Big Brother benefits: Covid accelerates transition to cashless society – but does it mean more safety or less freedom for us? (Op-Ed)

in #cash4 years ago

Never let a good crisis go to waste, the old saying goes, and we can see that clearly with ‘Covid-19 health concerns’ being used as an excuse to stop people exercising their right to pay in cash.

The drive towards a cashless society was well under way even before we’d ever heard the words ‘Covid-19’ but it’s been greatly accelerated in Britain these last few weeks. Either businesses have stopped people paying in cash, or they’ve said that if anyone still wants to use cash and coins, no change will be given if it’s not the right amount.

In April, it was announced that passengers on Go North East buses would have to have the exact amount to pay for their fare, or else they would have to pay by card. The managing director of the company said: “This is the latest change we’ve made to improve safety for both our workforce and our customers.”

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I am hoping cryptocurrency will be seen useful at the time of pandemic.