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Originally posted by PieKeeper
If it works, then it will be a major step in the advancement of mankind.
Haven't you ever watched Star Trek?
this might be even worse than it seems ...
Originally posted by jatsc
It could work but some problems will occur
*1 lets say I want to give my kids, a homeless person heck anyone money how do I do that.
*2 If it is cashless that would mean that it is either card based or rfid based what happens if there is a power outage, with cash you can still use your money. With cards when the system goes down to do a power problem the cards stop working.
*3 For this system to be created how will people pay for things will there be a new machines merchants will have to purchase?
*4 Will the government pay for them or is this a financial hit for everyone.
If it does not cost anything to the citizens I say go for it; if it does nope the citizens should not be forced to buy stuff for this idea.
Everybody does not have credit, debit cards so that can not be the way.
I remember some town in Quebec there were testing out a cashless system and everybody used a card based system. They gave everybody these cards and you could connect them to your bank accounts etc. when you went to a store you would swipe the card and type a pin the merchant would type the price in and it was deducted from your card this is the only way I could see this working.