Austria’s conservative Chancellor Karl Nehammer wants the right to use cash enshrined in the constitution, he told Austrian media in remarks published on Friday (4 August), an idea the far-right Freedom Party has been pushing for years.
The far anything can go screw itself, but we definitely need to hold on to physical currency.
Cash should never be got rid of entirely, but surely it should be up to the business if they want to take cash and then the free market decides if that decision costs them customers or not?
Citizens should have right to privacy. Cash, monero etc are important.
Then this people that seek privacy can go and shop somewhere that does take cash to maintain it, but if the market shows that they’re not the majority they can’t expect every shop to cater to them. It’s like me expecting all restaurants to go fully veggie because I personally don’t eat meat.
More like having a veggie option at every restaurant.
Must be nice living in such a huge city that there are multiple stores for everything. Can’t even order online instead, since those shops also don’t take cash (obviously).
To be fair, I order most products online anyway and there’s a big supermarket round the corner for food. When I do venture into London it’s great how much faster it is to use the trains, get a pint, pay for food, etc just tapping my phone on everything.
You never buy anything except food and drink?
This card-only thing is already happening in some places and it’s frustrating. For one, you tend to find out after you’re done shopping or while your order is already being prepared, so you’re being put on the spot. For two, for the store, it makes sense to go cash-free as long as they lose fewer customer payments than they save on cash-handling — but for those few customers who are caught by this, and who may be unbanked or have an incompatible card or high card fees or are just privacy-minded, it becomes harder/impossible to buy stuff at all.
If you’re unbanked, that is a you problem. Not a problem that society has to succumb to.
I want to live in a country that isn’t 50 years behind every other just because some backwards hillbilly decides that “the banks shan’t know what i spend my paycheck on”.
If you’re that concerned, stop using the Internet. Full stop.If you’re unbanked, that is a you problem.
Refugees and poor people don’t exist. I forgot. (I live near a refugee facility and bus drivers here don’t accept cash anymore, while most of the ticketing machines have been removed from the bus stops … fun. Essentially people who come here are almost forced into riding the bus without a ticket, at least a couple of times. In Germany, that is a criminal offense and can lead to extradition.)
the banks shan’t know what i spend my paycheck on
They legitimately shouldn’t. And neither should my supermarket/drug store be able to collect all my receipts to find out whether I am sick or pregnant.
You think they can’t collate your receipts just because you pay by cash I’ve got a bridge to sell you. Facial recognition on the tills combined with time and date of till transaction and they have all they already.
The type of argument you’re making is this: “Climate change is happening anyway, let’s build more coal plants!” I don’t really agree with the type of argument in general.
Corporate surveillance that can be turned into surveillance for the state at a whim is destructive to democracy and makes society worse.
Also, facial recognition is much slower and much less precise and generates much more data/noise than just collecting info from a card. There are quite a few practical hurdles here.
Poor people? Since when can a poor person not get a bank account?
And since when can a refugee not pay by card?And neither should my supermarket/drug store be able to collect all my receipts to find out whether I am sick or pregnant.
Go complain to the taxman lol. no, complain to the cashier, that the cashier has to forget what you bought immediately after. Delusional.
I can’t say much for Europe, but in America, some immigrants tend to not have IDs, birth certificates or other important documents needed to open a bank account. Other people tend to be far away from a bank, especially in poorer areas. Banks tend to serve the rich, and don’t see as much profit operating for the poor.
I’ll bet that some of the same things are true in Europe
Illegal immigrants, not all migrants. They don’t have those things because they’re in the country illegally, we can’t run society on what are by definition, criminals, can and can’t access.
So, you’d rather have anyone who’s “illegal” acquire all of life’s necessities by criminal means? That’s a good way to jack up crime stats.
Poor people? Since when can a poor person not get a bank account?
Have you considered that some people don’t have their life all in order? May have a drug issue?
And since when can a refugee not pay by card?
The issue is that most arrive in the EU without an EU bank account. So, yeah, the first few weeks or months, they will not have a bank account.
I get though plenty of drugs and ironicly buy them all cashless with crypto. Those people are still entitled to a basic account under a lot of countries legislation.
So, one, with most cryptocurrencies you’re not anonymous and every transaction is on a blockchain. Buying drugs with those may bite you later, depending on whether you develop any kind of ambition to be someone who’s interesting enough to investigate. Two, this comment is not about being entitled to a bank account but about having enough order in your life to handle opening/using an accoutlnt.
Have you considered that some people don’t have their life all in order? May have a drug issue?
Yes, i have also considered that i am vegan and stores can still sell meat. Nonissue. Or do you also argue against and ID System?
The issue is that most arrive in the EU without an EU bank account.
When i go to the US i can pay with my german mastercard in every store everywhere.
This is an issue for EU countries to get over, not me.Cash and crypto have more bad than good sides.
What’s wrong with the idea?
The intention.
Cash has many benefits over cards, like independence from electricity, privacy, accessibility and you don’t have to worry about wether or not a store accepts your cash (at least if you ignore currency meddling).
But the far right does not care about those things. They support the idea because of some NWO conspiracy bs and the law they would propose will probably have some specific details to reflect that, even if it’s just by ambiguity.
It’s a non-issue meant to deflect from real problems. It’s also summer, so there’s nothing going on and the news are blowing everything out of proportion.
Analysis of the whole thing (in German):
https://www.derstandard.de/story/3000000181809/nehammer-findet-keinen-verbuendeten-fuer-bargeld-vorstossThere is a lot going on in Austria. It’s just that it is climate change related floodings, and far-right people don’t like that kind of debate.
It’s really disgusting how even the media covered it for only a week and then didnt mention it again. I guess the Ahrtal only became such a big thing in Germany because of the absence of warnings and resulting deaths.
