If you are not immersed in society, there is no benefit. Cashless is not only coming, if you want to, it's already here. You don't really need cash
any more. Whether that is GOOD or not is a whole different issue. It's really a double-edged sword.
For example, when you pay by debit card, you have an automatic receipt for your own record-keeping. You know where your money went--precisely. You
also get a statement every month so you can reconcile your expenditures. This is good.
But "they" have a record of what you bought as well. Not only the retailer, who can profile you, but law enforcement and government on demand, within
minutes of the sale. This is bad.
On the other hand, I was involved in a situation once where someone was missing and it was urgent that they be found as soon as possible. The
authorities told me at the time, if this person uses their card, we will know what and where within minutes and we'll have a chance to get to them. In
THIS PARTICULAR CASE, this was good.
In my case, all my bills are on auto-pay but two. These remaining two are a pain in the butt because I have to pay attention to getting them paid on
time, plus they are snail-mail, an added complication which requires attention. I can't "just leave" without making arrangements. Without these two
outliers, I could just go any time anywhere. However, if you're going to do that, you have to have auto-in as well as auto-out and have a good reason
for needing to do it, like a permanent place with utilities and insurance and all that kind of stuff.
So it really depends on the circumstances and what you want to do. If you want to stay anonymous, cash is the way to go. If you don't care one way or
another, cashless is a lot easier. If you're paranoid and believe the government is out to snoop on you, cash is the way to go, but if they're
serious, they'll get you anyway. Being all-cash won't save you.
edit on 5/28/2014 by schuyler because: (no reason given)