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Comment by throwaway22032 | Hacker News Reader

throwaway22032

The simple answer is to reject the cashless society.

In the medium to long term it's simply incompatible with any reasonable definition of freedom. Surveillance is bad enough, but a system that allows governments to arbitrarily "turn off" thousands or millions of people at the push of a button is too powerful to not be abused.

Even the mere existence of such a system has a chilling effect. Which I suspect is precisely what these people want and is exactly why we can't give it to them.

I'll take inconvenience over slavery any day of the week.

This isn't some sort of anarcho-libertarian paradise opinion, I have no issue with there being a well functioning justice system.

But yeah, if you want to seize assets, get a court order and go and lock someone in a box and take their things, don't take the cowardly way out and pretend that you've just flipped a database key and it's not really a big deal.

By the same token, if you tell me there's been a murder on my street I'll give you the CCTV footage of my door cam. If you ask me for a backdoor, I'll tell you where to shove it. That's what being a member of a free society is, that seemingly minor distinction is one of the most important things we have and better minds than mine have sought to elaborate on why.

Even a child is able to understand that force is still force regardless of whether it involves the direct visible physical kind.

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> The simple answer is to reject the cashless society.

No, that battle is lost. Cashless is easier and more convenient, it's hard to beat that. We need more constitutional human rights. It's not okay to take or freeze somebody's money/property without any court decision.

Edit: some of the answers assume that I'm against cash or that by saying "battle is lost" I mean cash is gone; My point of "cashless winning" is that most people in their daily lives prefer using cashless forms of paying, both online and offline, and they don't hoard bills under their beds; even when using ATM to get some cash, you are still using the cashless system to do that (your card and your bank account); so how are you going to do that if it's frozen?

As long as bitcoin exists, the battle is not lost.

Any dreams of Bitcoin replacing cash died years ago.

More specifically the dream of bitcoin replacing cash died in 2017 when changes were made to the protocol. Bitcoin became cost prohibitive to use for small transactions (less than several hundred dollars) and the addition of a feature called 'replace by fee' meant that small transactions weren't immediately reasonably trustworthy and you would have to wait for one or more confirmations on the blockchain.

Bitcoin is hardly cost prohibitive. When was the last time you sent a transaction? The last one I sent cleared at 2sats/byte and was <$1. Are you going to buy your coffee with it? No, probably not, but that hardly makes it a useless as currency replacement. Replace-by-fee doesn't make small transactions any less trustworthy either, since you should never trust any unconfirmed transaction (by definition, if its not on the blockchain its not yet a transaction). Furthermore, the lightning network blows away the competition in terms of cost per transaction, and while not perfectly trust-less (unlike the base layer) it has far less custodial risk than a bank or credit card account. If for example your counter-party goes rogue, at worst you just close the channel resulting in a rollback to the last settled balance state, minus an on-chain fee.

Don't you think the custodial nature of lighting network opens it up to the same type of censorship we're seeing with bank transactions in Canada? What's stopping governments from blacklisting wallets and pressuring LN nodes from transacting with them?

Good luck shutting down or controlling thousands of nodes on the Tor network.

Don't see how any government could reasonably pressure enough nodes in that way, particularly ones that are in other jurisdictions.

Source?

Bitcoin is useless to the vast majority of people as a cash substitute. If you want people to use your decentralized currency it needs to be an actual currency, which means 1. easy to transfer and 2. predictable store of value. Without monetary policy bitcoin will never accomplish 2. They're a very long way off from 1 too.

> Without monetary policy

You are the enemy.

There was a burrito shop on my block that had a bitcoin pay terminal (well, they had a bitcoin atm like device to get cash at)... they've gone out of business and I haven't seen another one since - some POS terminals have bitcoin support I've heard, but I haven't seen one yet... Until I can buy a coffee with bitcoin at Tim's bitcoin is not a serious competitor to oppose the cashless society.

What makes Bitcoin any more resilient in this scenario?

Govt mandates businesses carry insurance, insurance company releases list of Bitcoin wallets that their patrons are forbidden to have interacted with. Done.

> Govt mandates businesses carry insurance

Insurance against what risk? The risk of receiving money that was once owned by a criminal? If the government is going to make that illegal, then you can just list that as your concern, without introducing the extra complexity of insurance companies.

So does bitcoin work without the internet? Otherwise, does everyone have internet and the devices to access it? How is bitcoin any better than other digital payments/assets?

Without any internet at all, or without the payment device having constant internet access? Because you can transmit a bitcoin transaction over NFC, Bluetooth, QR codes, etc to the receiver, who can then broadcast it at their leisure.

Yeah with no internet at all, Bitcoin along with all modern financial infrastructure breaks down.

A few months ago, it cost $4 in BTC transaction fees alone to buy a $2 bottle of soda. Last spring, it cost $60 in transaction fees to buy a $2 bottle of soda.

You did not mention the Lightning Network, where fees are negligible. You cannot seriously research on bitcoin without coming across the Lightning Network.

Off-chain solutions to the inherent inefficiencies of blockchain applications also sidestep the advantages that cryptocurrency proponents promise blockchains will bring.

How? Is permissionlessness and decentralization inherently harmed by using the Lightning Network?

Not really. Lightning is build on top of Bitcoin, every Lightning payment is a real Bitcoin transaction that can be settled to the network if necessary. It has all of the benefits of Bitcoin, plus higher throughput, enhanced privacy, lower fees, and faster settlement.

That is no longer true. I recently topped my sim card for $3, then $1 with Bitcoin, while on vacation in Egypt. Either transaction cost me something like $0.001.

Conveniently ignoring lightning payments.

If you base your life purely around some nebulous definition of convenience, then you are not living, you are following the path of least resistance.

In a few short years or decades it will be more convenient to simply plug yourself into the wall. What then?

"We" simply accept that the real world is too inconvenient? Too resource intensive, too difficult, too ugly?

You do you, boo, I ain't down for that.

Well, considering the "real world" too inconvenient and seeking ways to make it less so is what humanity has been doing for millennia, right? Most people use a washing machine rather than washing their clothes in the river, because indeed, the latter is too resource intensive, difficult and ugly if you have an alternative.

Of course, this doesn't mean that a technology that provides convenience can't come with hidden costs, and the cashless society indeed comes with risks. That's where the interesting debate is IMO, but the fact that people value convenience is quite reasonable and not new.

Sure.

Using cash is not actually inconvenient though.

I often find that people use the term "convenient" to mean "more pleasing to me" which is completely different.

It's not more convenient for me to buy milk from Amazon than it is for me to get it from my corner shop, it might be more pleasing if I didn't like seeing or talking to people. Those are two different things.

By contrast if I had to wash my clothes in a river it would take me literally hours of manual labour every week and they wouldn't be as clean.

Having to carry pieces of paper around, and getting pieces of metal as change is inconvenient. Come on people.

I'm literally sat at my desk inside my house with cash in my jeans pocket now.

It's a total non issue. You probably have a bank card or phone in your pocket or on your desk.

Some of us even use _note books_. Insane, I know.

> I'm literally sat at my desk inside my house with cash in my jeans pocket now.

Which you, at some point, had to withdraw from an ATM. And which slows down your transaction time at a checkout.

I do have a phone in my pocket. I would have my phone in my pocket anyway. It's great that it now means I don't need to manage bits of paper and metal too.

Neither of those are true, but yo, whatever, in your life I guess they feel like they have to be. Good luck, fellow space cadet.

>No, that battle is lost.

How is it lost? Jurisdictions like New Jersey, Rhode Island, San Francisco and Philadelphia have legislated that businesses must accept cash.

There are bills being worked on at the federal level.

https://www.congress.gov/bill/117th-congress/house-bill/4395

Lost in the sense of look around how people are spending their money. I'm very happy for that law, and hope common sense will prevail and cash will be around for a long time. But you can't deny that vast majority of money transactions in the modern world is cashless. Hence my point that the battle is lost - if you take away average person's right of using their credit cards or bank accounts, how are they supposed to pay their bills or buy food?

Falling back on cash helps here, but you are not wrong.

It is an important matter! Needs to be worked through, rights established and enforced.

I just realized last night that the self check outs at Walmart don't accept cash, as far as I can tell, and that the only choice is to use their regular till but that is staffed by one person so it is always a long wait which is what I am sure Walmart has planned to discourage its use.

>I just realized last night that the self check outs at Walmart don't accept cash, as far as I can tell

They do where I live.

All of the purpose build self checkout machines at Home Depot are cashless but all the ones that can be operated by an employee do cash when in self checkout mode.

> I just realized last night that the self check outs at Walmart don't accept cash

The machines fall back to credit/debit only when they need to restocked with cash or coins, or if the machine needs to be serviced. Some stores don't want to pay for the labor needed to maintain their cash features.

The last time I was in a Walmart was over a year ago, but their machines took cash.

I looked and these ones do not. I wonder if the helpers could print out a receipt and walk you over to customer service and check out there but these machines do not have the ability to take cash or dispense it like some I have seen at other places. I will bother to ask the helpers next time I am up there.

> How is it lost? Jurisdictions like New Jersey, Rhode Island, San Francisco and Philadelphia have legislated that businesses must accept cash.

It's lost because they’re mostly legislating that “storefront” businesses must accept cash when both having storefronts and accepting cash are things businesses are less interested in. So, what they have actually done is accelerate the death of storefronts rather than assure that cash is usable.

> No, that battle is lost. Cashless is easier and more convenient.

Incorrect, the battle is partly won in several U.S. cities (including NYC & SF) which passed laws to mandate acceptance of cash.

However, cash-acceptance laws were mostly motivated by the unbanked, who are now being used to justify the introduction of nation-state CBDCs. China's CBDC is two-tier and preserves retail bank competition. People close to the current admin have proposed a 1-tier CBDC that would eliminate retail banks from payment processing, perhaps relegating them to fintech data processors.

The long-term answer is both: encourage bearer currency (cash, precious metals, zero-knowledge crypto) to anchor one edge of the Overton window with an existence proof of freedom from surveillance and kill switches, AND impose regulation on digital systems to enforce constitutional rights. 99% cashless doesn't work for tyranny, because there are escape valves. We can and must defend those exceptions, while "digital due process" is slowly constructed.

Remember when e-commerce was not subject to sales tax? For more than a decade, the playing field was not level. Today, large websites are almost unusable for buying popular items at risk of counterfeiting, and there is little online price advantage over Main Street. If you have access to a local branch of Japanese bookstore Kinokuniya (https://usa.kinokuniya.com), it's a joyful 3D curated experience vs. the chore of navigating an online bookshop with questionable reviews. The online-offline playing field is now less tilted.

Today, cashless proponents are free-riding on digital data streams whose originators lack the infrastructure for licensing or negotiation. Competition for those data streams (which feed into AI for economic advantage) is coming from {nation,city,multi}-state regulators, corporate payment networks {Apple,Amazon,Google}Pay and DRM infrastructure for data originators.

The free data ride in cashless systems, like sales tax holidays, is coming to an end.

  <there's always a bigger shark.jpg>

Can you pay taxes in cash? I don't think it's possible in my country.

Also as noted in the article, things like electricity, internet and other utility cannot be paid in cash either here.

US Postal Service money orders can be purchased with cash and used the same way as a certified check. This works for utility payments. Mobile phone companies take cash as payments, in both their dedicated retail stores and a large network of affiliated airtime merchants. In some countries, there's a mini-economy for the trade of airtime minutes within cellphone networks, based on physical stores that can convert cash->minutes. M-Pesa was one of the earlier success stories, unifying payments and digital identity, but it was anchored in real-world ingress points for cash.

Cash & digital can be complementary.

On the topic of convenience: utility companies love prepayments.

One post office trip per quarter: one money order per vendor, one batch of envelopes mailed.

Monthly online bills will have a negative balance to indicate the credit.

Zero data leaked to payment middlemen.

Also as noted in the article, things like electricity, internet and other utility cannot be paid in cash either here.

In the United States you can.

Almost all bills, utility and otherwise, can be paid for in cash at most supermarkets or other money-handling businesses. ("Currency exchanges" in Chicago, or whatever your local equivalent is.)

Also, every utility company I've had serving my last five apartments has had a public lobby where people can make cash payments. I suspect even cell phone bills can be paid with cash at a cell phone company's retail store.

> Almost all bills, utility and otherwise, can be paid for in cash at most supermarkets or other money-handling businesses.

So long as you are on a post-paid account you don't even need this. If you are on a post-paid plan of any sort, it's a debt. You have the legal right (via the Coinage Act) to pay that debt via cash regardless of any systems they might not have setup to do so.

It's a fun game to play sometimes to remind institutions of this fact, and usually rouses some bored corporate counsel from their slumber to first argue with you, then apologize.

Probably doesn't really help build a great business relationship, however.

Sending a check in the mail is not the same as having a digital currency. You can add cash to the bank account and write the check.

You still need to have a bank account to do that, and bank accounts are one of the first things law enforcement freezes when they want to take away people's assets. Objecting that the deposits you made into the bank account were cash won't help much at that point.

You don't need a bank account to send a money order. You just need to visit a post office with cash.

The post I responded to said "check", not "money order".

The next step will be somebody who is in "digital jail" and can't pay taxes so ends up guilty of tax evasion too.

Inability to pay taxes is not tax evasion, of either of the recognized types in the US (evasion of assessment, i.e., concealment of facts that would indicate tax is due, or evasion of payment, i.e., concealment of or movement out of reach of taxing authorities of funds with which taxes that are due could be paid.)

Presumably, the US government still accepts payment of taxes in cash, so that cash-based businesses that can't get a bank account can still pay. Perhaps the situation could arise in other countries though.

> Presumably, the US government still accepts payment of taxes in cash,

Not directly, though it works with partner companies that accept cash for an extra fee, with limits on per-payment and per-day payments. [0]

> so that cash-based businesses that can't get a bank account can still pay.

It would seem to be impractical for a non-trivial business to work with the cash payments limits.

[0] https://www.irs.gov/payments/pay-with-cash-at-a-retail-partn...

Your link only pertains to one way the IRS takes cash payments. They also take cash payments at Taxpayer Assistance Centers (TACs). You don't have to pay cash at a private corporation, you can go into an IRS office and pay cash.

https://www.irs.gov/payments/pay-your-taxes-with-cash

https://www.irs.gov/payments/what-to-expect-when-you-pay-cas...

In theory, sure.

In practice that's bullshit and you know it. The .gov, be it state local or fed, has show time and time again that it's not above prosecuting someone for a "failure to X" crime of which the failure was caused by the .gov's own action.

> Can you pay taxes in cash? I don't think it's possible in my country.

In most countries a tax payment that is due counts as a debt so is covered by legal tender laws, which do require that people accept payment in cash. It may not be an option presented to you, but it is usually legally available to you, if someone is trying to enforce a debt such as payable tax.

Note that legal tender laws don't apply to a service or product that has not yet been provided - only debts - and also note that a business that has to enforce a debt and that you pay in cash may decline to do business with you in future.

Finally, note that not all currency is legal tender - for example Scottish bank notes are not legal tender, so you can't insist on paying your debts with them.

> Scottish bank notes are not legal tender

In fact, in Scotland, neither are English bank notes. (Technically there is legal tender in Scotland, but only Royal Mint coins, and Bank of England one pound notes, which are no longer circulated).

http://www.rampantscotland.com/know/blknow10.htm

Thank you and everyone else for the answers, it's quite interesting.

FYI I'm in France and here cash can only be used for taxes under 300€ [1]

Maybe if you don't pay and they start suing then some other laws allows you to reimburse the debt with cash for any amount.

With that said, I know we have some laws to allow everyone (most people?) to have a free bank accounts ("right to an account" [2]), and some other laws that prevent even the state to seize what you have on a bank account for debt reimbursement if it's lower than a certain amount (565.34€ - it's called the "unseizable amount" [3]).

I don't know if it's possible to freeze bank account as they did in Canada. I'd guess they would have to have approval from a Judge.

[1] https://www.impots.gouv.fr/particulier/les-autres-moyens-de-...

[2] https://particuliers.banque-france.fr/page-sommaire/droit-au...

[3] https://www.service-public.fr/particuliers/vosdroits/F1437

Paying taxes in cash is almost the most important core thing. It's utter violation of basic concepts of fiat currency for that not to be possible. The whole point of cash is that it is legal tender, and it has to be acceptable for taxes. Any country that violates this is really denying the basic concept of cash.

Exactly, as we see from the history of fiat currency, where acceptance for taxes was initially a monopoly given only to the fiat currency.

rather, denying the basic concept of fiat currency

Cash is just the physical representation of a fiat currency. Fiat currencies exist independently of cash.

As long as you can pay your taxes somehow with cash, I fail to see the problem? The tax office doesn't need to accept cash directly. I don't really see the problem if they delegate handling cash to banks or other institutions as long as no one can be denied access to those.

My cash says, "Legal Tender For All Debts Public and Private."

> Can you pay taxes in cash?

Sure, if you're willing to schlep all the way to the nearest IRS office to you that has a human in it that will take your cash. Which might be hundreds of miles away.

There are good reasons why most people prefer not to pay most things in cash.

In the US, public agencies are typically required to accept cash in any denomination. This occasionally makes the national media when a disgruntled citizen decides to pay their substantial tax or fee in bucketloads of pennies ($0.01). Private organizations, however, are not required to do so.[0]

[0]https://www.treasury.gov/resource-center/faqs/Currency/Pages...

I’ve been in a DMV that didn’t accept cash.

The IRS will accept cash.[1] For small payments, they have an outsourced setup with Dollar General, Family Dollar, CVS Pharmacy, Walgreens, Pilot Travel Centers, 7-Eleven, Speedway, Kum & Go, Royal Farms, Go Mart, and Kwik Trip to accept payments up to US$500. There's a US$1.50 fee. So people who have no bank account and not to pay can pay easily. For bigger payments, cash payments are accepted at an IRS Taxpayer Assistance Center, after making an appointment 30 to 60 days in advance.

[1] https://www.irs.gov/payments/pay-your-taxes-with-cash

> Incorrect, the battle is partly won in several U.S. cities (including NYC & SF) which passed laws to mandate acceptance of cash.

I presume this[0] is that story... If i understand correctly, federal law also requires cash to be accepted to repay a debt, which perhaps interesting to some, usually includes restaurants; you eat your meal, and incur a debt doing so. Perhaps with takeout they could refuse to hand over the bag/box until its paid w a credit/debit card, which is their prerogative (except apparently in SF, NYC, ...).

[0] https://www.technocracy.news/cash-is-king-san-francisco-to-b...

Only if the restaurant takes payment after the meal. If they require payment before (like at McDonald’s), it isn’t considered a debt.

I’ve been in DMVs (dept. of motor vehicles - a government office) that don’t accept cash. Check or charge only.

> Incorrect, the battle is partly won...

Not in the slightest. You can mandate that people accept cash, but you can't force people to pay with it. The writing is on the wall; barring some sort of major social upheaval, cashless will be more dominant in the future. It's just too convenient.

So let's figure out what kind of benign future we actually can build. "Everyone decides to use cash again" just isn't going to happen.

We don't need "everyone" to use cash for "everything", just some people to use cash for some transactions.

It is legal in most jurisdictions to give discounts when paying with cash. That is enough motivation to use cash for larger purchases, since it saves costs for both the merchant and the customer. The only loser is the now-redundant payment processor.

The problem as stated by the topic is that those who are cashless (which is a vast & growing amount of people) are subject to having their digital assets frozen on a moment notice.

These proposals that we need to focus more on cash-ed people are mishearted & distracting from the core topic. Sure, a more cash-ready society is better able to help someone who has to rebuild their life, forced into a cash-carrying state. But it does nothing to prevent or remedy having your assets stripped from you by the whim of some megacorporation trying to improve their PR spin on a hot-topic.

People need assistance before being thrown to rock bottom by the corporation, not just after.

As stated in [1], we need to fight this battle on both fronts: cash-equivalents and cashless-regulation.

[1] https://news.ycombinator.com/item?id=30435574

Unless it actually ends up costing the merchant more money because they need to store and transport large amounts of cash and doing that isn't free.

Some merchants have influence over both revenue and cost. Some merchants understand the economic value of transaction data ("data about money is more valuable than money") and prefer to utilize their transaction data directly, instead of blindly surrendering it to random observers in the payment supply chain. Some customers, when given a choice, prefer those merchants.

This is simply not true. Not only is cashless not at all more convenient than cash for minor purchases, and not only are 10% of the US population unbanked, but in addition the access of third parties to purchase records just alarms people.

In my circles, I often see people withdrawing out pocket money on a regular basis for small purchases, and using cash for large peer-to-peer purchases that they're unsure of the tax implications of. Cashless is largely reserved for restaurants and grocery stores.

With government reporting regulations hitting paypal and other fake banks, I bet this pattern will become more widespread. Just let somebody have to fill out an extra form on their taxes because of excessive bill-splitting; they'll change their habits instantly.

I pay with my credit card even for <$1 purchases. It is much more convenient than pulling out a dollar bill and waiting to get change in coins (which I despise carrying).

In the case where they don't accept credit, and I can't be bothered to go make the purchase somewhere else, I'll just tell them to take the dollar bill and keep the change. Not having to deal with loose coins is worth it.

How is carrying, paying with, and managing cash in your wallet more convenient than tapping a credit card or your phone?

To paraphrase the message you're replying to:

The inconvenience of credit cards manifests itself after making the payment: when you're filling taxes, or when whatever information derived from your payments is used against you.

You're trading immediate versus delayed inconvenience.

At least that was the argument. I won't argue that most people will never feel these second order inconveniences.

Not sure I understand. Do you mean from the point of view of the merchant?

From the point of view of the consumer, I don't think I've ever done anything differently in regards to tax paperwork with regards to differences in method of payment.

Even from the merchant's point of view, I would imagine credit card payments are easier to keep track of for documenting purposes. Unless, of course, your intention is tax evasion, which I know quite a few merchants (including family) do with cash.

The only thing they could mean is tax evasion. Otherwise the built-in transaction history make credit cards far, far more convenient than cash for record keeping.

Modern point of sale systems generate a transaction history for accounting, including cash transactions.

In the asymmetric centralised case of a reasonably established business accepting payments from thousands of people (and barely, if ever, issuing payments in the other direction) it's not. It's about the same, barring this hyperbolic stuff about "despising" coins.

In the generalised case, e.g. I need to pay my friend, or a builder, or a taxi driver, or someone at a market stall - essentially any standalone human, it's a complete mess. You need an account, so you need to decide whether you're an individual or a business, then you have that account, then you need a terminal for cards or an app or bank numbers for them to use an app to transfer or...

With cash: here is $20, done.

Cashless payments impose a bureaucratic structure which simply does not exist with cash. You give me thing I have thing, job done, bish bash bosh.

I'm not sure I quite understand, but doesn't the bureacratic structure of cashless payments also provide the benefit of automatically documenting all your transactions for you so that you don't have to keep track of them manually?

Unless, as I mentioned in another reply, your intention is to hide such transactions for whatever purpose - i.e. I know quite a few merchants use cash payments to avoid paying taxes.

But that's all from the merchant's perspective. From the consumer's perspective, how does any of what you mentioned above matter? I have an account, a friend has an account. I send him money via Venmo or Paypal or whatever. The middleman might take a trivial fee for the transaction, but it's so trivial I nor the recipient are likely to care, and is outweighed by the convenience factor over using cash.

With cash, we have to meet and exchange the money. Or use snailmail. With say Venmo, I open the app, press a few buttons, and my friend has the money in seconds even if he is physically hundreds of miles away.

If I'm paying a merchant, then I just swipe or tap my card to the reader, wait a few seconds. I get a receipt and I'm on my way. I'm old enough that I made a few online purchases by sending cashier's checks through the mail. It was not a pleasant experience.

Meh. I don't really have a reply for this because we just obviously have really different worldviews so it's not going to really work.

There is no consumer, or merchant, or hiding of transactions, or taxes, or Venmo, or Paypal, or any of this stuff.

I'm standing next to you and you have an apple. I give you $1 for apple. I don't care about any of that other shit, it's like this whole invented set of problems that you've got a whole lexicon for.

Yes, if I buy something online I don't send cash in the post. That should be bloody obvious.

Fair enough. I acknowledge people have different viewpoints on this issue.

Believe it or not, my wife is actually a proponent of cash transactions. She has not been able to convince me of the benefits either. We've agreed to disagree. She carries the cash, and to my benefit she spots me whenever we encounter a merchant that doesn't accept credit cards since I don't carry cash.

> She has not been able to convince me of the benefits either.

…

> She carries the cash, and to my benefit she spots me whenever we encounter a merchant that doesn't accept credit cards since I don't carry cash.

I’m having trouble understanding these sentences written together in such short succession. Are you being serious?

Not sure what you mean, but yes I'm serious.

I rarely if ever carry cash. Nearly every transaction I make is via credit card. The only time I'll usually have cash is when traveling overseas (for emergencies, in the foreign currency, not USD). I find cash terribly inconvenient and annoying to use.

Meanwhile my wife loves using cash. I don't understand it. It's not for any privacy or idealogical reason - she says she just likes the old fashioned feel of handling physical money. She doesn't understand my dislike of using cash. As I said, we've agreed to disagree.

Every now and then when we're out together we'll encounter the rare merchant that doesn't accept credit card. Then she'll spot me with her cash. Otherwise we'll typically use our joint credit card. When she is out by herself she's much more likely to use the cash she always carries.

70 years after plastic was invented, people are seriously been proud and think of themselves as progressive and tech savvy because they use plastic.

The thought has not occurred to me even once. It is purely a matter of convenience.

If the only benefit of cash is dealing with cavemerchants, that's covered by keeping some money around for such cases. It's not something you'd normally do so the thought is perfectly congruent.

The only real advantage to cash is avoiding government overreach. It is most definitely not convenient in any way

You don't seem to see the difference in language that you're subtly slipping in without realising. It's like a form of newspeak.

"Accepting" credit card payments or bank transfers is meaningful. Accepting cash is not.

Anyone can by default accept cash. There is no-one who cannot accept cash. You don't even need to have like, hands to count it with, I can put it in your pocket.

In order to "not accept" cash you have to intentionally make the choice to be an arse and decline it.

By contrast digital stuff is this whole web of "need an account, need an app, need a terminal, need this, ...". It's not automatic.

It's like the difference between walking and having a car.

> With say Venmo, I open the app, press a few buttons, and my friend has the money in seconds

But they very much don't have the money yet. The transaction may have posted (if you happened to have connectivity) but it hasn't settled. It may be blocked in all kinds of ways before they actually get the money. Their account might be suspended. The payment processor may simply decide to never pay it (paypal being infamous for this).

With cash, the moment the object and the bills change hands, the funds transfer has irrecovably settled without any external dependency being possible.

> With cash, the moment the object and the bills change hands, the funds transfer has irrecovably settled without any external dependency being possible.

It isn't even remotely true. You might get mugged, you might lose money, you might get counterfeit money.

Those are pre/post-transaction risks, not settlement risks.

Cashless systems also have their own pre/post-transaction risks.

You are a very tech savvy, generous and hygienic person.

Part of that "more convenience" is that people think it is all benefit and no cost. If a lot of people come to the conclusion that cashlessness is risky due to the easy with which the powers that be can flip a switch and steal it from them, the cost/benefit analysis changes. That is not to say everyone everywhere will suddenly and uniformly hate it. It just changes. The more people get hit by capricious actions, the more people will find their cost/benefits analysis changing.

The CBDCs are inevitably going to fail for the exact same reasons the central banks want them. The more control the central banks have, the more the CDBCs become merely 21st century company scrip and not currency. The more the central banks can arbitrarily reward and penalize you for political reasons, for social reasons, for economic engineering reasons, the more their "currency" fails to be currency on the most fundamental level of being a reliable store of value. People will realize they don't want them and they are too dangerous to hold.

But ye gods will they damage the world on the way to realizing this is too much control, because the once the elites think they have this, they aren't going to give this power up. They'll do everything they can to "ban" any other attempts at having ways of storing or conveying value until the whole system breaks, and they won't care, because even a failing system that they're still in charge of will be better than a system they aren't in charge of.

> The writing is on the wall; barring some sort of major social upheaval, cashless will be more dominant in the future. It's just too convenient.

In classic HN fashion, everyone disagreeing with this is focused on their own solipsistic perception of the relative merits, technical and otherwise, of cash versus electronic payments. But convenience always wins.

The not-yet-evenly-distributed future is represented by Apple Pay on the Apple Watch. You literally wave your wrist over a point-of-sale terminal and confirm on the screen. Once this experience is cloned and brought downmarket by a combination of Android, Fitbit, and no-name Chinese manufacturers on Amazon, very few will go back even to pulling out credit cards, much less enduring the complications of cash.

We need better legal protections for electronic payments and banking. Cash, for better or worse, is on the way out.

> convenience always wins

Until people discover that the next place they wave their watch has customized the transaction based on the previous place they waved their watch. It's all fun and games until a voice speaks behind the one-way mirror, shattering illusions of payment neutrality, e.g. the incident in Canada which prompted the original article.

> Until people discover that the next place they wave their watch

I'm not sure this has ever caused a reversal. There is a minority who speaks out, which sometimes gets traction enough to cause some sort of change, but the majority take the path of least resistance.

it kind of depends.

there have been big pushes against red light cameras and similar automated license-plate enforcement in the US. which is actually kind of a wash, when you consider the alternative is often the unequal manual policing instead.

in an older version of this, I know some places had and then removed the ability of tollbooths to cut speeding tickets. (It's pretty trivial to establish speeding if you get between two tollbooths faster than the speed limit would otherwise allow.)

That pretty much makes no sense as an analogy. People opposed to speed cameras aren't advocating for spending more time and effort to write tickets, they're advocating for not getting tickets.

> in an older version of this, I know some places had and then removed the ability of tollbooths to cut speeding tickets. (It's pretty trivial to establish speeding if you get between two tollbooths faster than the speed limit would otherwise allow.)

Some countries took the opposite approach, and introduced lay-bys just before toll booths, enabling drivers to speed to their heart's content, and then have a rest before going through the next toll booth.

Automated surveillance enforcement tends to bring the discrepancy between the law and the norms of behavior to light. The state prefers to forgo enforcement and keep the law rather than keep the enforcement and alter the law to reflect norms.

Really? You can't imagine a large populist movement rejecting a newly developed technology based on suspicions about some kind of sinister agenda?

It doesn't matter if lots of people, even most, pay with digital transactions. As long as a substantial minority is using cash, the option will be available for those who need it.

Very few people will ever hit this. Ever. As a result most are unlikely to care very much. They'll think of those that do care as crackpots.

Ah yes, the fallacy of quantitative supremacy and human fungibility, that illusory phase of statistics kindergarten. Imagine a fictional universe where Steve Jobs was cancelled in his early career. "But it was only one person". How many human lives would have been impacted if Steve Jobs had been deleted from technology history? 2021 smartphone adoption is north of 3 billion humans.

> Very few people will ever hit this. Ever.

And this story has not been #1 on HN for five hours, nor has 500+ comments, and is not being read by journalists in multiple countries, or city-state regulators who care about equality, or engineers who build payment and surveillance systems, whose opinion can't possibly factor into the feasibility of building one of several alternative futures. Not one of those "few" people can change the future of electronic trade, of which payment is only a subset.

Nope, we have a singular cashless trading future and it's not subject to human negotiation beyond surrender. Or is it?

Ah yes, the fallacy of thinking that because HN cares, the general public will inconvenience themselves.

The fallacy of thinking that software engineers as a profession will base what work they are willing to do on any form of ethics rather than getting paid.

And finally the fallacy of thinking that because I predicted what I think will happen that I also think it should happen.

The post I replied to, to remind you, claimed that people would change their ways when they were suddenly the focus of their payments being banned. But most won't be subject to that. Most will rightly or wrongly think that only affects bad people, and given that, most won't change their behaviour. Software engineers in general will do what they're paid to, very few make any sort of principled stand, if they do someone else will be hired.

Are you contending that human beings are generally very good at inconveniencing themselves and changing behaviour in the face of a small minority having their rights or liberties infringed? Because if so I'd like some of your happy pills.

> claimed that people would change their ways when they were suddenly the focus of their payments being banned.

As stated in the original article posted to HN, the potential for change is not with those few who break the law, it's with the much larger group who believe in due process and social contracts. When trust is lost in a system, it affects many more people than the few humans who unexpectedly set a precedent in policy and become an exhibit in history books.

> Are you contending that human beings are generally very good at inconveniencing themselves and changing behaviour

When trust is lost in a system, it creates an opening for other systems, with different properties.

People don't choose inconvenience, but the failure of one system can motivate action beyond stable equilibria. People can then consider alternatives which may offer more convenience in some dimensions, less convenience (but other benefits) in other dimensions, and new properties which are not comparable between the two systems.

Most importantly, the loss of trust in one system creates an economic opportunity for competing systems, including investments that can change the calculus of convenience.

> the fallacy of thinking that because HN cares, the general public will inconvenience themselves.

According to the U.S. Federal Reserve, the general public is using more cash, not cashless.

Are cashless advocates in an HN bubble?

https://news.ycombinator.com/item?id=30439095

I don't know, but Americans almost certainly are, US payment systems and attitudes to them are generally far behind other countries.

A bit awkward for cashless narratives that "behind" Americans are leading the world reserve currency, where cash use is increasing. Is there public data on the decline of cash outside America?

But that's exactly the point people are making in this thread: people don't care enough, or don't have their shit together enough, to fight back even if they are being surveilled and manipulated and used for profit.

> people don't care enough, or don't have their shit together enough, to fight back even if they are being surveilled and manipulated and used for profit.

Yet. Some fintech/crypto/CBDC proposals on the table are orders of magnitude more intrusive than anything in the history of money. Let's see how current events impact public perception. How many people have seen this clip from the IMF meeting in Oct 2020, where Swiss BIS director Carstens commented on CBDCs, https://www.youtube.com/watch?v=mVmKN4DSu3g&t=1451s

> With cash, we don't know who is using the 100 dollar bill today ... a key difference with CBDC is that the central bank will have absolute control on the rules and regulations that determine the expression of that central bank liability .. also we will have the technology to enforce that ... if an advanced economy issues a CBDC, and someone in a 3rd country wants to use it, it will require the consent of the central bank of the residence of that person, therefore the degree of control will be far bigger.

On a topic of interest to children everywhere, a June 2021 comment, https://www.msn.com/en-gb/money/other/bank-of-england-tells-...

> Tom Mutton, a director at the Bank of England, said during a conference on Monday that programming could become a key feature of any future central bank digital currency ... what happens if one of the participants in a transaction puts a restriction on [future use of the money]? ... Sir Jon Cunliffe, a deputy Governor at the Bank, said digital currencies could be programmed for commercial or social purposes ... “You could think of giving your children pocket money, but programming the money so that it couldn’t be used for sweets. There is a whole range of things that money could do, programmable money, which we cannot do with the current technology.”

> You literally wave your wrist over a point-of-sale terminal and confirm on the screen. Once this experience is cloned and brought downmarket by a combination of Android, Fitbit, and no-name Chinese manufacturers on Amazon...

You won't even need one of these trademarked devices on your right hand if the Chinese brave new world is rolled out over here. Imagine the unique biometric markers of your face being used by an AI to link you to your government-run wallet.

https://www.businessinsider.com/a-tiktok-from-china-shows-fa...

It's all fun and games until you get a new hat and glasses and cease to exist.

Why are people so quick to assume this is anything more than a local tech demo? It's a 1.4 billion people country. Accurate biometric facial data is quite difficult (read impossible) to get for most if not all of em without making an integrated part of official ID and even then i wouldn't see it being used like this due to plenty of faults inherent to the tech.

We live in a hall of tech-demo mirrors that is sometimes mistaken for reality. After debating people claiming cash was a "tiny fringe", it turns out the Federal Reserve data reports that cash is growing faster than the economy, https://news.ycombinator.com/item?id=30439095

You mean contactless payment which has been available outside the USA for over a decade, including Android wallet from 2011? Yes the future is unevenly distributed, but when it comes to banking and other payment infrastructure the "developed" country where it is least present is the USA

> We need better legal protections for electronic payments and banking.

I can comfortably predict that can never happen. Electronic payments offer governments perfect and absolute surveillance and blocking ability. No government on earth will vote their fingers off that pie.

The only freedom-compatible answer is to insist on cash.

This makes me sad, you are so confident that a government can never do the right thing, that the only solution you see is to prevent any progress, and anchor yourself to a local minima from the past.

Society needs it’s members to believe that they can improve it, that they are represented by a government, and that they can influence it’s path. Anything less is an authoritarian regime. Such deep seated cynicism shows that we are far down a bad path.

If you don’t believe that the government will accept regulations that protect its citizens, at the expense of losing surveillance, then the primary goal is to replace that government, not to fight a losing battle for the sunlit uplands of a disappeared past.

> Society needs it’s members to believe that they can improve it, that they are represented by a government, and that they can influence it’s path.

I'll believe in the benevolent government that rejects abusing their authority for the purpose of mass surveillance when I see one. I believe people still have the power to push for small/minor changes in government so long as those changes don't threaten the powerful. Anything else is pretty unlikely. You can call it cynicism, but it's been known for a long time that the only people who can substantially influence government are large corporations or the extremely wealthy (see https://www.cambridge.org/core/journals/perspectives-on-poli...)

I still support the ideal that people should be able work within the system to challenge the entrenched powerful, but the evidence for it actually working in most cases isn't strong and my government has spent centuries making adjustments when they've been shown to be vulnerable in order to make it harder. I don't think people should stop trying for change, but at a certain point, you have to accept the situation you actually have while you try to find a realistic path to something better.

> I believe people still have the power to push for small/minor changes in government so long as those changes don't threaten the powerful. Anything else is pretty unlikely.

I use to think the same but apparently the anti corruption tech is getting every bit as draconian as everything else. Governments will eventually have to go full retard and be openly corrupt or they have to deal with oddities retroactively.

For example, many would love to award contracts directly without holding a proper bidding process but it gets increasingly unlikely to get away with it.

Is there much evidence to believe governments won't cheerfully throw their citizens under the bus for the benefit of the surveillance state? The GP's cynicism is completely warranted in my opinion, when given the choice between doing the right thing for its citizens and increasing the scope and power of its own bureaucratic institutions all governments (and all other very large organisations for that matter) pick the latter.

It's not just a matter of voting in a new government, we need some serious structural reforms to how politics works with an emphasis on subsidiarity making it very hard for a single entity to consolidate power and we also need severe taboos on things like building surveillance infrastructure. We need governments that assume some percentage of every electoral intake will be corrupt or self-interested and correct for this accordingly rather than assuming all politicians are honourable by default. Political power should be treated like enriched uranium: a vital resource for society that's nonetheless extremely dangerous if it's allowed to reach a critical mass.

> Is there much evidence to believe governments won't cheerfully throw their citizens under the bus for the benefit of the surveillance state

Is there much evidence for the reverse? Ignore the US Patriot act bullshit and focus on democratic countries where the political system isn't fundamentally broken.

This isn't a US-specific problem, a lot of Europe and the Anglophone world at large is experiencing issues like this. It feels like the last two years especially (but a fair bit leading up to it) have utterly destroyed my trust in not just the political institutions in the UK but a lot of other ones I'd taken for granted in the past too. I genuinely feel like we've become perhaps not a banana republic but certainly a banana kingdom where corruption is the norm and the government exists primarily to serve the powerful rather than the people. We're literally at the point where the Prime Minister can openly flout the law and lie about it to the Mother of Parliaments without consequence, where there's apparently no meritocracy whatsoever in how politicians are appointed to high office, and policy positions are in lockstep with predicted media response rather than any notion of public good. The tail has wagged the dog right into oncoming traffic.

All governments will use (or abuse) the powers they have to the absolute maximum extent they can get away with which is why subsidiarity is so important. The less power any individual has, the less damage they can do by using it as a tool for their own self-interest and the more they're forced to build consensus with other influential people which limits extremism. If it were up to me I'd abolish the office of Prime Minister altogether in favour of strong Cabinet collective responsibility and I'd also create an anti-corruption body completely outside of Parliament and the other institutions of state with wide-ranging powers to seek and punish misconduct in high office. Political office is an absolute magnet for people with unpleasant personality traits, instead of assuming good faith in politicians we need to assume bad faith and build the machinery of government defensively to accomodate this.

Another remedy to our issues is abolishing general elections in favour of rotating, asynchronous by-elections. This would give us exactly the same amount of democracy, but it means that the media's influence is massively reduced due to a lack of national election campaigns and it also means parties are forced to stick to their manifestos as they're effectively forced to campaign locally at all times so pulling a Nick Clegg becomes much more risky. As well as preventing the election result essentially being a function of how good the media strategy is, it also means the makeup of Parliament changes much more gradually which allows for long-term planning instead of the insane pendulum swinging where nothing gets done if it takes more than five years.

Firstly, imho the UK reduced it self from a global empire to just the one island though this political funny business. You'd think someone in the right spot would eventually have enough of it.

I like your election formula. My ideas was to allow people to change their vote whenever they like. Crappy decisions would have to be paid for in votes immediately. Ideally after one truly bad move you are out the next day and the bad move is immediately reverted.

The decline of the British Empire is definitely an interesting subject, especially as its territorial peak came relatively close to its precipitous decline. While I don't think the notion of being a former superpower really defines contemporary British politics in the way many outside commentators assume it does, the speed which that decline happened definitely had a marked effect on how our political history played out in the 20th century.

I quite like your proposal for elections too, although its implementation might be difficult when it comes to paper-based electoral systems! It would be interesting to see what effect it would have on the Overton Window, I suspect it would lead to policies becoming more incrementalist and less radical across the board. I would be concerned about it giving more de facto power to the press though.

Very succinctly put. The amount of people who are hell bent on staying in the past and refusing any sort of progress out of ( exaggerated, IMHO) cynical fear and slippery slope fallacies is.. concerning to say the least. Instead of those people using their concerns to help shape the narrative and regulations to fight against what they don't want, they play toddlers and simply refuse to advance.

Cashless is so much more practical the battle has already been lost, a while ago. It's only a matter of time before it's fully everywhere.

Anything that can go wrong, will go wrong. Anything that can be abused, will be abused. This is not cynical, this is just how it is. Progress is great, but cashless is not progress.

Anything involving authorization introduces the possibility of denial.

> Such deep seated cynicism shows that we are far down a bad path.

It isn't just confirmation bias. We had instances where a government blocked bank accounts of protesters, in democracies and autocracies alike. It doesn't get much clearer than that. We also had at least two decades where we only ever saw increased surveillance.

And it isn't necessarily cynicism in my opinion, it is realism. It is an fearful older generation that feels it loses control. Sure, government could change course, but I don't see it. To believe otherwise is almost naive at this point. We can be really glad the people that worked on the technology for a global network anticipated such behavior, so I might even want to encourage more cynicism at that point because it provides real safety instead of the fake one that is promised by government.

But it doesn't even matter, because your vote does not count on such topics. Experts in the field do not count on such topics. The older generation is set in their way and we will have to endure it for quite a few years at laest.

> endure it for quite a few years at least

Or longer, if life extension research is successful..

Governments can do the right thing most of the time but things should be designed for the worse case.

One of the big motivators behind the general data protection act is how personal data was historically used for genocide.

We still have plenty of politicians that want to target people categorically and make them second class citizens.

>Society needs it’s members to believe that they can improve it,

There are a lot of assumptions about the role of government in society in your comment.

There's a heck of a lot of people out there who think society can be improved by refining, restricting or reducing government's role in specific areas or generally.

> We need better legal protections for electronic payments and banking.

Governments giving back power to people? What optimism!

> But convenience always wins.

It's very inconvenient if you can't buy food or pay your bills.

>We need better legal protections for electronic payments and banking. Cash, for better or worse, is on the way out.

if a person loses access to their account by government or banking ruling then they cannot take part in electronic payments. What is your solution to this? I mean obviously the solution is that governments and banks cannot just turn off access to your account, but that is not an answer, you need to explain all of the processes that will need to support this possibility, because obviously banks and governments do need to turn off access to accounts at times.

But if we allow cash as a fallback, then we already have a system that works. All the various rules and processes about cash have been worked out long ago, over generations!

replacing the security that cash provides for people not to starve or freeze because of any number of possible problems would be an incredibly expensive and error prone process.

You’re not really engaging with the argument of the person you’re responding to, namely that REGARDLESS of other merits, people will abandon cash because cashless will be too convenient. You can’t sustain cash as a form of payment if only a tiny fringe care enough to use it. And thus the issues that you (quite rightfully) bring up will have to be dealt with in other ways. What do you think about that?

> You can’t sustain cash as a form of payment if only a tiny fringe care enough to use it.

This is a prediction, not a historical fact. It is repeated in multiple comments on this HN article. Yet the Federal Reserve reports that U.S. currency in circulation has been steadily rising for decades, including the recent smartphone decade: https://fred.stlouisfed.org/series/CURRCIR

interesting, although I expect this is not the case in all Western countries, and perhaps even less in some parts of the third world, I'm pretty sure Sweden and Denmark have less currency in circulation.

Would be good to quantify the cash decline, if any, outside the US.

Like others, I incorrectly assumed US was using less cash.

Cash is winning in the world reserve currency, and the cashless doth protest..

What I think about that is that solving the problems of a cashless society can be solved with a single law - any store accepting electronic payments must also accept cash payments.

Obviously the law would probably be more involved than that - but no matter what a law mandating the acceptance of cash would be simple and straightforwards because all the technology and processes for handling cash exist right now and would not need to be defined.

Other laws to protect people's rights in a cashless society seem like they would not be simple, but I am willing to be convinced otherwise, hence (and here I do not think you are really engaging with what I wrote) I suggested that if they had an idea of what these protections would be they should list them - why? Because it is not enough to say oh there should be some system to handle edge cases when there is already a system to handle edge cases but not at all delineate what the features of the proposed replacement system would be!

The cashless proponents, as opposed to mainly credit and small remaining cash usage, are like people who have a large enterprise system written in Fortran that works with very few problems for billions of transactions a year, handles down time and performance problems impeccably, but would like to rewrite the system because one type of transaction that the system handles is becoming less used (even though that type of transaction is the by default secure fallback should other transactions experience processing problems) and this seems like a really great time to modernize our architecture and infrastructure!

An aside: I pay with my phone more often than my watch. It’s physically easier to get my phone out than it is to reach across my body to activate watch payments (which needs two hands), and then twist my wrist to get close enough to the contactless point. In five years of smart-watch ownership, I’ve yet to find a pay point that’s comfortable for wrist payments. In London, the transit system contactless points are on the right as you walk through the gates, but I wear my watch on my left. This all sounds trivial, but it’s at the same level of “in/convenience” that the watch sits at, compared with other payment methods. I suspect we wont see watches take off for payment the way we see contactless cards and phones.

N=1.

> The not-yet-evenly-distributed future is represented by Apple Pay on the Apple Watch. You literally wave your wrist over a point-of-sale terminal and confirm on the screen. Once this experience is cloned and brought downmarket by a combination of Android, Fitbit, and no-name Chinese manufacturers on Amazon, very few will go back even to pulling out credit cards, much less enduring the complications of cash.

No need to be condescendingly wrong. Contactless payments have been supported with Google Pay since wearOS 2 ( came out in September 2018) vs with Apple Pay since watchOS 5 ( came out in September 2018). Not every single thing is the result of Apple innovation - their chips are good, but for instance it took them years to copy Android's picture in picture mode.

And besides that, there are banks doing their custom payment apps and others which sell custom hardware to put on your keychain for small contactless payments.

Fun fact : a least one city in the country has a large percentage of bar being cash only. ( New Orleans )

It’s clearly to have difficult to trace accounting.

It’s a blip, but still, that exists and I don’t see that changing any time soon for those particular places.

Yeah. Plus 2 states in one country is definitely not 'partly won"

There are a dozen EU countries whose population is smaller than the cash-mandatory population of New York City (not state).

The writing is on the wall; barring some sort of major social upheaval, cashless will be more dominant in the future.

That doesn't matter. If laws mandate that services must take cash then a cashless society is impossible, so people who choose not to go cashless can't be forced to give up cash. Hence the war on cash has been won, and cashless lost.

It can be more dominant. I pay most of my stuff cashless, but really, really love cash. I would always recommend to keep some on you for emergencies and as we have seen that government is quick to freeze accounts, it seems like a very good idea.

>Incorrect, the battle is partly won in several U.S. cities (including NYC & SF) which passed laws to mandate acceptance of cash.

It'll be interesting to see how this battle gets affected by the trucker protests. Historically such bills seem to be largely supported from a social justice point of view[1] (ie. "we need to force businesses to accept cash because cash-only shops are exclusionary to marginalized people"). With the canadian government freezing the bank accounts of freedom convoy protesters, this push could be also associated with the (alt-)right as well. This could translate to a bipartisan push to get accepting cash enshrined into law, or a situation where cash/crypto becomes a right wing dogwhistle, eg. https://www.theguardian.com/commentisfree/2018/jan/24/bitcoi...

[1] based on a unscientific analysis of this article: https://www.nytimes.com/2020/01/23/nyregion/nyc-cashless-ban...

The relevant sections were:

>because of financial circumstances, unwilling to for philosophical reasons or vulnerable to its darker aspects.

>“We are reining in the excesses of the digital economy.”

>But critics of cashless businesses say they discriminate against people who lack bank accounts and credit cards, while also raising the specter of hackers stealing personal data tied to digital transactions.

>Bronx households, the agency said, were around twice as likely not to have a bank account.

>“I worry about the real-world discriminatory effect that cashless business can have on New Yorkers, especially in communities of color,” Mr. Torres, a Bronx Democrat, said.

>“I think it’s incredibly discriminatory not to accept cash because some people can’t get credit,”

>“It is exclusionary,” she said, “because people without means are less likely to have a credit card.”

2 mentions of privacy/security, 6 mentions of social justice

> the battle is partly won in several U.S. cities (including NYC & SF) which passed laws to mandate acceptance of cash

In SF, despite the laws, many businesses openly had a no-cash policy once the pandemic started. "Sorry, Credit Cards Only. Touching money might transmit Covid" is too easy of an argument, even though it's essentially a non-concern now. And I haven't seen businesses go back to accepting cash as lockdowns have ended. Will be interesting to see if SF authorities actually try to enforce this law.

Whole Foods created a dedicated checkout lane for cash during the pandemic, in some stores surrounded by a 6-foot plexiglass walls. It was usually the fastest line. Now they are back to all registers accepting cash.

> Will be interesting to see if SF authorities actually start trying to enforce this law or not.

Great opportunity for a city journalist to assemble a news story. Collect footage to document their experiences across a diverse range of SF stores which do and don't accept cash.

If "peer" stores accept cash, have good traffic and happy customers, then cashless competitors may reconsider their stance.

For a lot of businesses, the overhead that comes with handling cash isn't worth it. Especially smaller businesses that would really rather not deal with the risk of being robbed or having a staffer mugged for the nightly drop.

Credit card processors charge a processing fee per transaction, but the overhead of physically managing cash and so on isn't free. I expect many stores will decide to stay cashless for that reason, no matter what their peers decide. Being cash-friendly or cash-only is not free, even if people do tend to think of it that way.

As for SF's law, I think it's worth bearing in mind that it was originally written as a shot at the Amazon Go stores.

Businesses whose existence is contingent on cost management may find themselves replaced by those that can manage both top line (demand, revenue, culture, brand) and bottom line. Especially IF the economy continues to fragment into online escapism for the poor and 3D experiences for those with discretionary spending, aka "inequality".

Yeah. I only saw that sign a couple times during the early COVID days and just payed with cash to see what happened and they took it without questions.

That's because you were being an asshole to a retail worker, who doesn't want to get into it with you and maybe get assaulted about company policy.

You foisted a potential risk onto someone without power. Don't do that.

No one here knows either of the parties in that transaction, perhaps avoid projecting?

There are companies which empower workers to make decisions.

My experience with this no-cash signs was only on owner operated shops. Maybe I was being an asshole, and they were being assholes to illegal immigrants that can't have bank accounts, and maybe we are all assholes but I really don't care. What I do care is about being able to buy stuff anonymously and without banks or the government getting in-between me or my friends and our food.

Any place big enough to afford having retail employees that I've been to in SF was always still taking cash.

But it's really hard to get PAID any serious amount of money in cash, and it's increasingly hard to withdraw or travel with cash. Just because you can still buy groceries for awhile doesn't mean you can function for any length of time if the government and the cashless system is united in unbanking you.

well.

If money is speech, does it mean cash is protected by the 1A?

> Cashless is easier and more convenient, it's hard to beat that.

Unfortunately you are probably right. The history of computing clearly shows that convenience beats absolutely everything including privacy, security, and autonomy. The most convenient option almost always wins regardless of any other factors.

We don't have limited rights. You need to work on understanding that rights are not granted. Rights are inherent. Enumeration of rights is only to emphasize the importance

As soon as some rights are violated, you don't have them any more. The language of "granting" could be changed to "respecting" and it would be an improvement indeed. But rights are only natural and inherent to the extent that people are free to exercise them in absence of interference.

They can be obstructed or denied, yes. This does not mean you do not have that right. It means it is being denied you.

That's the nature of rights and it's important to consider rights in this fashion because it shapes our ideas about what is acceptable in terms of obstruction and denial

> We don't have limited rights. You need to work on understanding that rights are not granted.

That's a definition you accept, which is not a useful definition to me.

There are rights that are not inherent and sometimes the legal and moral mix. eg I don't have the right to take an organ from a human who has not yet suffered systemic death, unless they have gone through a process that includes giving consent to that process that may allow the organ to end up under my purview AND I accept it.

False and here's why:

There are rights which are fundamental. Saying "definition", as if it is a flexible description does not satisfy the reality. These rights are defined by the fact that they are inherent.

Your example is a perfectly described granted right. You have been granted the right to something which is not yours and you have no other right to take.

The distinction is important. There is no moral hazard nor wrong committed in preventing someone from harvesting organs without permission. There is a wrong perpetrated when someone has been restricted in their speech or movement.

The usefulness, as you say, lies in the treatment of these things as distinctly different in nature

There is no such thing as an inherent right. Rights are a legal construct. They don't grow on trees and are not laws of physics. There are rights that I may believe should be universal, yet very clearly are not.

Driving is also easier and more convenient than walking but it would be absurd to suggest that everyone should have a car available for them to drive as a constitutional human rights.

Another counter point is that cash is arguably easier and more convenient in some aspects for some people.

Nit: owning property is a constitutional right. Compelling someone else to provide it for you with the force of law is not.

Yeah, it's a driver's license that's a privilege not a right. Own all the cars you want. Create a car museum if that's your thing and you've got the funds.

But behave if you want to actually legally drive any of them.

No license is required to operate a vehicle on private land... it is only on public roadways (which are public land) and public accomodations (privately owned parking lots that are publicly accessible) that a license is required.

I thought it would be obvious what I meant. I should have anticipated the lawyers in the audience here.

Owning a car is a constitutional right as owning other stuff. It’s called property right.

5th amendment: "...nor be deprived of life, liberty, or property, without due process of law..." Pretty sure freezing someone's bank account based on some suspicion alone, is depriving them of their property without due process, and not remotely equivalent to driving without a license (or a duly revoked license), so your comparison is really off base.

Maybe you could possibly argue this way if upon freezing their accounts they called them up and said "Hey, your account is closed, come pick up your cash", but I'm pretty sure that is not the case here, and it is rather more like a civil-asset-forfeiture situation, where they'll likely need to go to court to regain access.

Now, all that being said, this is Canada, so I don't honest know whether there is an equivalent to the 5th amendment in their charter of rights, or whether there is some legal weasel word (e.g. "reasonable") that somehow provides a loophole for all this.

Your last sentence sounds like civil forfeiture and I certainly think it should be outlawed.

As far as cashless society winning, I dunno, I'm definitely worried about that outcome, but it's straight up illegal in my state to not to accept cash in a retail establishment and a good number of bars I go to don't accept cards at all. I use cash all the time and I find it way more convenient than a credit or debit card. My wallet doesn't randomly prevent me from opening it at a grocery store I have been to a thousand times and stop me from paying for groceries.

Agree with this.

I've always found that people throw around this word "inconvenience" without even defining it. It makes no sense to me.

Both paying for and accepting payment for things in person are strictly easier for me to do in cash. It's literally just handing over a bit of paper.

There's always some resort to "but I don't have cash". Well duh, that's a circular argument. If you don't use cash you don't have cash and so you don't have cash. Try harder.

It's handing over multiple pieces of paper, getting back of mix of paper and coin, and then having to futz around with that. Compare with just tapping a single card against a machine, having records of the payment for yourself (for keeping track of spending, etc), etc. It's obviously not all "objectively better" but "strictly easier" is not true if you amortize across all usages of cash vs non-cash (going to ATMs after figuring out you don't have enough on you?)

I'm not going to argue against cash existing, but "swipe the machine" works 98 times out of 100. For the other 2 times, yeah carry some cash on you. I think it's a very good system of last resort, but especially in places with contactless payments cash is less practical

Shrug.

I guess my note book is less "convenient" than notepad.exe. More moving parts.

We're just not on the same page here, sorry, I don't get it at all. It's like, are we counting the waves of the hands or what? I'm literally here now and I've just pressed about 300 buttons to write this message, are movements rationed?

If you're going to argue that one thing is easier than another, then yes, counting movements and time is part of that.

"That'll be $15.77"

Option 1: I look in my wallet and find a ten and a five, put my hand in my pocket and grab a few coins, hand those over. The cashier takes the cash, taps a number into the till, finds the right change and hands it back. Is it arduous, hard labour and the end of the world? No of course not, but it is what it is.

Option 2: I look at my phone to unlock it and wave it over the thingy. Job done. I don't even have to remember to withdraw cash from the bank before I go.

It's easier and quicker, for you and for the cashier. The shop knows it too, particularly supermarkets - they encourage people to use faster payment methods so they can shave even a few seconds off a transaction and push more transactions through at peak times.

You forgot to mention you no longer need to check your change at the end. You have a record of the transaction on your app and you were able to verify the amount before swiping.

It's kinda funny, it used to be that "can I pay by card?" caused cashiers here to sigh and get a little annoyed by having to process a card payment. Some scolded me that I should've told them sooner (though exactly when was never clear to me). Presumably their POS systems were geared towards cash payments and card payments were bolted on as an afterthought.

We just need to preserve the ability to perform an anonymous transaction. Convenience of cashless is predicated on the assumption that you're willing for the tx to be on record. For tx you want off the record, cashless is not convenient at all. If one's position is that there is no need for anonymous transactions, that's a different conversation.

I and everyone here accepts that cash is easy. But there is no way whatsoever it is strictly easier than contactless payments. With cash you need to (a) always remember to withdraw and tale enough with you for what you estimate you will need, (b) compute an approximate factorization of the value you need to pay into the bills and coins you have, (c) hope the business has just the right bills to be able to give you your change, and do it in a decent amount of bills (e.g. not trying to give you change for a hundred in 5$ bills).

All this compared to touching the card/phone/watch to the terminal, and perhaps putting in your pin/fingerprint/face ID.

Again, not saying cash is hard, we've all used it and you get used to it. But it's objectively harder than contactless by any definition.

Of course, cash has other clear advantages in terms of privacy, censorship resistance etc.

> My wallet doesn't randomly prevent me from opening it at a grocery store I have been to a thousand times and stop me from paying for groceries.

One of my least favorite experiences was telling my banks that I was going to travel so that they don't freeze my accounts for "suspicious activity" when I start spending money at my destination, and then having them freeze my accounts anyway when I got there after trying to pay for dinner. Caused a problem with the hotel and the place I rented a car from, too.

Using my credit card in Russia required me to call some poor schmuck every single morning to tell them I was in Moscow. Every morning I'd wake up and my card would be declined.

Just remember that a society without cash is one in which every single member of society requires the explicit permission of multiple unaccountable people they have never met each and every every time they seek food, shelter, or clothing.

I agree on rights and mapping them into the digital space.

That is long overdue.

However, until we actually do move past this "wild west" digital time, rejecting it is reasonable and prudent behavior.

Lets not conflate "take" and "freeze". There's already enough confusion on that.

Also freezing of your funds can benefit you -- if the bank notices suspicious withdrawals they will freeze your account to prevent you from being cleaned out.

It's never okay to take someone's money/property without any court decision (and that should include civil forfeiture). But freezing shouldn't necessarily be lumped into that because it has valid usages. There just needs to be proper regulations and consequences.

Try getting rid of cashless stuff. It’s really liberating.

I had my only personal UK bank account frozen without warning for weeks. The first I knew of it was when the call centre wouldnt answer the phone for 45mins from the shop where I had just tried to use the card. Had to abandon the process and go home. Next morning, call the bank call centre, do security get told they cant talk to me. The processes to get the account activated was interesting, I couldnt complain to the govt ombudsman until I had exhausted the complaints process with the bank. Problem was the bank wouldnt talk to me, every time I called the call centre, passed security checks they would tell me they couldnt talk to me, so you are kept in a legal limbo of sorts. Govt ombudsman couldnt do anything until the 1st stage had been completed. So the rules are exploitable as most lawyers will also demonstrate in court.

So yes have some cash but behind the scenes data sharing does go on, it could be a simple conversation down the pub or a contract to process some data or provide a service.

Signwritten vans & trucks give the game away to neighbours as to whats going on.

Get some crypto where you can draw cash out of a machine, there are plenty of bitcoin machines and online crypto currency exchanges to move money around the world. When the Greek govt debt crisis kicked off, bitcoins spiked as people moved their money out of Greece, some events like this will also trigger a spike in crypto because its less bulky remembering a string than shipping tonnes of gold across borders.

The less reliant you become on any one entity the less any one entity can mess you up especially when you dont agree with their politics, methods or employer.

Better than crypto, you can store some money in a foreign bank account with a debit card attached and withdraw from the ATM when you need.

So the same problem, just a different bank?

you think those cant be blocked?

afaik its complicated to create bank account in country where you don't live no? I always had to provide proof of address or something, from that country, which is complicated if you are not millionaire with property here and there.

There are plenty of fintech companies that allow you to keep money without much hassle. Also, when you are on vacation, consider paying a visit to a bank, it's not that hard.

In the UE it is quite easy

Where is that? Typo for UAE?

European Union ; in French "Union Européenne", "UE"

I mistakenly used the french acronym, sorry for the confusion

Ahhhh :D

Not super complicated with fintech providing multi currency accounts.

You can also get e-residency in many countries like estonia, lithuania, etc and avail their government services digitally. You will be able to open a bank account and sign stuff.

There are many options available.

Okay, but in comparison whats easier, spend 3-5 hours to set up a crypto wallet or few weeks investigating e-residency, applying for it, then opening bank account.

People think that e-residency is just a breeze to do, but people who try, discover that its much harder than thought. Still easier than normal residency, thats true.

Credit unions are also good for this: they won't necessarly have the modern comforts of a bank, but your local one (if you have one) will do cash based accounts, in person. They still KYC but since they're not plugged in to swift etc they might work well as a backup plan in situations like yours.

They are plugged into SWIFT, if not directly, then whoever happens to be their backoffice provider, which is usually a large bank.

They are all subject to the same regs, and most credit unions aren't any better than large banks.

I'm writing from the UK where most credit unions don't offer interbank transfers or cards. If you need somewhere to stow cash, it is likely they won't be as heavily overseen by regulators here. Some are less basic but many are, I suspect, small enough to fly under the radar.

Wasn't the fact that they told you they could not talk to you considered "exhausting" the process?

This is probably good advice, just remember that crypto is also digital and totally transparent (mostly). If you obtain your crypto via an exchange, then your wallet can be positively linked to your physical person, and (eventually) prohibiting transactions by blacklisting wallets would be trivial. :(

I imagine that is a ways off still because crypto is not _that_ mainstream, but I suspect the time to get started and make the effort to anonymise your wallet is now.

Once there are laws in place to force a check at a central service for blocked funds, certainly very easy them.

We must fix and strengthen our governments - there's no way around that.

I’m confused. Shouldn’t we weaken our governments ability to freeze an account without due process?

I think parent means that by weakening your government's ability to do things without due process is strengthening it. Assuming that your government has at its basis a respect for such things as due process, individual privacy etc.

Monero is a good thing to look into. Even if you don’t want to hold it yourself, swapping in and out of it will make the “paper” trail that much harder to follow.

I’ve heard a lot of reports of popular exchanges freezing accounts of customers who traded with other exchanges that don’t have strong KYC requirements. How am I supposed to exchange for Monero if Coinbase (and the state of New York) dislike it?

I’m not trying to be sarcastic. I genuinely don’t know what to do in order to use Monero.

Only use exchanges to put in cash or to do exchanges. If you're serious about crypto and want more than a few hundred dollars in there, you should get a ledger and move your money off of the exchanges (hardware wallet).

Or, you can make your own bitcoin by hand. https://estudiobitcoin.com/do-you-trust-your-seed-dont-gener...

Where are these reports of popular exchanges freezing customer accounts? I'm also genuinely curious, because I've never heard of them, and a cursory Google search isn't turning up much.

As for exchanging for Monero, there's starting to be the option of atomic swaps with Bitcoin. Alternatively, you could also try going through one of the various non-KYC automated swapping services.

Ahh -- it seems there are quite a few cases of what you mentioned here: https://sethforprivacy.com/posts/fungibility-graveyard/

The first generation of crypto is totally transparent, if people need to start using crypto to have political freedom of expression then no doubt more anonymous systems will gain prominence. There'll be something that draws broad parallels between the HTTP -> HTTPS transition.

Had the same thing with HSBC. I opened another bank account and keep a spare one going all the time.

Also always keep £500 rolled up in £20 notes somewhere. And make sure you don’t put all your eggs in one basket.

> Also always keep £500 rolled up in £20 notes somewhere

This is good advice, always have some cash around; in these uncertain times, I'd even argue to increase the amount. Make sure to have a record somewhere that you have it (a photo on your phone with e.g. ID and a dated newspaper? I dunno) so that IF you get your home broken into, you can prove it to your insurance.

Of course, there's plenty of places to hide a stack of bills, or distribute it across multiple spots.

If you're concerned about the downfall of the economy, you can get 'slabs' of valuable metals as well, that can be broken off into smaller denominations. The downside of going for those (at least in NL) is that you can't really use them to bet on the price of gold going up or down, because as a consumer you have to pay VAT for them (21%).

The "trick" in the UK here is to use gold coins, as they are a currency. There's a plethora of places that will bulk sell you gold coins to use as a store of wealth.

All investment gold is exempt from VAT in the UK, including gold bars etc. However, legal tender gold coins, minted by the Royal Mint, may have additional advantages as they are also exempt from other taxes such as capital gains tax.

Different devices for different banking, ie an iphone & mobile data for HSBC, a laptop and ADSL for Lloyds, the library, PC World & other shops with computers on display with net access for other bank accounts, besides the obligatory friend network, doing the above. Being in a city helps you blend into the background, being in the countryside will be like a virtual lock down.

Make sure you have a passport, because myself and someone else spent the best part of an hour or two trying to past Google's I'm not a robot when trying to get a passport. The fact Govt uses Googles I'm not a Robot should also show you there is more to Google than meets the eye.

I can see why the rich have dual citizenship and multiple passports, with the richest having diplomatic passports, making them untouchable anywhere in the world!

It might seem like a lot of effort, but when you realise who easy it is to set people up, buy off judges, police, medical experts, etc, you'll realise blackmail can come from everyone and anyone including your family, because there are some messed up beliefs out there.

Or you could use two bank accounts? These things happen even day to day, sometimes cards fail, or a card reader acts up. I find it hard to see that the next logical leap from "one bank account in a country" is "global volatile decentralized currency with incredibly expensive transaction fees"

> its less bulky remembering a string than shipping tonnes of gold across borders.

Assuming you completely disregard the computation costs, yes.

Card reader acting up is very different from your bank account being frozen for weeks.

Agreed, however it's also an experience that almost everyone has had, and the straightforward solution (carry two cards from two different banks) _also_ tends to resolve the issue of your bank account being frozen.

I've never had that experience, and it is a bit ridiculous of you to claim that. I am sure if everyone had that experience, cashless wouldn't be so popular. Did you have that experience to be locked out of your bank account for weeks?

Have multiple creditcards aswell, i have a mastercard and a visa for this sort of thing

I've been told by Citizen's Advice before that if they don't want to talk to you, the best is to send a physical letter to their registered place of business with a clause such as "You have 7 business days to respond" etc. This then firmly places a time limit on how much stalling they can do.

Thats assuming Citizens Advice will even help you. My local Citizens Advice wouldnt help me, but thats headed up by a retired copper.

Edit: I've always found his ability to track me down in the middle of some woods when I was out walking to be a rather curious use of technology considering he was retired and wouldnt have access to mobile phone triangulation facilities or the gps facilities on my phone. However he outed himself when he went back to get some answers for me!

Why was your account frozen?

Unusually I was asked I was transferring some money, never been asked before why I was moving my money, but earlier like 5-10mins earlier I had read on the DailyMail about some US/UK military abuses going on which annoyed me, so when I was asked why I was moving it, I replied "maybe I'm going to join ISIS". That was all I said, nothing else said, but lets face it, you cant even tell if you are talking to the staff in the call centre or if the phone company/security services are doing a man in the middle attack, international phone standards and internal phone standards make so much possible.

People get setup without even knowing it but the setup might not occur until years or decades later.

In China almost everything is WeChat/AliPay these days. People almost never use cash, even the street vendors use mobile payments. It's a problem because if you do something that Tencent doesn't like, they can just shut you out of your life, quite literally.

And I'm not talking about politically sensitive stuff. At all. I'm talking about doing stuff that Tencent, the company, doesn't like.

I'm talking about e.g. if they detect you running WeChat in a virtual machine, they consider that against their ToS, and they might shut you out of your account, including payments, which means you lose the ability to buy breakfast, lunch, groceries, train/tickets, pay your electric bill, get a tax, pretty much everything. For fucking running a VM. Or decompiling it and writing a plugin to make it more usable/accessible for yourself. Or anything, really.

Tencent is honestly fucking AWFUL for doing this. This is fully their idiotic usage policy and has nothing to do with government compliance.

I tried to pay for a beer in China using cash (Yuan) and they refused. Credit card, no way. They just gave me the beer for free.

I wonder how this would impact tourism. Like, if I'm at the beginning stage of planning a trip and I'm choosing where I want to go then "weirdly requires setting up a payment app" is one of the criteria that puts a country quite far down my list.

It used to be worse than that, until only VERY recently you need a China bank account to set up WeChat payments, and you need a China +86 mobile number to set up a bank account.

Granted, if you are fluent in local language you can get a mobile number and bank account in less than an hour if you go first thing in the morning to beat the lines, but for tourists who do not speak Chinese it is basically damn near impossible to navigate setting all that up.

That said, international tourism isn't a big revenue generator, they care FAR more about the domestic tourism market, which is many times bigger. Foreign tourists are largely an afterthought.

Even now, domestic tourists can just tap their national ID card to board trains but tourists usually have to stand in line to buy paper tickets, or even if you get your bank account and all set up to buy tickets online, you'll still need to stand in line to print out the ticket because the electronic readers at train boarding gates don't support reading passports or foreign IDs of any sort.

> "weirdly requires setting up a payment app" is one of the criteria that puts a country quite far down my list.

Goes beyond that. The visa process is the most intense of any major country (if you have a high ranking passport). WeChat (the only way to communicate) requires you to be invited by someone else already in country. Street signs aren't in English, neither are any public transport aids. You can't communicate, can pay for things, can't find your way around (once you leave the cities no one speaks English). It was incredibly hard to travel there.

> once you leave the cities no one speaks English

To be fair, almost nobody in the US speaks Chinese outside the major cities.

There is no reason English needs to be the "default" language of the world just because they colonized everyone.

If you travel somewhere and don't make an effort to learn some basic words of the local language, that's okay to do, but don't complain about how hard it is to get around.

> To be fair, almost nobody in the US speaks Chinese outside the major cities.

Does anyone have that as a realistic expectation?

> There is no reason English needs to be the "default" language of the world just because they colonized everyone.

Except English has a relatively small "native" footprint, not that many speak it as their mother tongue. There are many more secondary speakers of English than primary in the world. If the popularity of English was the result of colonialism, none of the above would apply.

> If you travel somewhere and don't make an effort to learn some basic words of the local language, that's okay to do, but don't complain about how hard it is to get around.

Are you implying that travelers to China (say with a Latin language as a base) should realistically try and learn basic Chinese for a weeks holiday? Do you have any idea how long that would take?

A constitution is only a piece of paper. If the culture doesn't value liberty, privacy, etc. then it doesn't matter what's in the document.

>We need more constitutional human rights.

We need but we can't have. Governments and lobby groups are slowly eroding the rights and freedoms.

And even if we theoretically have those rights, who is to enforce them?

Cashless and freedom can co-habit, just allow anonymous prepaid debit cards. But no, that is not allowed, power is too sweet.

True, even when they do exist, some companies refuse to accept prepaid cards, or they are limited to a single country.

> We need more constitutional human rights

you mean those that are taken away by governments at the blink of an eye?

Yeah, better off voting at this point.

AFAIK in US you need a fair trial before being punished, this is on the 10 amendments.

You money does not have constitutional rights.

This is a political battle.

Whatever your laws will say, the politician will find an emergency to justify bypassing it. We all saw what happened with COVID. The only viable choice is not to have such powerful governments in the first place.

Contrary to the parent poster, I really think we do need the anarcho-libertarian dream - and it doesn't mean we should't have private justice or private protection: it just means this power shouldn't be wielded centrally (eg. by having private competing companies).

>We need more constitutional human rights.

I hate these solutions to all of the various problems. These governments and corporations don't care about any of these laws, make up new laws whenever they want, ignore laws whenever they want. You can't just undo millions of people using a system of physical money, but you can undo laws instantly, or not even follow them. All of the solutions to these types of modern societal problems have to be solved in a way that isn't just a few words in a piece of paper, because the people in charge can never be trusted.

"It's not okay to take or freeze somebody's money/property without any court decision"

Tell that to Justin Trudeau who invoked the Emergency Act in Canada and where he immediately started freezing bank accounts of peacefully protesting Cabadians under the falsely built narrative that they are "terrorists" or "funding terrorists" - all without court order.

> We need more constitutional human rights.

And those can't ever be breached, right?

We can't be trusted to honour written laws and contracts. We've shown that time and time again. The best way is to remove the possibility or at least the temptation to do it by making it too hard to violate. Physical cash has that property, as does a trustless digital cash based on cryptocurrency (I'm not sure what the best one is in this respect).

Yeah cashless is the way to go, but I dont think the problem is as big as it seems. People are also becoming digital nomads, and while citizenships for pay, and more importantly the digital identities that come with them, are still kind of expensive, long term I expect it will become cheaper and more common.

This also directly solves the issue of op. Cryptocurrencies are a stop gap solution to this, but known transaction histories and inherently poor fraud prevention make them poor digital cash replacements. Today Ecuador is shilling bitcoin, but imagine if they instead sold tier 2 citizenships, no taxes no welfare type, with new and independent identities. Pay 5000$ and get a new identity and passport, along with an account in one of our many banks, or which can be used to set up an account in an international bank. Sure you wont get to share credit scores with your main identity... Various international laws mean it wont be called exactly this, perhaps its a fee for the creation of a minimum accounting requirement corporation with hidden controller instead (and trying to prevent these is already ongoing but it does not work), but it does not matter in practice. As long as it satisfies the conditions of being able to make transactions easily, has a dispute mechanism with centralized authority with the self serving interest to remain independent, etc.

I'd wager that the majority of identity thefts arent performed in order to steal money from that identity or ever even cause any damage to the original identity. They are performed in order to get around travel and work restrictions. Lets say you are from ukraine or belarus, now getting a work visa equivalent to germany or france is kindof a pain in the ass, in particular doing so quickly, but buying a stolen passport from e.g. rumania isnt hard, and all you are doing is setting up a single french debit account in that name and working under that identity. Odds are that kind of thing gets discovered 30 years latter when the original identity realizes they are getting a small pension from some job in france they never had. But why would they care.

Massively expanded surveillance states could prevent this, but while that will be the case in china, places like the usa are just to discoordinated, and the eu is actively working against it to the point both google and facebook are no longer asking. How can we make our ads better, but rather how can we keep ad quality with much less information per user.

> most people in their daily lives prefer using cashless

https://en.wikipedia.org/wiki/Argumentum_ad_populum

> The simple answer is to reject the cashless society.

Very much this. It is disappointing and scary to see tech people, of all groups, who like this idea.

Cash is a perfect currency. It is strictly peer to peer, fully fungible, can't be blocked or censored by any party, anonymous, has no dependency on anything (still works when the electricity and internet are down).

Cash is kind of fungible, but not really. Every bill has a serial number, so every bill is unique. This is what it means when money is "marked" in a police investigation, they give bills with known serial numbers to bad actors in a criminal enterprise and then recover the bills at the other end of the enterprise proving the connection.

In common practice it's fungible in the sense that one twenty dollar bill is as good as another. In edge cases though it's not quite fully fungible.

> Every bill has a serial number, so every bill is unique. This is what it means when money is "marked" in a police investigation, they give bills with known serial numbers to bad actors in a criminal enterprise and then recover the bills at the other end of the enterprise proving the connection.

This has nothing to do with fungibility unless a bill’s serial number affects either your ownership of the bill or whether the bill will be accepted as payment.

Fungibility is related to being indistinguishable for the purpose of economic transactions, not being physically indistinguishable.

> The simple answer is to reject the cashless society.

I don't think you realize how cashless society really is. For a long time, we've been running on fiat money, debt, and other forms of monetary constructs that are, for all intents and purposes, just numbers in some database without the backing of physical bills. Imagine coordinating all of the stakeholders for a condominium building project with only paper currency; it'd be a madness only marginally better than bartering.

The idea of rejecting a cashless society is eerily similar to Project Mayhem from the movie Fight Club, with all the chaotic anarchy that supposedly comes with it.

No-one is talking about banning the concept of a transaction.

It's about being able to pay for basic needs (rent, bills, food) via cash.

This is not some impossible crazy thing. Cash was used for >90% of purchases including weekly bills not that long ago whilst skyscrapers and big business deals didn't involve briefcases of cash being thrown around.

But surely you must realize that there's more to money than just paying bills. Japan still has a strong cash culture, but even there people put their money in a bank. A cash society cannot be resilient to an evil government if you consider that said government could theoretically freeze funds at the bank level. In fact, this scenario sort of happened in Brazil in the 90s, and that's a country that had a very large portion of the population that was unable to transact digitally (because credit cards/ApplePay/etc weren't really a thing back then and a lot of people were poor to begin with).

If you want to argue for a world where said attack vector isn't possible, then you're implicitly arguing for a world where people literally stash money under their mattress as a standard model of security, but that implies constructs like mortgages can't exist. Point being, how money is represented has a big impact on how society is able to function.

There is a distinction between freezing someone's accounts and ability to open accounts for the long term vs. them beginning to starve within days because they don't have any way to pay for anything immediately.

> them beginning to starve within days because they don't have any way to pay for anything immediately

I mean, if that's the only scenario you care about, you can just carry more cash in your wallet.

But when you said "a system that allows governments to arbitrarily "turn off" thousands or millions of people at the push of a button", that sounded like you were worried about more than just not having enough money for groceries for the week.

> It's about being able to pay for basic needs (rent, bills, food) via cash.

One thing many don't realise is just how difficult the banks have made this for us now.

The money supply consists of three parts: physical cash, digital central brank reserves, and digital private bank money. This is how it is in the UK, but the US will be roughly the same.

Physical cash, everyone knows. It's printed (and destroyed) by the government. Digital central bank reserves exist in a ledger kept by the government which private banks use to settle up every night (to handle inter-bank transfers). Digital private bank money is money created by private banks when they issue loans. It is what exists between someone taking out a loan and paying back the loan.

Digital bank money is about 80% of the money supply. Central bank reserves about 18%. Physical cash: 2-3%.

The banks have inflated the money supply so much it's simply not possible to live with cash for most people any more. Assuming someone pays rent, it's not unusual to get paid in digital bank money and for 40% of that to be digitally transferred to your landlord. None of this ever becomes physical. There simply isn't enough physical money to go around.

How do we stop this? It would take a huge government intervention and a brave one. Society is on the brink of chaos at any moment and everyone is too afraid to rock the boat.

How do you even pay for rent or utility bills with cash?

I'm 39; so maybe too young to have experienced that but how does it even practically work? Did your landlord pop round once a month? For utility bills, did you go to the bank and ask them to transfer cash to a utility company; or maybe at a post office? Or did the utility company send someone around to collect cash payments?

Rent - Drop cash off at the Real Estate Agent/Property Manager

Bills - Pay in cash at the Post Office

In Australia I still see people in Post Offices waiting to pay their bills. Some simply haven't got out of the habbit yet..

You're here because you're an engineer, right?

I have a bank account. You give me £100 and tell me to send £100 to 00273 00338435. Done.

As other posters have said, in many countries this is a Service(tm) but generally, unless you've gimped payments anyone can just do this.

Good way to clean some dirty money

Paper money in the usa is a fiat money... (as is bank ledger money)

All fiat means is that it is unbacked by physical things, such as gold or silver.

> The idea of rejecting a cashless society is eerily similar to Project Mayhem from the movie Fight Club, with all the chaotic anarchy that supposedly comes with it.

Fight Club is satire.

This reminds me of all the posts on HN about running your own email server. Admirable but ultimately negligible.

Cryptocurrencies will provide solutions that actually scale to these problems in time, but HN’s still not ready to hear it.

It still blows my mind how antagonistic HN is to cryptocurrency, particularly Bitcoin.

HN's bias against cryptocurrency is a useful counterweight to the massive profit-motivated hype surrounding it.

Unfortunately events like the ones we've just had are what's necessary to demonstrate to people that no, we actually do need technology like this.

Cashless is going to happen. The convenience gain is too large for it not to. Cryptocurrency is the only way to preserve any semblance of genuine sovereignty in a cashless world. It is a technological necessity.

Most cryptocurrencies (including Bitcoin and Ethereum) do not solve this issue, governments could order businesses (or payment systems used by businesses) not to accept payment coming from some blacklisted addresses, even indirectly; and this is possible thanks to the public ledger.

And they could outlaw any cryptocurrency that does provide anonymity for senders (Monero, GNU Taler, ...). While easy to bypass for individuals, legitimate businesses would not. Governments might even ban cash one day.

This is a social and political problem, technology won't solve it.

I thought cashlessness without a trusted third party was a solved problem.

https://bitcoin.org/bitcoin.pdf

Satoshi called it digital cash actually for a reason, not cashlessness. It has similar properties to physical cash, as the ownership can't be taken away trivially.

The problem is that people are still waking up slowly. For me the Cyprus bail-in in 2013 was the wake-up call that I need full ownership of my assets.

The key issue with using Bitcoin as a digital form of cash is that Bitcoin lacks a key property of cash: fungibility. Combine this with the transparent nature of Bitcoin's blockchain and you have a currency which is an authoritarian's dream and not a currency that could/should replace cash.

Bitcoin is not totally lacking fungibility, as there are ways to make the coins more fungible, but it needs more developer support. Wasabi wallet has coinjoin support, although it's not easy to use, not automated, doesn't work on mobile phone and expensive for most people. Also of course exchanges try to AML-KYC them out, as govermnets are trying to fight it.

Implementing Schnorr signatures was a great way to get closer to fungibility improvements, as it paves the path for signature batching, which can make CoinJoin cheaper than a single transaction, and will change the incentives towards making Bitcoin fungible by default for every user.

How lucky we are that cryptocurrencies have evolved since Bitcoin.

Monero is fungible.

Are dollars fungible by your definition? They have physical serial numbers printed on them.

I agree with your broader point, which is why I prefer monero.

If it was an authoritarian's dream, powerful countries around the world would be embracing it. But it's not, because they can't control it, only surveil it to the same extent that any other person can. They have a slight advantage because they can compel exchanges to collect personally identifying information about their customers and divulge it upon request, but other than that they have no privileged position like they do with the Fiat banking system.

That's why we have Monero

The surveillance and lockouts bitcoin allows makes even the most Authoritarian government blush.

What lockouts? Nobody can prevent you from transferring your bitcoin.

> lockouts

Source?

Bitcoin the network is fully transparent, which makes BTC not really fungible - it can and is traced, which creates better/worse BTC. This is why coinbase (small c) BTC is sold at premium.

Bitcoin should and will die, but in its place a thousand flowers will bloom.

FYI, you can have BTC asset without Bitcoin network in trust-less manner TODAY. See recent paper by Leona Hioki on the way to do it using Witness Encryption cryptographic scheme.

Lightning solves both scalability and privacy of the base layer of bitcoin.

> The simple answer is to reject the cashless society.

We can't. Too many transactions are conducted remotely now, and you can't send cash over a phone line or over the Internet. And having those transactions remote is not just a minor convenience; in many cases the transactions would not happen at all if they had to happen in person, and a lot of wealth creation would not take place.

The simple answer is, as the article says, to view freezing people's bank accounts and credit cards as a punishment at least as serious as imprisonment, and to view doing it without first having a trial as at least as serious as imprisoning people indefinitely without trial. Right now most people do not view it that way, and governments reach for freezing assets as a tool of first resort because they do not view it as having serious political consequences. That is what needs to change.

The simple answer is to reject the cashless society.

Agreed.

Recently, I came across a coffee shop and a bakery that proudly displayed "We are cashless. No cash accepted." signs.

Not accepting cash is a method of discrimination. It keeps people without bank accounts out of your establishment. The overwhelming number of people without bank accounts are minorities and immigrants. That's why in some cities it is illegal for a retail business to refuse cash.

Maybe those businesses saved 0.006¢ on the transaction by not accepting cash. But they lost thousands because a fat guy isn't going to buy cookies there in the future.

Right.

I don't think that they're even able to track this because coronavirus lockdowns meant that they had this massive trough in business anyway.

So now they'll never know that I just don't shop with them. I'm not gonna run around moaning, I'll just go to that cool Chinese takeaway down the road that doesn't have its' head up its' own arse.

It's actually kind of nice because it means I go to more down to earth independent places.

You don't need a bank account to use cards to pay for things.

You also don't need to use an attempt at humor about fat people to add authority to your argument.

^^ shoulda said "add weight to your argument"

It wasn't an attempt at humor. It was a statement of fact. I'm a fat guy. I'm not going to buy cookies there.

Try not to invent imaginary offenses on behalf of strangers.

FWIW, I enjoyed your humor.

I'm offended. Try not assuming that you're the only person who matters.

Small business do not go cashless to save money, nor raaccciiismm

They go cashless because it eliminates the threat of robbery. Them proudly having signs everywhere saying they were cashless is to announce to the would be theif there is no cash payday here..

Most businesses that do that have a history of robbery.

> Maybe those businesses saved 0.006¢ on the transaction by not accepting cash.

I'm not sure where you are but in the US the banks will charge a few percent + 10c, its adds up to a lot of money. Plus you dont need to pay people to count/store cash, or get robbed which adds big savings.

Cash is surprisingly expensive for businesses.

Through mistakes and malice money will disappear.

On top of that you have to spend a not insignificant amount of manager time counting and running money to and from the bank. If you deal with large amounts of cash then you get to file CTRs frequently.

In addition to all that you have to deal with the physical infrastructure. Cash drawers, safes, money bags, etc…

Having worked in both retail and in banks I can promise that cash is a major pain point.

> Not accepting cash is a method of discrimination

Then you should fight the good fight of making cash great again! :P

Absolutely. For instance, pervasive CCTV isn't in itself a bad thing, but pervasive CCTV which can be (and is) accessed arbitrarily is a major major problem. I'm fine with CCTV which records to encrypted offline storage, which can be unencrypted by court order only, with as strong a probable cause as you would need for a wiretap or a search warrant.

Agree with this all, but I don't think the simple answer is sufficient. Cash as an option must be preserved, but the abuse of this power over cashless transactions will still happen. Cash itself will become even more of a probable cause and associated with crime if the abuse is allowed to preside only over the cashless transactions.

We shouldn't have to reject a major improvement in our quality of life because of abusive governments and their surveillance. What we need is technology that makes their abuse impossible.

This is why cryptocurrencies were invented in the first place. They were supposed to emancipate us by providing private and anonymous digital cash that's free from government and bank control. Most of them failed at actually protecting us from anything but there are projects out there that are still trying, such as Monero. We should support these technologies instead of trying to turn back the clock.

We need to reject them instead. Just start using cryptocurrency for everything and cut them out.

It's not a technological problem.

They'll just pressure all businesses not to accept your crypto.

Just the airlines, banks, any payment processor, any gold bullion dealers, any supermarkets, any restaurants, any car rentals, any car dealers. Probably can be done in less than 10 lines of regulation. Nobody is going to risk jail for your crypto.

What then? You are going to invent some tech that will somehow make totalitarian government impossible?

>The simple answer is to reject the cashless society.

Oh How the tide have turned.

You may be surprised for half a decade from 2014 to ~2019 most on HN were "for" cashless society. Over the dozens of threads and thousands of comments. 90% of HN were happy when Tim Cook in 2015 declare Cash will be dead in the next decade. Apple Pay will make the society better. Tim Cook and Apple reiterate in 2016 and 2017 they want to kill off cash.

Something happened in post 2019. I dont what it is. But I guess it is better late than never.

And I wish instead of putting technology into cashless, we should be doing the old sci-fi stuff which is putting technology into cash itself. Better Anti-Counterfeit money features .

Digital cash can partially solve the problem, the idea has been around since 80s [1]. Blinded signature allows you to have a bearer token without attaching information about the source or identity. It resembles cash in many ways. Surely government can shut it down, but they would not be able to do it in a stealthy way.

[1] http://www.hit.bme.hu/~buttyan/courses/BMEVIHIM219/2009/Chau...

Important to note that the Deputy Director of Intelligence for Canada's financial intel agency (FINTRAC) said there is no evidence of suspicious transactions around the freedom convoy:

https://www.ctvnews.ca/politics/no-spike-in-suspicious-trans...

Despite this, the government has been able to do this.

>The simple answer is to reject the cashless society.

But you can't as long as the cashless society is forced upon you. At most you can try to take refuge on currencies which aren't controlled by governments like crypto. But since crypto is very volatile, it isn't a practical thing to do. You can try to buy precious metals or other things you can easily sell for cash if the need arises.

Too bad nobody invented a stable crypto currency meant to only facilitate trade as opposed to speculation.

> You can try to buy precious metals or other things you can easily sell for cash if the need arises.

That’s exactly what gigolo chains were designed for. Police would confiscate your cash, but not your jewelry, so carrying around jewelry allowed you to post bail fairly easily (also why bail bondsmen deal in lots of jewelry). The use of gold jewelry as backup money is also common in India where people are less confident in the local currency.

Freicoin? It is dead because nobody wants to use crypto as day to day currency. Meanwhile the physical chiemgauer is doing well in its region.

I love and agree with every word. Thanks for writing.

How do you pay for digital goods with cash?

Are you suggesting that every single online business that exists should have a mailing address to mail cash or checks, and have people to process them?

I imagine that you pay for software in some form, as an example of a digital good. Do we need to go back to burning CDs and buying software in physical stores with physical money?

Reject it all you want, but there is no going back.

All of these scenarios can be addressed with a fungible cryptocurrency.

Yes, that is the argument I am making.

But it is important that these fungible cryptocurrencies are as cash-like as possible. So, no global ledger.

Lightning on top of Bitcoin fulfills that retirement.

I always tend to assume good faith in discussions, so I must ask, are you trolling? Or is it just that HN's general antagonism towards any form of cryptographic currency stems from a dearth of information?

No, I did not mean to come off as trolling at all! https://news.ycombinator.com/item?id=30441804

Someone was arguing that we should reject a cashless society, and I was making an argument that it is impossible to do at this point.

The only solution is to have a digital currency as close to cash as possible.

Ethereum (on its own) does not meet this requirement. It is perfectly fungible, but still has a global ledger that can be used to track transactions. It is important that people move to standard L2s that don’t have a record of every transaction.

Bitcoin is actually not fungible in the first place. The Lightning network does provide transaction privacy, though.

By “no global ledger” I should have clarified: there might be a need for a global ledger, but it should be missing all consumer transactions.

Thoughts on Monero? I liked it the best when I started looking into crypto, but with so much momentum behind bitcoin I just kind of went down that path instead.

This doesn't seem much different from mail order catalogs. Shareware had an address to mail cash or check to.

This is a disingenuous argument.If you want to pay for software or digital goods you already probably have or want a bank account, a paypal or something.You're already in the ecosystem and nobody forces you to use cash everywhere.By the way >it is< possible to pay for digital goods using cash, without a bank account or digital money service: it's called Western Union/MoneyGram/etc.Yeah there are limits and often way more expensive, but at the same time you don't pay with your transaction data, which the bank uses for more than you know.

Let's do the opposite example now: Do you >need< to use anything besides cash when you shop for groceries, pay some toilet tax when you're on the highway, or similar trivial things?No, you don't.The option of providing an alternative payment method is up to the merchant.The only institutions that are required to provide cash options are the government ones(at least where I live).You don't provide that?I sue and I win, for obvious reasons.

People want to think about cash/cashless in terms of black and white, yes or no.I used to be pro-cashless and certainly I am in some regards depending on the wanted product/service.Yet I limited my use to being restrictive because there are way more loopholes to be rendered bankrupt and have no money available.There are certainly risks to cash aswell, and yet more advantages when buying products/services in-person.

My point was that a larger and larger proportion of the things we buy we buy over the internet: it is something like 25% of all consumer purchasing now. Those transactions are cashless.

Some types of goods you can only buy over the internet, like software, and this trend will only continue.

I think MoneyGram/Western Union are a great counterpoint, but while anonymous, I consider that more similar to cashless than cash: you have to input cash into a machine and… transmit it over the internet.

I also agree it is not a binary thing.

I agree, the key point here is the dangers we potentially face if we forcefully remove cash as an option of payment.We should strive to at least keep it an option where possible, and I would base this mainly on the privacy aspect(and secondarily maybe security).

Cashless is great as a convenience option, or when there are time sensitive factors.

"But yeah, if you want to seize assets, get a court order and go and lock someone in a box and take their things, don't take the cowardly way out and pretend that you've just flipped a database key and it's not really a big deal."

Dont worry, soon everything from your toaster to your car will be internet connected and will be disabled on command

Don’t forget the toilet. Potty privileges will be the first thing to get shut off.

>I'll take inconvenience over slavery any day of the week.

so much this. I simply do not want my money to be easy to spend. I want to enter a pin code and carry a physical card. That creates engagement which raises my awareness of what I am spending.

Same with cash, when you count it out, it creates engagement and awareness of what you are spending.

I agree in principle and I am against the disappearance of cash, but the convenience is also a factor and I end up never using cash. I think a cashless society wil happen in any case. With covid many shops didn't accept cash, I don't know how people who got locked out of the banking system dealt with that.

If government allows for cashless society without safeguards it is criminal negligence. Any serious outage and we are crippled.

"Even a child is able to understand that force is still force regardless of whether it involves the direct visible physical kind."

I'm sorry but I don't think that is true, unless people lose this understanding by the time are eligible to vote or obtain higher education that is.

> But yeah, if you want to seize assets, get a court order and go and lock someone in a box and take their things

You really wouldn't says that if you've been locked, it's one of the worst thing in the world, even more so when it's unfair -- this is a progress.

> too powerful to not be abused

And it was abused fairly quickly. The problem is that people don't really seems to understand that this is a problem even if they do not support the current cause. I hope this is an educational instead of a neurological issue.

How do you reject the cashless society? You need to get so many people on board. Look at Canada. You'd have to get a huge proportion of the population to go on strike, and for a very long period of time.

Demonetisation exists

https://en.wikipedia.org/wiki/2016_Indian_banknote_demonetis...

imho, we as a society have been rushing/forced to embrace new technology without really understanding the downsides. I use nowadays cash as much as possible. The notion that every single mundane payment of mine is being monitor, tied to some profile and bid in realtime terrifies me. And no, no payment provider has ever promised me that they won't do this. We had also cash cards in the past in Germany, to my understanding they would provide digital payment without tracking and central control, but they are deprecated.

They'll just pressure businesses into not accepting cash.

That pressure is already there in many subtle ways.

Massachusetts passed a law I believe in 1978 requiring the acceptance of cash by all retailers.

Go talk to Rohan Grey (https://willamette.edu/law/faculty/profiles/grey/index.html), who is one of the few people who cares about this that isn't also a private cryptocurrency shill.

^ This. Bitcoin Cash (still has low fees and is truly peer to peer) is the way IMO. Try tipping someone on reddit or Twitter. www.chaintip.org

100% agree with everything you said

somehow people with the cognitive capacity of a rotten potato would call you science denier for being pro freedom. I'm not talking about vaccines and such, but being pro freedom as in being against a survilance state which can fuck you up at any time and has total control using coercion over all aspects of your life.

We got at such stage in history which is impossible even to have an honest debate about freedom without having legal problems and risking our careers to just end. Let's hope internet still a safe place for this for a while.

Carrying cash is exactly how you lose it all to police corruption, sometimes called civil asset forfeiture.

Cash is no answer without sufficient legal protections. And if you have sufficient legal protections, cash mostly just buys you inconvenience.

The problem isn't businesses going cashless. The problem is leaving structural control over money to profit-seeking enterprises.

How precisely do the police seize the assets of tens of thousands of people simultaneously?

They can't. This is a completely different issue, one which doesn't go away if cash isn't involved. The police could just as easily decide to seize your car or your watch or your computer or the clothes off of your back. On a one-by-one basis.

It's mass surveillance vs. targeted all over again.

It is called war and it isn't the police doing it then, it is the military.

The people out number the military by nearly 300-1. If you think a million soldiers are going to occupy the USA without resorting to obscene levels of violence (such that money is not your concern) you're a bit mistaken.

> The people out number the military by nearly 300-1.

Armed military and paramilitary government agents, including active and reserve military and internal security services are about .9%,of US population, not the .3% you suggest: 1.4 million active, 800k reserve, 700k police, for 2.9 million of 330 million.

Does the figure being "only" 100-1 instead of 300-1 really detract from the point? Would that whole 0.9% even stand on the same side?

Factors that push it in the other direction are desertion rates if we're talking domestic military occupation and fighting fitness -- how many police and reservists are actually able and willing to occupy a country with a likely insurgency for an undermined amount of time. Some percentage of that 2.9 mil number are not front line combatants. But also if the occupation is only in a single region then the denominator is much lower or if parts of the population side with the military.

Yet the tribalism has effectively made that 300-1 ratio closer to 1:1. Well, maybe not that extreme but the rotten two-party system is failing us.

Plenty of people are going to side with whatever the army does, and it'll be a capital offense to interfere with them.

I believe the point is that it would require orders of magnitude more resources - a prohibitive amount of resources - for an overbearing government to strip citizens of physical assets, vs. the ease and subsequent temptation of doing so digitially

Well, it’s easier to steal custodial digital asset accounts...

It’s harder to steal properly secured non-custodial cryptocurrency/asset wallets.

e.x. multisig or Shamir’s Secret Sharing, brainwallets or passphrase encrypted wallets, etc

Sure, so then you've declared war.

Socratically, consider what would have happened if Trudeau would have had to send in the army to violently remove property from all of these people.

I'll submit that a different, far more reasonable solution would have been arrived at.

By ordering the banks to close their accounts. People are not holding significant portions of their wealth in physical cash outside of the banking system. Apart from it being absurdly dangerous, there's also not anything like enough physical currency to do that. Not to mention investment accounts, deeds to property, etc.

Businesses being forced to accept all the risk and inconvenience of accepting cash to protect people from having their assets is somewhere between a security theater and a straight up pipe dream.

Businesses should accept cash as a signal to potential customers that they are not some snobbish high-tech cashless only establishments.

Also, there are a million other regulations that businesses have to deal with from license and insurance to the number of fire extinguishers. Asking businesses to accept cash is not a life-or-death decision from a business cost point of view. If anything, it means more potential customers and better PR.

That is highly unlikely and worth the risk. Also, GP isn’t advocating keep all your money in cash. Just for paying cash where you can.

We can fix that, and it is being addressed.

Cash is a great answer to a whole lot of basic commerce, small scale, freedom style, between adults just adulting.

The problem IS businesses refusing cash. The public really does not benefit and we have not shown we are able to avoid abusing electronics.

One day maybe. Right now? Not a chance.

Cash remains necessary and the costs are not crazy enough to warrant all the abuses and risks other payment forms bring to the table.

I do not connect payments to my phone for example. Everyone I know who did has a story to tell about how doing that cost them.

> The problem IS businesses refusing cash. The public really does not benefit

I benefit quite a lot from not having to use cash. I pay all my bills with credit cards. That means I can do it remotely, taking a few minutes a month, without having to leave my house. Having to pay each bill in person, in cash, would be a huge cost to me in time and effort. And if the companies I'm paying those bills to had to have the personnel and infrastructure to support all or most of their customers paying in person, in cash, the costs of the things I'm actually paying them for would go way up.

Sure, if you're going out for coffee and you'd rather pay with cash, it's a hassle if the coffee shop doesn't accept it. But that just means you go and find another coffee shop that does. That's a very different issue than the issue of cutting off people's access to non-cash methods of payment, which is what the article under discussion is talking about.

Nah, you're just not thinking about it.

Trivial solution: I walk to bank some day once a month, give them cash, give them account numbers, sent. It'd be done in all of ten minutes.

Does it exist where you live? Maybe, maybe not. Hell, if I knew you I'd do it for you, I'd enjoy obfuscating my accounts.

And no-one is saying that literally every transaction has to be done in cash, just that it should be _possible_ to do so.

The idea that cash is this hilariously inconvenient thing is a complete fabrication and I frankly tire of that discussion. You're talking about moving small physical things, it's a solved problem, everything around you right now is a small physical thing.

edit: posters are responding about the businesses that exist in their area. by this token it's "inconvenient" for me to use cash because the japanese place down the road doesn't take it. well no, they're just being dicks, there's no _fundamental_ inconvenience.

I care barely drive to a bank within 10 minutes, which isn't the bank I have an account with. It's only open during my work hours (9-5pm M-F), or I have to go on a Saturday. The wait time to see a clerk alone are often 10 minutes or more. And the clerk can't help me make certain payments that require me to use a web portal or mail a cheque.

> The idea that cash is this hilariously inconvenient thing is a complete fabrication.

That's a strong statement without considering that your experience might not match others'.

>> The idea that cash is this hilariously inconvenient thing is a complete fabrication.

>That's a strong statement without considering that your experience might not match others'.

IMHO, both the original statement and the respond are opinions. It may well be the case that cash is universally not “hilariously inconvenient.” Without some empirical evidence, it is just a shouting match.

In my opinion, cash is actually very convenient to use and encourages reflections on spending habits.

Nah, we're just not talking about the same thing.

He's saying that using cash is inconvenient because no-one uses cash where he is.

I'm saying that it's not because at its' core it's fundamentally just handing over a bit of paper.

It's not a statement about how many people accept cash where I am. I can't easily pay my mortgage with cash directly either. The point is that it's not an insurmountably difficult thing.

There also seems to be this bonkers strawman thing going on whereby loads of people seem to think I'm saying "don't ever make a non-cash transaction" which is bloody stupid. It's like, _a priori obvious_ that it's stupid. I hate this aspect of online discourse - if the thing you think I'm saying logically makes no sense, then I probably am not actually saying that thing.

> He's saying that using cash is inconvenient because no-one uses cash where he is.

No, I'm not. I'm saying using cash is inconvenient for me for things like paying my monthly bills because it would require me to physically go to each individual company I pay bills to and pay them in person. Whereas with a credit card I can pay all my monthly bills in a few minutes from my desk at home. Even if my utility company, for example, would accept cash in payment (as they probably would since most companies offering basic services like that are required by law to accept cash), I wouldn't do it because of the huge increase it would be in time and effort every month. I have better things to do with my time than schlep around all over the place to pay bills in person.

> I can't easily pay my mortgage with cash directly either. The point is that it's not an insurmountably difficult thing.

You're shifting your ground. Before you were saying that using cash wasn't inconvenient. Now you're saying it is for some things, like paying your mortgage. Which is exactly my point.

> I'm saying using cash is inconvenient for me for things like paying my monthly bills because it would require me to physically go to each individual company I pay bills to and pay them in person.

We could solve this problem with an a service where you'd be able to pool all the money you intend to spend on bills, and then the service would handle getting the cash to each individual company. :)

That money could even accrue 0.001% monthly interest, while it's waiting to get spent on bills.

Yeah, we could even call this service...a bank. And then we wouldn't be protecting ourselves any more against our assets being frozen by law enforcement without due process. Which was supposed to be the whole point of using cash.

If you're unwilling to read what I'm writing and just want to waffle, go for it.

If I don't have coffee in the cupboard is it inconvenient to drink coffee or is it just that I don't have coffee in the cupboard?

If you're arguing that it's inconvenient, then okay, that's your definition of the word.

I'm really not interested in arguing about definitions of words and neither should you be.

> If you're unwilling to read what I'm writing

Project much?

> it's fundamentally just handing over a bit of paper.

No, it's handing over bits of paper at the particular physical location of the person or entity you are paying. For some transactions, like paying for your food at a restaurant, that's no problem because you're there anyway. For other transactions, like paying monthly bills, it is a problem.

Nah because banks exist and can make digital transactions when you give them cash.

Literally, if you were standing next to me, you can give me 10 quid and I can send someone else that ten quid. You have paid them ten quid using cash, reasonably anonymously in a way that cannot be easily blocked or censored as long as cash exists.

This becomes far, far less convenient or feasible if we only have barter and now you need to find someone that accepts some arbitrary valuable object of a value that isn't exactly the amount you want to send.

No-one is arguing that electronic transactions are not useful, this is a strawman. It makes no logical sense, so perhaps you should consider that I'm not making that argument.

So cash is convenient because you have the option to not use it, and use a digital payment instead? Really?

No, it's convenient because anyone can accept or transfer it without a middleman. It's a physical thing you just give to someone. You can't (reasonably) censor it or block it or sanction it without just disabling the whole currency.

I was just describing the fact that it's not some sort of crazy idea to pay bills using cash. If HN weren't full of 21 year olds we wouldn't even be having this chat, it's like these guys forgot that not even that long ago we just paid each other with envelopes at the end of the week/month.

Like, they're literally saying that you can't do X, where X is something that most of us did less than 50 years ago, and no we didn't spend half of our days running around.

The point is that it’s a huge pain as evidenced by the fact that nobody does it now that there is an alternative..not that it’s literally impossible.

> banks exist and can make digital transactions when you give them cash.

And as soon as I use a bank for this, I am no longer protected against law enforcement preventing me from paying my bills and supporting myself, which was supposed to be the whole point of using cash in the first place. Law enforcement can block banks from making digital transactions on my behalf just as easily as they can freeze my accounts at those same banks.

Ok, so go to me, I'll send the funds.

I feel like people want this centralized vision of money. Just give someone cash to do a transfer.

Why so bureaucracy? What's the point?

> Trivial solution: I walk to bank some day once a month, give them cash, give them account numbers, sent. It'd be done in all of ten minutes.

I've never heard of any bank offering that service.

> no-one is saying that literally every transaction has to be done in cash, just that it should be _possible_ to do so.

Agreed. But it should also be recognized that there are many people who have good reasons to use payment methods other than cash in many situations.

> The idea that cash is this hilariously inconvenient thing is a complete fabrication

No one is claiming that cash is always inconvenient. Just that for many people in many situations, it is.

> You're talking about moving small physical things

If I have to go pay my bills in person, I have to move me, not just some pieces of paper. And if I pay my bills electronically while I'm sitting at my desk at home, I don't have to move anything at all.

Sure, if you sit at your desk all month, never visit a high street, and also can't use a postbox, this is an unsolvable problem. Got me.

I'm out yo, physical interactions are better than this GPT-3 shite.

We don't have high streets here. All my adjacent banks are in the middle of a parking lot not near anything else I'd want to interact with during my precious Saturday except maybe the grocery store. Sure that's a bad design and I'd prefer to live near UK high streets but that's beyond my control here.

This has nothing to do with sitting at my desk. Using cash would mean spending my Saturday at one of the least interesting location I can think of.

> if you sit at your desk all month, never visit a high street, and also can't use a postbox

I never said any of those things. And the idea that schlepping around all over the place to pay monthly bills in person is the best way to get physical exercise is laughable.

> physical interactions are better than this GPT-3 shite

IMO your posts read a lot more like GPT-3 than mine.

> If I have to go pay my bills in person, I have to move me, not just some pieces of paper.

Coming soon for this market, "brain in a jar". Upload your consciousness into an Altered Carbon simulation, Source Code time loop or immortal-gaming-AI Daemon.

After gig economy workers unionize and raise delivery fees, hopefully they won't hire a mercenary army to enforce Code of Customer Conduct.

> I've never heard of any bank offering that service.

I'm not a cash person, but this is literally how cash deposits work (in the US). You fill out a deposit slip with your account information, hand the slip and the cash to the teller, and that's about it. If you own checks, your check book probably came with some deposit slips pre-filled with your account information.

Can't you make deposits directly on the ATM? Where I live, the ATM takes your bills, counts them, and directly deposits them in the account you choose.

No need to interact with any of those pesky humans.

Well, yes, but the GP comment was specifically saying that they had "never heard of any bank" offering the service of taking cash and depositing it into a provided account, which is weird because that is very much a standard service that brick-and-mortar banks provide.

Either the other user was uninformed or my sarcasm detector is broken today.

> he GP comment was specifically saying that they had "never heard of any bank" offering the service of taking cash and depositing it into a provided account

No, I said I had never heard of any bank offering the service of taking all the account numbers of all the bills I have to pay and paying them for me out of my bank account.

You can do so online (which I do for many monthly bills). But that doesn't really solve any perceived problems about maintaining anonymity associated with making cash payments buth neither does anything going through a bank.

In Argentina there's a service named "Pago Mis Cuentas" (Pay My Bills). You can add all your services (gas, electricity, cable, internet, taxes, etc).

When there's a new bill for the services you added, it's displayed on a list with checkboxes right beside each one of them. Check the ones you want to pay, click Pay, and you're done. It's linked directly to your bank account. The website was created by a bank consortium.

Is a service like that what you're talking about?

It's not, because this conversation is specifically about how much worse it would be to pay all your bills in cash, while you seem to be talking about a digital payment.

Yes, because of this statement in the parent:

> I said I had never heard of any bank offering the service of taking all the account numbers of all the bills I have to pay and paying them for me out of my bank account.

It sounds like you're talking about taking cash to your bank and depositing it into your own bank account, which of course you can do. The original commenter was talking about taking cash to your bank and somehow very quickly distributing it to everyone you owe money to this month.

> The original commenter was talking about taking cash to your bank and somehow very quickly distributing it to everyone you owe money to this month.

Exactly.

Use auto bill pay?

The original commenter is talking about a solution which would be vulnerable to the exact sort of "digital jail" being referenced in the article. They've added a central authority to their decentralized solution, in the form of the absolute classic way banks are used against people - by freezing accounts and deposits etc.

Nah, because you can just go to any money transmitter. Which is actually just anyone, if we didn't scare people off it by making payments this like, scary bureaucratic taxy AML'y thing.

I have online banking on my phone, if you wanna give me cash to send it to someone, no problem, why not.

I use autopay for all of my monthly bills.

> this is literally how cash deposits work (in the US)

I wasn't talking about cash deposits. I was talking about paying bills. I can't go to my bank and give them the account numbers of all my bills and have the bank pay them for me. If I wanted to pay each bill in cash, I would have to schlep to each individual company I pay bills to and pay them.

There’s nothing that makes it inherently impossible to put bills this way in cash, though.

For example, in Japan, you can pay bills by taking them to the local konbini - which is probably no more than a couple minutes walk away - then handing them the bills. They scan barcodes, take your cash, stamp the bills, give you your change. Done. No need for ID or a bank account.

The reason that people can’t easily pay bills in cash in the US is not because it can’t be done.

I'm in the US and have had checking accounts in three credit unions and five banks and they all offered this service. They don't send cash if that's what you have in mind, but they do send checks. They'll send a check to anyone given a name and address, and if I provide an account number, for many businesses they'll also receive a billing amount and pay it each month automatically.

Every bank has been doing this since for at least 30 years. Companies register. It is simple and easy.

Telephone banking used this before internet banking.

Ooooh, I understand now, and I do apologize for misreading your comment.

Banks do offer bill pay services, you just set it up and they mail a check every month. To your point, I don't think there's a way to get your bank to send the recipient cash every month, but I feel like that's a moot point since your cash is already in the banking system at that point.

>No one is claiming that cash is always inconvenient. Just that for many people in many situations, it is.

So don't use it. Non issue right?

Otherwise, dealing with the public comes with some costs. The benefit is being able to do business and turn a profit.

Picking and choosing is an abuse of the public.

Just because a business has to accept cash, does not mean every transaction must be cash.

> I benefit quite a lot from not having to use cash.

And you lose nothing by having more options, including cash. Nobody said you need to pay only with cash.

there's a huge difference between not having to use cash and having not to use cash

Refusing cash is not the same as being able to not use a card.

The shop refusing cash is not accepting legal tender for all debts public and private.

I raised that issue and my local shop does now take cash.

If we can fix "that" (government seizing your cash), why can't we fix a similar with cashless? Maybe the government hasn't technically seized it if they just make it inaccessible, but the effect is the same.

"We can fix that"

You sure about that? Currently Chicago's mayor is trying to bring it back.

>The problem IS businesses refusing cash.

They legally cannot, at least not in the USA, and I doubt in most countries. Thanks to the legal tender laws, businesses cannot legally refuse the legal tender, especially in its cash form. Once a deal is made and cash is offered, service must be rendered or it is considered stolen. A fun way to exploit this (before coin machines) was to go to tow truck lots, offer pennies, and then report grand theft auto to the local sheriff when they refused.

Cash is only legal tender for debts. I can run a business that refuses cash as long as services or products are not rendered before payment. I can say that if you want to eat at my restaurant, you need to use credit or debit cards only.

Do patrons pay after eating?

Debt

If they pay prior, not debt.

And yeah, there are times I would not choose your establishment and recommend others avoid it as well.

Being able to use cash is a basic thing I value highly. I realize we disagree, and we get to do that too.

No worries, but just know while you do you, I'm doing me.

Wish it were different.

What businesses don’t accept cash? Everywhere I go does. In fact it is illegal for them not to do so.

> I do not connect payments to my phone for example. Everyone I know who did has a story to tell about how doing that cost them.

I do this and all my friends have done this, and I haven’t heard any costing stories. I guess you could be in some kind of high risk group or area for digital theft (Russia?), but I’m curious what specific things have happened to all your friends.

Care to address how civil forfeiture is being addressed?

This 2015 post suggests that in 2014, civil forfeiture exceeded burglary.

> Between 1989 and 2010, U.S. attorneys seized an estimated $12.6 billion in asset forfeiture cases. The growth rate during that time averaged +19.4% annually... Then by 2014, that number had ballooned to roughly $4.5 billion for the year, .... According to the FBI, the total amount of goods stolen by criminals in 2014 burglary offenses suffered an estimated $3.9 billion in property losses. This means that the police are now taking more assets than the criminals. https://www.armstrongeconomics.com/international-news/north_...

I'd love to see evidence that the tide is turning, hopefully you have some.

If only there were a digital cash that you can self custody, easily verify and transfer.

In all seriousness, I think some form of cryptocurrency could serve this purpose and move us away from relying on banks that act on behalf of the state. Obviously there's a whole lot of baggage with the current cryptocurrencies out there today, but there's no reason we have to resort to carrying around pieces of paper or voting for the right people to ensure our assets and livelihood are outside of the reach of the state (at least without going through the proper legal channels).

> I think some form of cryptocurrency could serve this purpose and move us away from relying on banks that act on behalf of the state.

If such a crypto would exist, with enough stability, trust and ease to make transactions, the state would be so unhappy that day that it would make it illegal faster than light. Removing monopolies from the state are huge challenges.

And this is the problem that I see as well. One can buy crypto but how do you convert to fiat currency if the government controls all the off ramps? This is the flaw with bitcoin as far as I can tell. Maybe one day someone on the darkweb will start selling goods like an Amazon style store where you can get anything you could on Amazon, like a drop shipping store, sent to your house for bitcoin. If you can link it on the internet you can have an intermediary ship it to you for bitcoin. I think there is a real market for such a store in the future. How the person who is collecting all the bitcoins exchanges their bitcoins to cash I haven't figured that part out yet. Maybe they do it in a country like Venezuela but I am not sure if that is possible.

lol. I did some homework on this idea. Check this out: https://purse.io/earn/btc

That is actually pretty neat thank you for sharing. But I am a little confused after watching the video on it. It seems like you pay less for items with your bitcoin, do the people ordering hope that one day the bitcoin will increase in value and make money that way? Or is it just a way to buy bitcoin with items vs cash? Or a way to convert gift cards to bitcoin and that is the cost of business? I'm going to check it out farther but seems pretty neat. The only issue I see with this one is it is a site on the clear internet you would have to register to and they could be forced by governments to sanction accounts.

As a bitcoin holder you're getting yourself a discount on purchases through sites like that because the people doing the amazon purchases are using stolen cards or stolen accounts.

People who have bought through sites like these have often found amazon refuses to honour warranties etc on the purchased goods, and when they've dug a little deeper it's been because the real cardholder or account holder has flagged the transaction as fraudulent.

The idea of course is that eventually you would never need to convert back to fiat in the first place.

Monero was blackballed in the US, and same with Monero conversion services like xmr.to. Coinbase refuses to support Monero.

Turns out that governments do not like anonymous cryptocurrency at all.

It doesn't need to be anonymous. Even if the state knows your public address, they can't confiscate your funds without you giving away your key. They can try to prevent people from accepting your funds but that's a lot harder to enforce

Why though? The transaction record is public in every possible way. You can trivially audit the origin of every single funds transfer in the history of Bitcoin. "Just use a tumbler" you say - except this is the government. They can just declare that they'll also be declaring that any tumbler accounts which receive blackballed currency are tainted and blackball everything which comes out of them too.

Cash is effectively a giant tumbler. All the privacy technologies in the cryptocurrency space are just trying to replicate the base privacy functionality of cash.

The reason why surveillance-state-centered interests cannot ban cash is that the public wouldn't stand for it. It's too ingrained in the culture and economy. The same needs to happen with private cryptocurrencies. We need MetaMask to adopt a confidential transaction standard the same way the major websites adopted HTTPS over a decade ago. We still have time as the financial mass-surveillance laws in place were designed for trusted third party financial intermediaries, and not peer-to-peer finance.

kraken.com? Just try a different exchange?

When I tried to sign up, I had to scan my driver's license, enter my SSN, take a picture of myself and attach a bank account. Doing all of that kind of goes against the anonymity aspect.

Oh I agree. BUT! Some good news, once you purchase bitcoin on it - then move it to XMR on it - you are off the grid.

Some developed societies don't actually make it legal to rob you as long as you wear a police uniform.

I'm not fully understanding your point. Are you saying that we shouldn't have saner laws in Canada because a country somewhere else struggles with corruption?

No, I'm saying civil asset forfeiture on the basis that "cash kinda sus" (to borrow an expression) doesn't seem to be practiced elsewhere in the developed world to the extent that it's done in the US.

> Carrying cash is exactly how you lose it all to police corruption, sometimes called civil asset forfeiture.

If you have police seizing assets for bad reasons, allowing them to automate the process is going to make things worse, not better.

Not to mention that accounts can also be locked (at least temporarily) via software bugs, overzealous security processes and identity theft, all of which happen all the time. Cashless society is a horrible idea on so many separate levels I'm not even sure why this debate is happening.

It's not like having cash prevents you from also having a bank account and cards. No, we're debating something that's a pure reduction of personal choice.

yep. I really like the system we have in Poland, where you have a full choice. You can live entirely cashless or cash only or hybrid. You can pay any utility bill with instant transfers using a few clicks or with cash by visiting any post office where they wire the money to the service provider on your behalf. Having options is always better than not having options and with our history of authoritarian governments who loved confiscating citizen's assets, I hope the current financial system stays as is.

>Carrying cash is exactly how you lose it all to police corruption, sometimes called civil asset forfeiture.

What a foolish strawman. As if people were to carry all their net worth in cash everywhere they go.

I'm not disagreeing that it's a straw man, but... some people do carry all their net worth in cash everywhere they go.

Not anyone with any substantial wealth, ofc. But I thought it was worth saying out loud.

Not a strawman.

Nevada Cops Use Civil Forfeiture To Steal a Veteran’s Life Savings.

https://ij.org/case/nevada-civil-forfeiture/

https://news.ycombinator.com/item?id=28432736

From what I can see, your comment doesn't address the parent's comment at all. Government is not a "profit-seeking enterprise," it's a monopoly on violence. That is an enormous difference. I am not sure why you focus so much on businesses.

Because while you are correct in terms of political theory, the real world is different.

There are hundreds of news stories like this:

https://www.bloomberg.com/opinion/articles/2015-11-12/stop-a...

Police departments often get to keep a large share of money taken during civil forfeiture. You bet this creates moral pressure to bring in more cash.

Carrying $50 in my wallet which gets seized with an extremely low probability is not how I "lose it all". It's how I "lose $50 maybe but most likely not".

How I would lose it all is if we go to a digital currency and I get banned at the flick of a switch!

Yeah, it's super disingenuous.

Right now I can have any number of different assets and freely trade them in and out of cash. There is no off switch for that.

In digital currency land, once the account is turned off, that's it. If I can only pay via card, I can't barter at the local corner shop, I'm capital F fucked unless I can somehow convince a friend to buy everything for me. The end.

I'm convinced, utterly convinced, that these threads just attract propaganda bots or something. It's like they get stuck at the very top level of "but card means tap is save 0.1 seconds!" and that's it, all other executive function is disabled.

> I'm convinced, utterly convinced, that these threads just attract propaganda bots or something. It's like they get stuck at the very top level of "but card means tap is save 0.1 seconds!" and that's it, all other executive function is disabled.

There are a lot of people who are invested via their job, their business or their literal investments, into cashless payments. Big public companies like Apple and Google have made billion dollar investments in cashless payments, and a lot of people hold their stock and/or work for them.

I get what you're saying but isn't that fairly rare? Yes it obviously sucks when it happens, but an outlier in such a system vs everyone in the digital system isn't that hard to decide upon.

> Carrying cash is exactly how you lose it all

If you can even put your hands on it in the first place. A $100,000/year salary is roughly ~$6000/month after taxes. Where are you going to go to get 60 $100 bills every month, even if you could protect them?

"Back in my day..."

Getting detained police after receiving your weekly/monthly cash payment would look very suspicious to Officer Friendly as, surely everyone would agree, only criminals carry that kind of cash around. There are many twists and turns down the slippery slope.

Jeez. I take "lots of cash" out of the ATM, because when I do it, I do it all at once.

Also... drug dealers are cashless, they are using Monero! :D Ha!

In response to the 2012-2012 financial crisis in Cyprus[1], the Cypriot government decided to take 47.5% of uninsured deposits over the amount of €100,000 in the Bank of Cyprus, and all deposits over the amount of €100,000 from the Laiki bank. Greece did something similar with their bonds.

"Haircuts"[2] are regularly floated as solutions in financial crises. Just because it didn't happen during the last crisis, doesn't mean that it won't happen during the next.

[1] https://en.wikipedia.org/wiki/2012%E2%80%932013_Cypriot_fina...

[2] https://en.wikipedia.org/wiki/Haircut_(finance)

Conversely if your house burns down 100% of the money under your mattress is now worthless.

I have a cache of money from Switzerland that became worthless recently (well, I can still exchange it at the Swiss National bank someday). That kind of hurt. Also, I have some Indian money that is definitely worthless no matter what now.

WSJ opinion pages actually have a good opinion piece on this yesterday. The general take I got is that all money police or judiciary collect should go into the state's overall general fund, rather than going to the local government.

https://www.wsj.com/articles/policing-for-profit-speed-trap-...

Mirror: https://archive.fo/T4tgR

It should go to some completely unrelated dedicated fund. Like the University fund or state parks fund. Leaving it in the general fund means the state could just grant that money back to the departments.

> It should go to some completely unrelated dedicated fund. Like the University fund or state parks fund.

Money is fungible, and if you fund some <good cause> with <particular tax/fee/whatever>, all that means is that funding that was previously earmarked for <good cause> would get spent on <some less good cause>.

The solution to highway robbery and grift is not earmarking revenue, the solution is hanging the robbers and grifters off the mile posts.

I second this. While we are at it, we should have a national registry for corrupt or abusive police and other government employees. Once you get on the registry it stays for some years and you get to enjoy the better salary levels of private employers in the meantime.

The only time I've ever been mugged was by some cops. They stopped me, searched me for drugs, and took cash out of my wallet.

That’s why I only carry enough cash for what I need to spend on. This works great as a budgeting tool also. If you only have $50 cash, you would never end up spending more than that. That and a credit card as a backup in case a cop shows up…

This is a straw-man argument that civil asset forfeiture is a reason to support cashless. Civil asset forfeiture applies to both cash and debit cards(do an AltaVista search about it). Also, I can’t decipher the contextual meaning of your last sentence.

> Carrying cash is exactly how you lose it all to police corruption

In US but not in other developed countries! Do not generalize.

> The simple answer is to reject the cashless society.

> I'll take inconvenience over slavery any day of the week.

your "inconvenience" is the result of modern slavery

you get to not have to work hard because some other poor kid will produce everything you need, he won't get to have your "inconvenience"

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