Why Relying on Cash is still so important

In the midst of Covid there have been many changes in lifestyle patterns and one key element of that change has been the move to use less cash.

This was understandable in terms of the concerns surrounding hand-washing as well, of course, as the many related factors of lockdown – security and supply of cash in an environment heavily promoting tapping and technology to move consumers along at a pace in 2m movements.

That pace, however, has grown to see the introduction of cashless-only transacting by an increasing number of retail businesses, restaurants, coffee and snack outlets and traders and, also, State bodies.

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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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