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Tags (7) : cashless society

The Covid-19 Crisis: Cashless Societies Impede Economic Recovery

The Covid-19 Crisis: Cashless Societies Impede Economic Recovery
01/27/2022 | Economics
The sudden, violent outbreak of the global COVID-19 pandemic thrust the cashless debate once again to the forefront of economic discourse around the world. Was now the moment to start doing away with cash for good? Would economic recovery be facilitated through the introduction of digital-only...
cash, cashless, cashless society, Covid-19, digital payment, economic crisis, economic recovery, Paypal

Why we should not hope for a cashless society

Why we should not hope for a cashless society
08/25/2018 | Politics
Would a 100% cashless society constitute a leap forward in human evolution? Probably not, despite what influencers try to suggest nowadays. Yes, cash usage decreases. But making cash disappear could be catastrophic. Have you been in Moscow recently? If so, you may have noticed these 2.0 ring...
cash, cashless economy, cashless society

In a cashless economy, democracy loses ground

In a cashless economy, democracy loses ground
03/16/2018 | Politics
The world is approaching the moment when humanity will finally and irrevocably enter the era of a cashless society. Most of Europe has already set foot on this path. India is about to switch to non-cash settlements and increasingly more people in the US are getting used to the new non-cash reality....
Bilderberg Club, Brett Scott, cashless, cashless economy, cashless society, democracy, Dominic Frisby, Hoover Institution, John Howland Cochrane, politics, Troy Hunt

Cashless economy in Europe: whom does it benefit?

Cashless economy in Europe: whom does it benefit?
08/09/2017 | Politics
What was deemed a crazy idea just a decade ago has now drifted its way into mainstream politics. More and more ink is being given to the idea of making our economies cashless. In the eyes of promoters, it would make our societies more modern, safer, and fairer to ordinary people. But when theories are being promoted, the arguments they contain are often carefully selected, in order not to reveal who is really pushing for it. So, in the end, who really wants cash to disappear?
cash, cashless economy, cashless society, Europe

Cashless society : the golden tip of the iron rod

02/01/2017 | Economics
In the past decade, several countries have been tempted by suppressing hard currency from their economies, or have even gone through with it to some extent. Among the advocates for the killing off of cash, some quote the increased economic performance, some the decrease in criminal activity, and some the better financial security. All arguments which are audible, but overlook the high price to pay for such a society. A cashless society won't solve these problems, it will simply move them – and make them worse in some cases.
banks, cash, cashless, cashless society, poverty, security

Denmark to become the first cashless economy: what about the people?

Denmark to become the first cashless economy: what about the people?
10/23/2016 | World
Denmark is on track to become the world’ first “cash-free nation”. The government is pushing restaurants, stores and gas stations to not accept cash payments. But for the Danes, this is not Denmark’s way. Denmark could very well be the guinea pig of the European Union which would like to see more...
ban, banknotes, banks, cash, cashless, cashless economy, cashless society, citizens, denmark

Cashless economy to fight crime and terrorism: how far are we willing to go?

04/26/2016 | Politics
Cash payments have been on a slow decline for about 20 years. One of the factors is simply that the transactions we run now have more channels through which to go, so cash has to share with its alternatives. Online shopping has been constantly increasing, ever since the Internet was created. And...
banknotes, cashless economy, cashless society, crime, finance, governance, money, politics, risk management, terrorism, war on cash, world


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