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The Last Era of Cash?

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posted on Oct, 26 2010 @ 01:00 PM
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The Last Era of Cash?


Green, tangible, US money on it's way out?
That is what it looks like to me.

What is tragic about this transition is that it will de-value the hard work you do everyday.
What makes more of an impression about how much money you spend? Pulling out 20's from your wallet for those $80 boots? or just swiping a card?
Swiping a card is a lot less likely to have you worried about what you spend than showing yourself all of the cash you are spending as you pull it out.

And now this, making it easier to spend money:


(CNN) -- Square, an application that turns a smartphone into a mobile cash register, is open for business. Created by Twitter co-founder Jack Dorsey, Square uses a free download and plastic card reader to let users accept credit card payments.

The app charges users 2.75 percent of the transaction cost plus a 15-cent fee -- a rate Dorsey said is in line with what retail stores pay for accepting cards

"No one carries cash any more," Dorsey told CNN's "American Morning."



CNN.COM


edit on 26-10-2010 by pinealexplorer because: (no reason given)




edit on 26-10-2010 by pinealexplorer because: (no reason given)


Slowly it is becoming easier and easier to spend money in this country and large corporations are making this possible. Visit the link for the video.
Keep your money close people!
edit on 26-10-2010 by pinealexplorer because: (no reason given)

edit on 26-10-2010 by pinealexplorer because: (no reason given)



posted on Oct, 26 2010 @ 01:15 PM
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This is one of my most frustrating things.
The people who are not thinking enough about the future.
If everyone used cards then eventually we won't have the option of cash.
The first step to a cashless society is getting people on board and they are very on board by the looks of it.

I personally only use cash and have never written a cheque in my life or used plastic to purchase things.

The thing that annoys me as well is I notice that it is convenient for those using cards but its not convenient for the people behind them in line.
Cash is faster and for the people who disagree...let me paint the picture.

A person in front of you pulls out their card.(most don't have it ready so they have to dig for it)
They can't seem to follow a few orders telling them what to do....so we wait while they clear it and try again.
Then we wait til it gets approved.

I pay cash and hand them a bill and get my change.
Simple.

The other thing with a cashless society is now there is a record for everything I buy and I personally feel it is nobodies business what I do.
USE CASH PEOPLE!!!!



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