Discussion of the Concept of a Cashless Society and the Assertion that We Will Become One

Discussion of the Concept of a Cashless Society and the Assertion that We Will Become One

A cashless society is one of those things that is vastly becoming more

popular and is beginning to replace having to go into a shop for

example and pay with money that you have stuffed into your wallet.

With the creation of bankcards paying is now much easier and a lot

safer as you now just swipe your care on special machines assigned to

the card and it immediately credits the amount from your bank it

simple. However there has been much controversy over these cares

whilst many people believe the cash card system is less time

consuming, easier to use, fits into your wallet can easily be

cancelled and stopped money is safe there are others who believe that

the card is easily hacked you have to carry it everywhere with you, if

you forget it you cannot buy anything, interest and many teenagers do

not have card assigned to them. This is an issue which has many views,

as a person who uses a cash card regularly its easy for me to side.

The phrase “cashless society” tends to make people do one of two

things: flinch or create fantastical nightmares of an Orwellian

society where bar codes and thin bits of plastic rule. Consumers are

already more likely to use either credit or debit cards rather than

cash or checks. Is the concept of a cashless society relatively new?

Not really. Need proof? Hop on the Kilpatrick or Turner turnpikes and

put your Pike pass to use, skipping the slowdown at the toll plazas.

Log on to the Internet to pay any one of your bills, be it electric or

cable. Participate in direct deposit at your place of employment. You

can enroll...

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...nsurance rates would fall , property values would rise,

sales of illegal drugs along with concomitant violence crime. Not all

proponents are as ecstatic about the benefits as that author. However,

regardless of the advantages (or disadvantages) some observers think

"it is only a matter of time before the cashless society arrives."

Others, though, describe the elimination of coins and currency any

time soon as "a myth".

The message is simply put across and that is that within the next few

years u can expect to see a great change in todayÂ’s modern society in

many ways. A big change that will occur is a cashless society will

come into affect who knows what year but it has already started with

bankcards in banks and schools. ItÂ’s clear that itÂ’s hear to stay so I

am sure we can expect big things in the future to come.