I printed a device on my 3D printer that unlocks these tethered trolleys, fortunately the trolleys at my local supermarkets are free to roam but it comes in handy in Canberra where it is the law that they be tethered (I think, because they always are)
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Maybe we need to boycott places that donât take cash?
Iâm sure they would soon have a rethink.
There was an article in a newspaper (canât remember which one) which was advising people to stock up with cash as the number of outages are getting worse, even ATMâs are in danger of being hacked. Although I do use my card for a lot of transactions I also ensure I have a supply of cash.
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Those places that no longer accept cash realise that they would lose some trade.
But there are enough people willing to use card only to keep them afloat.
The only place I know that wonât take cash is my local designer butcher. But I can see the reasoning: theyâd rather not be handing out blood soaked change.
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Fair point, Mr d00d. We use cash local trades - window washer, the bin cleaner, and not a lot elseâŠ
Why would they care if a few customers boycott them? Most wonât bother, handling cash costs more time and money than card transactions.
I am very happy to use cards though I do keep cash for emergencies.
However as cash is now more expensive to use than card transactions I think it should be free - I can see another letter to my MP coming up.
Not for us.
While that might be true for the individual it costs business a lot in time and transport to get cash to the bank whereas card transaction are instant money in the bank.
it cost the banks $50 to bail out Armaguard guess who ends up paying that?
Cash was only used in 16% of transactions in 2022 according to the Reserve Bank. Presumably it is even less now.
I suspect cash will remain but who uses it except at Op shops and sausage sizzles? Even cheques will disappear in 2028
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The banking industry plays a significant role in promoting digital and cashless transactions, although itâs part of a broader trend driven by various factors, the main overriding factor is the Banking Industry will receive a % of every transaction made, profiting from both consumers and businesses. Current generation may slow this transition, but as generations go by digital / cashless transactions will become the norm.
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I am sure that by 2045 there will be no cash circulating.
Those stashing cash under the mattress will be told, bank it or lose it.
Something like 2 years notice will be given, cash will be dispensed of in the year�