Should we get rid of cash?

Ever try to use an ATM in another country? Not easy. I don't carry much cash, except for kid's allowances (funny, the kids won't accept my cheques, so distrustful). And I live in Canada, Tim Horton's doesn't accept Debit or Credit cards. Sigh, I need my Tim's.

no cash? how am I supposed to run my "business"???

Abolishing cash....not even a little bit on board with it for a myriad of reasons:

1. Look at the issue from a lower socioeconomic standpoint....what happens to the people that do not have access to banks whether it be to due to transportation issues or even access to the internet which many people do their banking on right now.

2. What about people that understand the concept of cash but unable to balance what they have in the bank. I have worked with many children in special education that could figure out how to count money however to balance a checkbook may be overwhelming and they may need assistance.

3. What on earth is the toothfairy going to leave...a debit card??? Really, what a shame that would be.

4. Also from my understanding we spend less money when working in cash than credit or debit cards.

5. Often when we travel across different currancy formats the exchange rate is not as good when using credit cards.

6. How much money is skimmed electronically per year off of credit or debit cards as well as identity theft..is it more than cash stolen...I don't know, just a question, I would think that theft would become even higher.

7. Oh ya also some people have issues using credit/debit cards because they often track buying patterns and people have "big brother" issues and don't want companies or the government to track buying habits.

I can actually come up with many more reasons not to abolish cash, but honestly I am tired.....in saying all this I almost never have cash on me:-P I much prefer to use my debit card. But when we look at other populations, we have to see what might be good for them as well.

Lets go back to the barter system, i have 2 goats for ur one wife SOLD, see that was easy

I will give you 2 goats for a pec pop :bigsmile:

have enough goats already, got any rabbits

I cant eat those they are too cute, wha telse you got? a twin sister?

no cash? how am I supposed to run my "business"???

aww, you're from my neck of the woods in jersey huh? lol

How would I pay for all my extracurricular activities without Big Brother coming to get me?

I cant eat those they are too cute, wha telse you got? a twin sister?

Sister, yes...twin, no...curses...

Laura, I'll give you my sister to barter with.

the new way to make it rain!

I cant eat those they are too cute, wha telse you got? a twin sister?

Sister, yes...twin, no...curses...

Hey Laura...I have a sister..wonder if she'd mind if we offered her?

Ever try to use an ATM in another country? Not easy. I don't carry much cash, except for kid's allowances (funny, the kids won't accept my cheques, so distrustful). And I live in Canada, Tim Horton's doesn't accept Debit or Credit cards. Sigh, I need my Tim's.

You must have a special Timmy's. I live in Canada, too and use my debit card at Tim's all the time.