"It's time to halt the relentless drive for a cashless society" Ross Clark

HOW ironic that at a time when the Bank of England is putting more women on banknotes in order to promote “inclusivity”, it is becoming harder for us to get hold of those notes.

According to the consumer group Which?, 5,000 cashpoints have been lost over the past 18 months — one in ten of the total.
Worse, poor areas are being struck most.
Nearly a thousand of the lost cashpoints were in the most deprived areas, such as Birmingham Ladywood, which has lost 47 machines.

Some towns no longer have a machine at all, or if they do it is one that charges people a fee to access their own hard-earned cash.
The disappearance of cashpoints is partly to do with a disagreement over fees between the banks and other operators of the Link network of cashpoints.

But there is another story underlying the disappearance of cash. There is a huge lobbying operation to try to persuade us all to go cashless and use only electronic forms of payments.
Already, some fashionable bars and restaurants advertise themselves as cashless.

Too right we are not ready to have cash snatched from our wallets and be forced to pay for everything with cards or smartphones. And I hope we never will be.

Go Further

Why cash is needed - 07/19/2020

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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.

The cashless society from an ethical point of view