Cashless is Dangerous for Social Inclusion and the Economy

Cashless is Dangerous for Social Inclusion and the Economy
More than eight million people and businesses would struggle to survive in a society that doesn't use cash.

That's the verdict from the Post Office, which has expressed its concern about the risk of the UK steadily moving to a cashless society as the country emerges from the pandemic.
In launching a Save Our Cash campaign, it says accessing cash is becoming 'increasingly difficult' for people and companies.

Since 2015 more than 4,000 bank branches have closed - that's at a rate of around 50 a month. While a further 500, says consumer group Which?, are earmarked for closure this year.

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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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