HOLLYWOOD STOCK EXCHANGE
THE ENTERTAINMENT MARKET
THE ENTERTAINMENT MARKET
its not going to happen...
It would require EVERY person to be attached to a bank account or credit card account. And EVERY person would need to have their own mobile card reader with network access to exchange money between persons (garage sales; tips; donations)
You paid for dinner last night, thanks, let me slide my card into your card reader to pay you back.
Younger kids would need to have a credit card on them so they can buy a slurpee at 7-11?
The power goes out in an area and people cannot connect to their account so they cannot perform purchases.
Sorry homeless person on the corner, you don't have a personal mobile card reader for me to swipe you money.
There are transaction fees that the finnacial institutions charge to merchants and how would that work that I swipe my card at the gumball machine for $0.25 to get some skittles in the lobby of the doctor's office.
Every city and small town would have to replace EVERY parking meter from coin based to card readers with network access.
So on and so on...
Do you support cashless society? It's coming. Unless people stop it? Apr 22, 11:01
most transactions are already cashless (credit/debit cards) {nm} Apr 22, 11:16
its not going to happen... Apr 22, 11:31
Razorhaw Sweden and Denmark homeless have a smartphone with credit card reader Apr 22, 11:53
Do not USA have the concept of SWISH? You just dial a number on your mobile phone to transfer the cash. Apr 24, 00:13
What happen if the entire grid shut down? No cash to withdraw {nm} Apr 22, 11:24
if the *entire* grid shuts down, then weve got bigger problems {nm} Apr 22, 11:26
Govt will force you to put chips in your entire body to make a payment. Apr 22, 11:31
Sweden and Denmark are planning to became cashless society? Apr 22, 11:33
Many shops in Sweden do not accept cash anymore, just card {nm} Apr 24, 00:09
Razorhawk it's probably going happen. I don't know when. Apr 22, 11:51
It was supposed to happen a long time ago. I think lack of security and transaction fees have slowed it down. {nm} Apr 22, 19:12