At the turn of the century we started converting our check books into debit cards, and our cash into credit cards. Our paychecks are direct deposited, and money orders are now Paypal. Western Union is now on a side ride at a truck stop, and check cashing places hardly ever have long lines.
I reach into my pocket, and I barely have $20 cash on me at a given time, yet my bank account doesnt say that, and I can essentially get anything I want with my cards since thats where my money is. Welcome to the future folks. But is this necessarily a good thing? Every single purchase is now tracked, or can be easily tracked. Im not saying that its necessarily a bad thing, but does that make for a better society?
Should we still use cash as much as we did years or rather decades ago? I dont miss cash that much, but I wonder where our society is headed, and how money will be integrated into our society in the future. Im on the fence here, but I think this can lead to trouble ala Big Brother like overseeing of our personal transactions. We really arent too far from that if you ask me. What is your stance on cash versus card use in our culture?
I reach into my pocket, and I barely have $20 cash on me at a given time, yet my bank account doesnt say that, and I can essentially get anything I want with my cards since thats where my money is. Welcome to the future folks. But is this necessarily a good thing? Every single purchase is now tracked, or can be easily tracked. Im not saying that its necessarily a bad thing, but does that make for a better society?
Should we still use cash as much as we did years or rather decades ago? I dont miss cash that much, but I wonder where our society is headed, and how money will be integrated into our society in the future. Im on the fence here, but I think this can lead to trouble ala Big Brother like overseeing of our personal transactions. We really arent too far from that if you ask me. What is your stance on cash versus card use in our culture?
