In fact all people businesses rely cash. Yes we are now living in which cashless transaction exist but what is the main reason they are being accepted?
I am not sure whether i am able to understand everything you said here,but we have the option to have cashless transactions with the help of debit and credit cards and things are changing ,now we have more options rather than carrying hard cash 
Topic: Why we should fear a cashless world - page 23. (Read 9808 times)
For me I just worry about the logged of the transaction. And the hidden transaction in your account and also once the transaction is full.like what we are experiencing now the big volume of users the log may happen which is so bad to experience especially if you want your money now and you are in emergency. I hope if cashless implemented world wide those problems must be solve first then people will not be bothered of those problems anymore.
Well, I understand what you feel towards a problem that is now occurring. Because I also feel that, you need to know right now it would be much better if you use the bitcoin for long-term investment. If you assume that bitcoin is an investment which is the quickest to give advantage it could probably be wrong, because the bitcoin is a technology that is still under the radar of everyone. Where is bitcoin is not fully used by all people, it is now a very large number of transactions and it's causing a problem that until now still not finished. But if bitcoin is best known and used, the problem will definitely be done. Only a problem on rising prices unusually high until you can become crazy if not resistant
In fact all people businesses rely cash. Yes we are now living in which cashless transaction exist but what is the main reason they are being accepted? It is because they have monetary value in it every time you buy something on credit your bank pays the business in cash companies will always want the living proof that their assets exist and there is no way better than to show you have a lot of Fiat currency in your bank account. We are still officially living in a world where cash is still king.
i think advanced people have already changed their payment method then are now welling to have cashless business, which is i think more safe and reliable. i am hopeful that with the passage of time people will start giving importance to cashless society.
In fact all people businesses rely cash. Yes we are now living in which cashless transaction exist but what is the main reason they are being accepted? It is because they have monetary value in it every time you buy something on credit your bank pays the business in cash companies will always want the living proof that their assets exist and there is no way better than to show you have a lot of Fiat currency in your bank account. We are still officially living in a world where cash is still king.
This is the worst point of the system. At this point laws can manipulate any person on the planet to do anything.
Exactly we're like being a robot if this happen. It have a bad effect on every people around the world because we are like a puppet of the law. Also poor people will be affected because some of them are not aware on it. Still not all people around the know what bitcoin and other cryptocurrency is. 
There is no room for fear. Cashless world is probably our future but it's not the monster and it will not happen over knight, there will be period of adjustment. And that doesn't mean that everything will only be about cryptocurrencies, cashless doesn't mean without fiat money, it will not disappear just we will probably use in electronic transactions and through credit cards.
People should fear a cashless world because as of now. Most of the people are ignorant of bitcoin or any cryptocurrencies. You can not quickly teach or introduce to some people how cryptocurrency works and not all markets, stores, business, and transactions uses internet and is cash basis. There will be big adjustment and ignorance for a cashless society and that would create fear to many people.
I don't see why we should fear a cashless world at all. I mean it's not as if it's gping to be sudden and people won't be prepared for it. Of course there probably would be a long transition before we can all go cashless and i also don't think it would be entirely cashless. We're all born to adapt to change so why fear change?
People should fear a cashless world because as of now. Most of the people are ignorant of bitcoin or any cryptocurrencies. You can not quickly teach or introduce to some people how cryptocurrency works and not all markets, stores, business, and transactions uses internet and is cash basis. There will be big adjustment and ignorance for a cashless society and that would create fear to many people.
I don't see why we should fear a cashless world at all. I mean it's not as if it's gping to be sudden and people won't be prepared for it. Of course there probably would be a long transition before we can all go cashless and i also don't think it would be entirely cashless. We're all born to adapt to change so why fear change?
Cashless world also brings in a lot of advantages so don't be fear if the world will became cashless. A cashless life means less trouble with money itself: no need to look for an ATM, no heavy coins in your pockets, no cash to be lost or stolen. It’s simply more comfortable not to worry about having enough money with you for your needs. When you go abroad, this becomes even more apparent, because you don’t bother with currency exchange — you just pay with your card as usual. But for me a cashless world is a fantasy can't be happen!
Poor people and small businesses rely on cash. A contactless system will likely entrench poverty and pave the way for terrifying levels of surveillance
http://www.theguardian.com/money/commentisfree/2016/mar/21/fear-cashless-world-contactless
Discussion
Cashless society is not possible. But having decentralized system is possible. And bitcoin best fit this cashless society. http://www.theguardian.com/money/commentisfree/2016/mar/21/fear-cashless-world-contactless
Discussion
People should fear a cashless world because as of now. Most of the people are ignorant of bitcoin or any cryptocurrencies. You can not quickly teach or introduce to some people how cryptocurrency works and not all markets, stores, business, and transactions uses internet and is cash basis. There will be big adjustment and ignorance for a cashless society and that would create fear to many people.
Before this country developed indeed my country in antiquity never make transactions without money is to exchange goods but it is very difficult for everyone and make complicated, with the development of the existing era then issued cash as a more simple exchange without having to use the exchange With the goods then than that actually if we do the transaction without money is actually not to be afraid but it is only back in the past which will be difficult.
I think I don't fear that. Cashless world can't happen but if it's a cashless country then it's very likely to happen. I've got a feeling that either USA, Japan or China can implement that. If I'm one of their citizen of their cashless country then the only thing that I fear are hackers.
if ever those above mentioned countries will implement that there'll be for sure some ordinaces or movement to refrain those activities to happen , though that thing may won't work since hackers will still find a way.
I think I don't fear that. Cashless world can't happen but if it's a cashless country then it's very likely to happen. I've got a feeling that either USA, Japan or China can implement that. If I'm one of their citizen of their cashless country then the only thing that I fear are hackers.
cashless world will never happen because the government wont allow this because if there's no fiat system they can't get tax on us because if our money will be crypto currency they wont be able to get money from us. that's the reason they wont never gonna do this thing. more or less they will ilegalize crypto currency in the future if they see that its growing so fast.
Well things are not that simple when it comes to the governments there is a huge difference between the thinking of an individual and the governments. The governments are liable to look at the things in a broad sense and for this purpose many diplomats, technocrats and politicians play their roles to strengthen the institutions and build the countries interest stronger. So, currently the government is not taking any tax and this is true that the governments generate revenue from taxes of the citizens if it stops the system will be damage and no government will allow to do so.
We need to be more afraid of the laws in the country, not the payment system. Any form of payment in my opinion has its pros and cons, but many laws do not allow people to live in full.
But then you agree with me that money is life and a lot of the population in this world live off their lives in their financial incomes and so if such a critical part of human existence is being controlled by the powers that be and your financial freedoms are encroached then you're better off not living and it is difficult than any law from a wicked leader.
If a cashless society would be implemented, many people will be affected especially those we can say poor people because they are just depending on the usage of cash as a type of payment. Some are also not yet oriented of how or what does cashless society will be. It will took such a great time for them or us to adapt before we can completely say that we can go on cashless. There will problems that will arise in the implemetation of cashless society because powerful people can control various accounts and we can't do such move when they did that.
Poor people and small businesses rely on cash. A contactless system will likely entrench poverty and pave the way for terrifying levels of surveillance
http://www.theguardian.com/money/commentisfree/2016/mar/21/fear-cashless-world-contactless
Discussion
http://www.theguardian.com/money/commentisfree/2016/mar/21/fear-cashless-world-contactless
Discussion
I agree, with electronics and surveillance more advanced than ever. A cashless system would only be a way wherein the higher - ups can control people and the stocks. A cashless system that embarks on electronic levels would also spell doom once a hacker can work its way through the network and can spoil all the funds that this world can offer. Cashless can spell doom if not checked and not monitored correctly.
We should fear a cashless society firstly because it would be very difficult for government to monitor decentralized bitcoin. Then the transaction fees are already touching sky so small transactions would become impossible. Then cashless society requires 24/7 Internet connection and any fault in Internet will stop all the transactions.
A cashless society is giving complete control over to the bankers.
When implemented (which will happen sooner rather than later) you can expect the following -
1) Negative interest rates - spend your money or watch the balance shrink daily
2) Bail in's - Laws already in place, you are classed as an investor in the bank. When the bank folds you loose your cash.
3) No more bank runs due to point 2 as there is no longer any physical money to withdraw.
4) Every transaction you make is logged and audited.
5) Not classed as a "good" citizen, they will freeze your account leaving you destitute instantly.
When implemented (which will happen sooner rather than later) you can expect the following -
1) Negative interest rates - spend your money or watch the balance shrink daily
2) Bail in's - Laws already in place, you are classed as an investor in the bank. When the bank folds you loose your cash.
3) No more bank runs due to point 2 as there is no longer any physical money to withdraw.
4) Every transaction you make is logged and audited.
5) Not classed as a "good" citizen, they will freeze your account leaving you destitute instantly.
I looked back at your post and had a good chuckle
You were right on the money, less that a year ago. 1) This is what banking fees on low value accounts typically amount to. If you keep less than 1000 dollars in the bank, you will pay out the wazoo in fees, to justify/profit from your deposit.
2) We are repealing Dodd Frank as we speak. Why that's a good idea, I don't know, but if banks don't have regulation and don't carry adequate cash reserves, we move into:
3) good luck running a bank nowadays. It will simply close
they don't keep a whole lot of cash on hand, you have to notify them in advance now if you are making a substantial withdrawal, lest they give you a cashier's check.4)ACH/SWIFT
5) Owe back taxes. At some point, they will freeze your account, take the balance, and incur a charge off fee on the 'compromised' account. If that isn't enough, they will come for your wages.
We didn't even need to reject cash completely; the reliance on ACH and debit/credit have ushered in a quasi cashless society already
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