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Coronavirus won't kill cash





The 2020 coronavirus pandemic has brought a lot of sudden and sharp changes to the way we used to live our lives. Many of these changes, such as social distancing, will probably turn out to be mostly temporary, once the pandemic passes into history. But many other trends, such as more of us working from home and using the internet to do our shopping will probably be here to stay. One of the most profound trends we have seen is the move away from cash payments towards electronic, ‘cashless’ payment methods.

According to reporting from the ABC, cash now makes up less than 25% of the total proportion of payments in the economy, down from nearly 40% just 4 years ago.

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The War Against Cash - 06/10/2021

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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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Top Ten Things To Know

The debate

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CJEU Protects the Right to Pay in Cash

How Fraud is destroying the Trust in Cashless Society

Why local Cash can boost the Economy

Too many British rely on cash to turn into Cashless Society

Doubt over cashless economy: how trust in cash increased during covid-19 crisis

Cashless Societies are no answer to Economic Crisis

New Law to protect the access to cash?

How Free ATMs protect many people from the worst sides of Cashless Societies

No cash, no freedom, for better or for worse, an Australian example