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Not using Cash since lockdown (7 Viewers)

  • Thread starter Sky Blue Harry H
  • Start date May 19, 2020
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wingy

Well-Known Member
  • May 19, 2020
  • #36
shmmeee said:
Yeah it’s already happening (WTF is a TikTok?).
Click to expand...
It's the economy of the future , where nothing gets made!!
 

hill83

Well-Known Member
  • May 19, 2020
  • #37
shmmeee said:
Yeah it’s already happening (WTF is a TikTok?).
Click to expand...

Not having that though. You can find out in 2 minutes.
 

Nick

Administrator
  • May 19, 2020
  • #38
shmmeee said:
Yeah it’s already happening (WTF is a TikTok?).
Click to expand...
You should know you massive nonce.
 

eastwoodsdustman

Well-Known Member
  • May 19, 2020
  • #39
clint van damme said:
I had to deposit just short of 900 quid in my account last week.
They grilled me as if it was 9 grand. Really pissed me off. I thought about it after and I'm going to tell them to piss off if they try it again. Piss take.
Especially as I rarely deposit cash.[/QUOTE

Its usually to do with money laundering regulations. Unusal deposits of cash or large amounts are always getting queried nowdays.
Click to expand...
 

shmmeee

Well-Known Member
  • May 19, 2020
  • #40
Alright I do know what a TikTok is, mostly because I’ve got a 10 year old and the missus watches them. I suppose more accurate would be WHY is a TikTok? Most of them are garbage. Same as YouTubers in general. They’re all shit. I don’t get it.

 
Reactions: SkyBlueDom26, hill83 and wingy

Gazolba

Well-Known Member
  • May 19, 2020
  • #41
Sky Blue Harry H said:
Don't know if anybody has found it the same - and apologies for anybody struggling financially - but I have become increasingly aware that I am not using cash since the lockdown started, and have tried to examine why. <snip>
Click to expand...
For me this is nothing new.
I've been using less and less cash over the past few years.
There are still a few businesses here that do not accept credit cards, so I carry a small amount of cash for that reason.
I also sometimes will pay cash if a business charges an exhorbitant premium for using a credit card (technically illegal but some businesses still do it).
Otherwise everything goes on a card.
I like that I get a complete categorised list of everything I've spent in the last month.
 
Last edited: May 19, 2020

chiefdave

Well-Known Member
  • May 19, 2020
  • #42
shmmeee said:
Alright I do know what a TikTok is, mostly because I’ve got a 10 year old and the missus watches them. I suppose more accurate would be WHY is a TikTok? Most of them are garbage. Same as YouTubers in general. They’re all shit. I don’t get it.
Click to expand...
Having just googled tiktok isn't it the same as tout that was around a few years ago and completely flopped or Vine which got the chop when other services added video?

There's so much overlap on these sites its ridiculous, people must waste hours. Do new ones keep emerging just because kids want to be on something that nobody else is on and therefore nobody is telling them what they can and can't do on there?
 
Reactions: shmmeee

shmmeee

Well-Known Member
  • May 19, 2020
  • #43
chiefdave said:
Having just googled tiktok isn't it the same as tout that was around a few years ago and completely flopped or Vine which got the chop when other services added video?

There's so much overlap on these sites its ridiculous, people must waste hours. Do new ones keep emerging just because kids want to be on something that nobody else is on and therefore nobody is telling them what they can and can't do on there?
Click to expand...

Right? Why not just upload a really short YouTube video? And the app is impossible to navigate! Why?!

I think growing up is not trying to stay on the train of the latest cool thing. As far as I’m concerned YouTube was the last big website/app and everything else is some nonsense fad for kids.
 

Sky Blue Harry H

Well-Known Member
  • May 19, 2020
  • #44
Ironically, my son has just handed me £50 cash, as he wants to use my credit card to buy software :joyful:
 
Reactions: wingy

hill83

Well-Known Member
  • May 19, 2020
  • #45
shmmeee said:
Alright I do know what a TikTok is, mostly because I’ve got a 10 year old and the missus watches them. I suppose more accurate would be WHY is a TikTok? Most of them are garbage. Same as YouTubers in general. They’re all shit. I don’t get it.

View attachment 15106
Click to expand...

There is some really good stuff on YouTube and there’s a bit of quality content if you know specifically what you are looking for. Never used tik tok though.
 

shmmeee

Well-Known Member
  • May 19, 2020
  • #46
hill83 said:
There is some really good stuff on YouTube and there’s a bit of quality content if you know specifically what you are looking for. Never used tik tok though.
Click to expand...

I think YouTube is great, but YouTubers are garbage to a man. Not seen one that doesn’t piss me off within seconds.
 
Reactions: MusicDating and hill83

hill83

Well-Known Member
  • May 19, 2020
  • #47
shmmeee said:
I think YouTube is great, but YouTubers are garbage to a man. Not seen one that doesn’t piss me off within seconds.
Click to expand...

Like and subscribe
 
Reactions: Otis

ccfc92

Well-Known Member
  • May 19, 2020
  • #48
Grendel said:
Same have t withdraw any for a couple of months.

I will use some at some point as a cashless society is what banks want and it’s not a good idea
Click to expand...

Other than the obvious of so they can monitor everything, why?
 

Wyken Sky Blue

Well-Known Member
  • May 19, 2020
  • #49
Rarely use cash. Only time I do is if I'm out on the beer or someone has owed it to me without bank transferring it to me.

I'm all for a cashless society. Better traceability of transactions, less tax dodgers, cannot lose it or be mugged. Also reducers spreading of viruses...

Yes the older generation would have to get used to it, but I cannot see how having an extra card would be a problem. Perhaps banks could prioritise helping the over 65s and encourage everyone else to use online banking?

It's a yes from me

Sent from my I3113 using Tapatalk
 

Wyken Sky Blue

Well-Known Member
  • May 19, 2020
  • #50
Skybluefaz said:
Ha ha yeah, and usually the queen has a moustache like Mickey Quinn.
Click to expand...

Freddy Mercury?

Sent from my I3113 using Tapatalk
 
Reactions: wingy

Skybluefaz

Well-Known Member
  • May 19, 2020
  • #51
skyblue1991 said:
Freddy Mercury?

Sent from my I3113 using Tapatalk
Click to expand...
They were full of hooky notes basically
 

Grendel

Well-Known Member
  • May 19, 2020
  • #52
ccfc92 said:
Other than the obvious of so they can monitor everything, why?
Click to expand...

They make money on card transactions
 
Reactions: ccfc92

clint van damme

Well-Known Member
  • May 19, 2020
  • #53
skyblue1991 said:
Rarely use cash. Only time I do is if I'm out on the beer or someone has owed it to me without bank transferring it to me.

I'm all for a cashless society. Better traceability of transactions, less tax dodgers, cannot lose it or be mugged. Also reducers spreading of viruses...

Yes the older generation would have to get used to it, but I cannot see how having an extra card would be a problem. Perhaps banks could prioritise helping the over 65s and encourage everyone else to use online banking?

It's a yes from me

Sent from my I3113 using Tapatalk
Click to expand...

you think the big tax dodgers have got a shoe box full of twenties under the bed?!
 

shmmeee

Well-Known Member
  • May 19, 2020
  • #54
clint van damme said:
you think the big tax dodgers have got a shoe box full of twenties under the bed?!
Click to expand...

This is interesting, size of the U.K. shadow economy is 10% of GDP, which is low for a western nation. UK shadow economy worth £150bn

So even if we went cashless we’d benefit from tracking/tax collection less than most. Still a hefty prize for HMRC though.
 
Reactions: clint van damme

bringbackrattles

Well-Known Member
  • May 19, 2020
  • #55
clint van damme said:
you think the big tax dodgers have got a shoe box full of twenties under the bed?!
Click to expand...
Didn't Ken Dodd stash his cash under the bed ? Said he never trusted banks. I saw him in concert at Walsgrave Club and he joked at this story.
 
Reactions: clint van damme

shmmeee

Well-Known Member
  • May 19, 2020
  • #56
Just been off down a Google hole about this and reading about Sweden where they’re almost cashless.

Some really interesting repercussions: hadn’t considered how cash is backed by the state, but money held in banks or apps isn’t. So it effectively privatises money. The Swedes are trialling government backed digital currency and app ecosystems but the thought is we wouldn’t as our state is more hands off than theirs.

Another point made both here and in Sweden is that we are “sleepwalking into a cashless society”, since 2007 cash usage has halved here and since 2017 more transactions are done with debit card. But I think that shows why it’s important to solve the issues around budgeting and ease of use and resilience in the face of disasters now. The market is going cashless and at some point you simply won’t be able to use it even if you want to as cash machines close and businesses/bank branches stop accepting it. When that happens it’s better we’ve got solutions in place than scrabbling around because we didn’t want to speed it up.
 

Sky_Blue_Dreamer

Well-Known Member
  • May 19, 2020
  • #57
shmmeee said:
Cash is so wasteful and outdated, I’d rather see a decentralised payments system, maybe government hosted, ideally open source, so we can go cashless without a reliance on VISA and the like.

Let’s be honest, cash is only really used to avoid tax and other illegal stuff. I much prefer having a record of what I’ve spent and being able to lock access to my money in an instant than carrying bits of paper and metal around TBH. Though I’m quite future forward, don’t like physical media either or paper documentation.
Click to expand...

Largely agree on the cashless issue but I still have some issues with going non-paper. Books etc - e-books are brilliant - but for records still not overly happy.

Years ago I put all the family history stuff my nan has done on the computer and also digitised a lot of the old photos. The family history program no longer works on modern OS so can't access and some of the photos have become corrupted files (but I do have back-ups and there are cloud services but what if something happens to them?). Happy I kept the originals just in case.
 

shmmeee

Well-Known Member
  • May 19, 2020
  • #58
Sky_Blue_Dreamer said:
Largely agree on the cashless issue but I still have some issues with going non-paper. Books etc - e-books are brilliant - but for records still not overly happy.

Years ago I put all the family history stuff my nan has done on the computer and also digitised a lot of the old photos. The family history program no longer works on modern OS so can't access and some of the photos have become corrupted files (but I do have back-ups and there are cloud services but what if something happens to them?). Happy I kept the originals just in case.
Click to expand...

Personally I’m willing to bet I’m more likely to lose some paper or a USB disk (or a whole laptop, there’s one with about 20BTC in a landfill somewhere) than Google is to lose my data. But I understand the unease. I guess it comes down to trust. Some people like to be fully in control themselves.
 

Wyken Sky Blue

Well-Known Member
  • May 20, 2020
  • #59
clint van damme said:
you think the big tax dodgers have got a shoe box full of twenties under the bed?!
Click to expand...
No, but there will certainly be less people using it to their advantage during tax declarations. What the books say go if its all done cashless

Sent from my I3113 using Tapatalk
 

LastGarrison

Well-Known Member
  • May 20, 2020
  • #60
It’s certainly time to think about taking a number of coins out of circulation.

1’s, 2’s and 5’s as an absolute minimum.
 

clint van damme

Well-Known Member
  • May 20, 2020
  • #61
LastGarrison said:
It’s certainly time to think about taking a number of coins out of circulation.

1’s, 2’s and 5’s as an absolute minimum.
Click to expand...

What am I going to use to tip?
 
Reactions: Terry Gibson's perm and wingy

Wyken Sky Blue

Well-Known Member
  • May 21, 2020
  • #62
shmmeee said:
. As far as I’m concerned YouTube was the last big website/app and everything else is some nonsense fad for kids.
Click to expand...

WhatsApp? Used by most people I know that have a smartphone for messages using data and WiFi, the latter means no extra cost.

Calls and texts using minutes and text will be a thing of the past. All people care about is data.

Sent from my I3113 using Tapatalk
 

hill83

Well-Known Member
  • May 21, 2020
  • #63
LastGarrison said:
It’s certainly time to think about taking a number of coins out of circulation.

1’s, 2’s and 5’s as an absolute minimum.
Click to expand...


This is interesting

YouTube and coins. Full circle. Close the thread.
 

Kneeza

Well-Known Member
  • May 24, 2020
  • #64
I recall having a fiver left in my wallet after my last time out, pre lockdown, and picking up £100 from the hole in the wall on the way home.
Just checked my wallet, and there's £100 in it.
Own up. Who nicked that fiver?
 

Kneeza

Well-Known Member
  • May 24, 2020
  • #65
Oh, and there's four quid in ones in the dish in the hall that's been gathering dust for bloody months.
 

tommydazzle

Well-Known Member
  • May 24, 2020
  • #66
I have an honesty box outside my house for selling eggs, fruit, plants and other produce. Obviously always cash. I also buy stuff from other stalls using cash - small beer I know but it all adds up.
 
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