- cross-posted to:
- asklemmy@lemmy.world
- cross-posted to:
- asklemmy@lemmy.world
Maybe December? So we all take money out of banks, at least current month salary, and spend cash only. I think that is something that shouldn’t be hard to do and it would show if we, the people, have any power left to make positive changes for the future or we can just surrender and eat bugs.
Edit:
If I’m trading my only true value, my time, then I want to have 100% control over it, not to depend if some bank would freeze my account and I lost 1/3 of my life irreversible.
I suspect you have some unhinged notions about banks and/or the government and/or cashless transactions, but because you didn’t say why we should do this thing you suggest, I don’t know what specific unhinged notions you have.
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Unhinged notions confirmed.
The “digital dollar” is a bullshit marketing term. Everyone knows that the vast majority of Canadian & US dollars are already digital ones. Conspiracy theorists have morphed a bullshit marketing gimmick into… whatever they’ve morphed it into; I don’t listen to them so I couldn’t say.
RFK has all sorts of batshit ideas, like his antisemitic and antivax ones.
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Why?
The majority of my expenses come out with direct deposit and can’t be paid with cash even if I wanted to.
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It’s just adding inconvenience to something trivial.
If you want a month dedicated to something, that something should be a good reason. People are already aware that cash exists.
I have no idea why you want me to use cash - do you think enough of us withdrawing cash will scare banks?
But we were not aware that banks can hold your money and take it away from you. That was new to me.
Can you provide an example of that?
You’ll just find out how little banks care about retail customers. What do you think happens to the cash you give to the coffee shop? They put it in the bank. They use it to pay suppliers who put that money in a different bank.
People are the same. The barista takes their cash tips and spends them. Those businesses put their money in their bank account and buy supplies or pay workers. Their suppliers do the same.
Banks do not care about your $5 for coffee, they care about the coffee shop.
Breaking news: people spend money. Back to you, Jill.
Braking news: people trade life time for money, is money real, is life real. Back to you, Jack.
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I’m just letting you know that a free checking account with $1000 in it actually loses money for banks. They would be happy to close the account for you. Removing the money will not faze them at all.
Savings accounts with more than $10K, small business accounts, CDs, and commercial accounts are more valuable in that order. Banks are doing you a favor by offering you a cheap bank account.
Using only cash opens you up to theft and loss. This is a problem for immigrants who can’t get bank accounts or are afraid of banks.
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Why though? What’s the benefit?
One benefit would be people becoming more conscious of their spending, probably not OPs goal though.
To show that you care for your life time you gave away.
I don’t quite understand what you mean by that…
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Just notice how much you got and not spend anything besides the absolute necessary like cooking groceries (no sweets, etc.) and non-essential services like Netflix, going out, eating out.
No need to take money from the bank and risk a 3000€ pay check running around.deleted by creator
Dude. Just set the limit yourself.
And for anyone with spending problems: Make it as uncomfortable to spend money as possible in digital form like a physical TAN generator for bank transfer or 2FA entry on PayPal.
Makes you think more about your spending.deleted by creator
If you manage to get your account freezed, you have way other problems.
Bit paranoid?
Two questions:
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Eating bugs is not an abnormal human behavior, and it is not uncommon in cuisine across the world. So I don’t see how that’s a negative thing, inherently?
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How would using cash translate into a message of “people power”? You’re still paying the same amount of the same currency for the same product, just in a different form.
I don’t know, but I would like to try, we don’t know what we can loose or gain, we only cry when we have issues and we don’t have solution or power to make difference, and it is just awareness month, no biggie
I mean, you’re more than welcome to try! I’m just curious why this issue in particular strikes you as a high priority
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Maybe I’m old-school, but every paycheck I take out a few hundred to act as my spending money. I mostly frequent small businesses and I know they prefer cash to avoid fees (and possibly taxes but that’s none of my business). It also helps with budgeting.
Or you could just put your money in a credit union…
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Now you see, if you just said something like “I’m tired of banks creating money out of thin air and getting bailouts when they gamble and lose, so how about we show them they should value us more instead of ruining our economy like with the 2008 crash, because if we all pull our money out they have no money left, like if all people in the world stopped paying taxes for a year, or stopped believing in money, the governments would be incapable of detaining you or that people should not be afraid of governments, corporations and their employers, instead the above should be scared of the people” I would’ve been all in, but with the direction you took it, I think I’ll pass. Oh wait.
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“I’m not good at politics “, no shit Sherlock, or monetary theory
What about my mortgage? What about my bills? I’m down to retake power, but is this how?
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But why? What do you hope to achieve by this collective cash spending?
There are stores that doesn’t allow cash any more. That is border illegal, as cash is legal instrument for trading. You can’t even open bank account without having mobile phone. Why all those restrictions? So to open bank account you already need to borrow money just to satisfy requirements. But it is your money that you are giving to bank. And what if I don’t want to have phone. Something is off and I think cash needs protection. We will know once we lose it, so why wait, let’s see if it makes difference.
It isn’t illegal. They’re a private enterprise and can take payments in whatever form they choose. They can demand to be paid in roosters and it would still be legal.
I read through all of your comments in this thread. I’m going to ask you a few questions, more for my own curiosity than anything. Feel free to answer or not, but I’ve been studying conspiracism for the past few years and I think I may be one of the most open ears around. I would say at a minimum that I have some understanding of your worldview. Not a perfect one, but some.
Are you experiencing economic instability in your life? As in, finding it difficult to pay for things that you need?
Do you feel lost or disconnected from others? Is it hard to form connections with people because your worldview is so different?
Is there some other unmet need in your life? If so, can you articulate it or is it difficult to put into words?
I’m not asking these questions to be patronizing. I’m asking them because they’re humanizing and help me get a better understanding of the person on the other side of the screen.
Credit card companies increased their fees in October. Did they do anything for merchants or cardholders to increase the quality of service a commensurate amount? No. They decided to increase their transaction fees due to greed alone.
You should spend cash, at least at merchants you like. If you pay $20 in cash, the recipient gets $20. If you pay by card the recipient gets significantly less.