites
Rick 67 #5 February 1, 2013 every time you use a credit card you take the risk of credit card theft. theftYou can't be drunk all day if you don't start early! Quote Share this post Link to post Share on other sites
quade 4 #6 February 1, 2013 Having cash in a society protects freedom far more than you probably imagine. In a cashless society, you would not be able to buy a stick of gum without the government knowing about it. Under those conditions, how would it be possible to anonymously own the tools of dissent? It would be far, far worse than any gun registration you've ever thought about.quade - The World's Most Boring Skydiver Quote Share this post Link to post Share on other sites
babz 0 #7 February 1, 2013 Always a risk that is true. Putting systems in place such as chip and pin make it more difficult to commit fraud (in the UK it's very unusual for your card to leave your sight / hand during a transaction (a mobile reciever gets brought to your table at restaurants).. As a result, I rarely carry more than £10 cash with me and get by.. when google wallet / NFC with your cellphone makes it big it should make this a real reality.. However, some people just prefer cold hard cash.. Quote Share this post Link to post Share on other sites
aphid 0 #8 February 1, 2013 My Canadian credit and bank debit cards work just fine in Europe, Russia, Latin America, and the Caribbean, but to throw a little water on the parade... the last time I traveled through buttf**k Nevada (just one of a few examples), I couldn't get fuel with any card I carried. At $450 a fill, thankfully I had cash. For years Albertson's supermarket in Casa Grande (Eloy) also couldn't manage Canadian credit or debit cards. Fortunately they honoured Traveler Cheques. In all cases these were the newest chipped varieties. If you wish to promote a cashless society, first you might have to bring your entire nation into the 21st banking century. John Quote Share this post Link to post Share on other sites
Andrewwhyte 1 #9 February 2, 2013 QuoteMy Canadian credit and bank debit cards work just fine in Europe, Russia, Latin America, and the Caribbean, but to throw a little water on the parade... At what transaction cost? Last time I used a debit card in US my bank charged me a buck. That's fine for renting a room, not so good for buying gum. Quote Share this post Link to post Share on other sites
aphid 0 #10 February 2, 2013 $0.00 for retail transactions in town. 10% at Square 2 and Manifest. (They took my personal cheque though because they know me well). This was levied by the retailer. $0.00 to $0.50 for cash withdrawals at banks. (I only used Wells Fargo and BofA though). This charge was levied by my bank. $1.00 to $2.00 per transaction when getting cash from those silly machines at Bars. Don't use independent Cash Machines Andrew anywhere... it's no different at home. These charges were levied in combination at the machine as well by my bank. I used the cards only for purchases exceeding $20.00. Until all American retailers will accept CDN cards, AND, don't place a minimum retail value required, there will be a need for cash. John Quote Share this post Link to post Share on other sites
Bignugget 0 #11 February 2, 2013 QuoteIt would allow the government to track who owes what in taxes more easily and might put a dent in illegal activities. Hell, we're already there. If you forced me to sue plastic vs. cash my life wouldn't change one bit. Well the 3% the credit card companies take for processing would need some work. I buy/sell cars for a second income. EVERYONE pays in cash. I'd take plastic if it didn't cost me money. Quote Share this post Link to post Share on other sites
aphid 0 #12 February 2, 2013 Off-Topic but kinda cool... I have it on good report that Tsunami Skydivers (Rich Grimm) accepts Canadian twoonies towards jump-tickets. John Quote Share this post Link to post Share on other sites
Bignugget 0 #13 February 2, 2013 I thought they were TOONIES and LOONIES. Is that wrong? what is a twoonie? Quote Share this post Link to post Share on other sites
killler 2 #14 February 2, 2013 A skydiving friend owns a market/gas station ... Last year they paid out $89,000 in fees for debt and credit cards... It's cheaper to give the guy the .75 cents soda then take a debt card ....They are now moving fees away from the merchants and putting them on the card holder... We'll see how that goes...And I'm a cash on everything guy.. The wife puts everything on one card and then just pays the card off at the end of the month... She likes the points and the easy way to track money..killler Quote Share this post Link to post Share on other sites
OHCHUTE 0 #15 February 2, 2013 Banks want to do away with cash. This way they get a fee on every transaction. Quote Share this post Link to post Share on other sites
aphid 0 #16 February 2, 2013 Loonies ($1 coin) are so nicknamed because of the bird on the reverse. Twoonie's ($2 coin)... well, I'm sure folks can figure that out. Not everybody chooses to spell the number the way I do. John Quote Share this post Link to post Share on other sites
wayneflorida 0 #17 February 2, 2013 QuoteLoonies ($1 coin) are so nicknamed because of the bird on the reverse. Twoonie's ($2 coin)... well, I'm sure folks can figure that out. Not everybody chooses to spell the number the way I do. John I'll take a few pinkies. Quote Share this post Link to post Share on other sites
aphid 0 #18 February 2, 2013 Quote I'll take a few pinkies. Quote Share this post Link to post Share on other sites
BIGUN 1,491 #19 February 2, 2013 So one pinkie is worth 72.9 KB Canadian?Nobody has time to listen; because they're desperately chasing the need of being heard. Quote Share this post Link to post Share on other sites
aphid 0 #20 February 2, 2013 Check current exchange rates... To paraphrase the movie: "Par is good, donkey" http://www.xe.com/ucc/convert/?Amount=1000&From=CAD&To=USD Quote Share this post Link to post Share on other sites
