Why Cashless Society has too many drawbacks

BUSKERS are back on the streets of Cork city, filling our ears with wonderful music. Beside each of them is usally a wide-brimmed hat or guitar case, into which grateful patrons can drop a few coins to support the musicians.

Well, that’s if they have coins or physical money in their wallets and pockets.

Recently, during a visit to the city, it was evident that there is a diminished amount of donations in the buskers’ takings. The drive toward a cashless society has meant that fewer people carry cash on them these days, which leaves fewer people with the ability to give money to a busker, or to a person begging on the street

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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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