• Ban DHMO 🇦🇺@aussie.zoneOPM
    link
    fedilink
    English
    arrow-up
    5
    ·
    1 year ago

    We can become a cashless society without legislation; the headline is merely the reporter’s commentary on the current state

      • Ban DHMO 🇦🇺@aussie.zoneOPM
        link
        fedilink
        English
        arrow-up
        6
        ·
        1 year ago

        Nice share! While it is from a US perspective some of those issues certainly apply here, however, in Australia at least we have banks such as Macquarie which offer free savings and transaction (debit card) accounts so there isn’t so much of a cost (apart from having an address I suppose) to opening an account. But the question is should we have to have a bank account?

        I don’t think we should have to have bank accounts to interact with society. However, the economics professor in the video did make some good points about how cash fuels crime