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A Digital World does not mean the End of Cash





Money, that’s what I want, goes the song. Many of us are saying yes to money, but no to cash, which is causing difficulties for some.

On my tallboy is a small red metal telephone box with a slit in the top to take 10 and 20-cent coins. Each year about now I empty it and buy something for someone for Christmas. This year was disappointing – just $13.70 in the box. Last year there was about $37, the result of two years’ savings effort.

Unless I have bought something for cash and been given change, I walk around coinless, although not cashless. There will be notes in my wallet, and a purse in the car has a few coins for a parking meter.

I used to use my credit card as much as possible when the reward schemes were better, but merchant surcharges, which I loathe, have further cut that back.

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The cashless society from an ethical point of view

The debate about the move towards a cashless society has been at the center of the scene for several years, now. Various angles have been taken by economists, politicians, banking institutions and sociologists. Beyond the technicalities of the debate, lies the question of freedom, of inter-citizen solidarity and of governmental responsibility. The debate cannot remain in the hands of financial specialists, it is first and foremost an ethical, political and societal issue.










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