Cashless society in Switzerland? People to vote on keeping cash forever
While I like several aspects of cash, like little tracking/privacy violations, hard for someone to just cut you off from your money etc., I don't think I've used cash in 5+ years (except vacations). Absolutely every vendor in my country accepts cards or some kind of app payment and have for years, even girl scouts selling cookies.And cash is expensive. It's easy to scoff about the 1-2 % fees on cards (but in my country "BankAxept" has a flat fee of ~0.024 USD per transaction, so even cheaper). But having a business dealing with a lot of cash is also crazy expensive. You have to have extra security, pay someone to come and get it or yourself go to the bank and deposit. Then also buy rolls of change. I remember my dad spending a lot of hours a week dealing with this. So yeah, I'm all for keeping it, but I also kinda want to be able to not subside other's use of it. So a fee for using cash or something perhaps.