47 thoughts on “How Close Are We to a Cashless Society?

  1. FACT….I LOVE WHEN PEOPLE ARE….( SCARED OF NEW TECHNOLOGY )….THEY GET….( LEFT BEHIND LIKE DUST ON DINOSAUR BONES THEM PEOPLE ARE EXTINCT TO ME )….THEM PEOPLE….( DONT EVEN NEED TO SPEAK TO ME )….THE WORLD IS ABOUT GROWTH….( NOT STAYING SMALL MINDED )

  2. Failed to mention the most important reason why an all cashless society is not advisable: Power Outages during Natural Disasters which will be occurring more often in the coming years due to climate change

  3. Nice video, but I don't think it should have been wordless. Reading everything defeats the point of the medium and makes me feel like I'd rather have just read an article.

  4. Look at China where your rights and priveleges are determined by a score and you see where cashless society in the West will lead, except controlled by the financial mafia.

  5. Cashless would just be bad for the economy. More inflation, more control over your life, less freedom, more taxes, more fees, all to benefit the rich and screw the poor. Do you really trust a bank to own all your money? if so you are stupid. Do you trust a government which currently prints money out of thin air? if so you are stupid. If it is digital and banks or government can create it by just pushing a button, it is not even real money.

  6. Just a way of giving the banks more control over us, you've got to be a moronic gullible fool bathed in total stupidity to even consider going cashless, some people have such short memories of the misery caused by the banks a few years back, and they always get away with it! Resist cashless or lose your freedom.

  7. People are probably having difficulties going cashless because they aren't sure the digital world is real of real money.

  8. No cash = no freedom… No freedom = total slavery. Total slavery = you die fast and live unhappy.
    Even paper money come in 1913 was a global fail.
    I wonder why most people are such a meat.

  9. This video doesn't address, at least not directly or completely, the question of how close we are to a cashless society. But by summarizing the pluses and minuses of such a society, it suggests that 100% cashlessness is a ways off into an uncertain future.

  10. Would be a hack away to rob or stop cash flow to any person. Cash is always more user controlled or even better gold.

  11. You can't do anything with cash anymore they don't care about that all they care about is credit, my roommate and I can't get an apartment between us we make $7500 per month but have bad credit!

  12. they tax and fee fee and tax you will broke all the and don't forget the new law banker ball in to steel all your cash tomro look realy sh1ty

  13. Scary I have NO DESIRE FOR THINGS TO BE DONE ON A APP. AT MOST MY CASH!! NO THANK YOU!!! I have no credit cards or evening a checking account I LIVE IN A CASH KINDA WORLD! IF I CAN'T AFFORD IT I DON'T GET IT IT'S CALKED LIVING INSIDE YOYR MEANS

  14. I can't believe you forgot "the power outage." Remember when the power grid went down for three days in the early 2000s? I have yet to forget the literally crying card users who were suddenly unable to buy anything or go anywhere…

  15. This system is called new world order. You are dependent on government and banks . If you think that's good . You haven't been playing close attention.

  16. Rather than a completely cash-less society, I’m living in a cash-light society in Finland. It works well here, but I’d imagine for most of the rest of the world that there needs to be the trifecta of a stable government, trustworthy banks (read: as fair as institutions regularly getting caught in tax evasion can be), and fast and inexpensive technology, especially internet connections. The only reason virtually all adults here use primarily a card is because the middle-class is strong and poverty is less of an issue as it is in some less developed countries, like Russia or the USA. Therefore the cashless attribute of a society will come easily only if reforms are made to create a fairer and more equal society.

  17. smart card, e wallets, and mobile banking together with a unique electronic identification card would be great,.

    nowadays even poor people can have credit cards,

    as for those concerned about hacking and failures, even current bank servers can be hacked or get failed

    watch die hard 4

    but yeah corruption would be reduced not eliminated, politicians and top be beaurocrats will ask for gold and diamonds instead of cash

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