Re:Will Cash Disappear?
by Florin_Andrei on Tuesday November 14, 2017 @03:57PM
(#15699031)
Beggars are gonna have a very hard time.
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I've seen a panhandler (in the US) flying a sign sporting a GoFundMe campaign URL.
I could see phone-to-phone contactless payment becoming commonplace in the same scenario.
Re:Will Cash Disappear?
by woolvalley on Tuesday November 14, 2017 @04:10PM
(#15699148)
Also QR codes in china: http://en.people.cn/n3/2017/0418/c90000-9204536.html
Re:Will Cash Disappear?
by ghostbrainalpha on Tuesday November 14, 2017 @04:06PM
(#15699115)
Here in Las Vegas, beggars already ask if you can VENMO them a dollar.
They usually have VENMO, PAYPAL, and the CASH app.
I even met a beggar once who had a stripe terminal and could swipe your card.
Edit: Ok, actually the last one is a joke. But not the first 3.
Not to mention pickpockets https://www.nytimes.com/2014/07/20/nyregion/the-pickpockets-...
Sweden is effectively the most cash free place on the map, and there is no shortage of beggars. Not really sure how this works.
Re:Will Cash Disappear?
by twohearted on Tuesday November 14, 2017 @04:06PM
(#15699112)
Interesting thought experiment. If beggars accepted NFC payments I bet they'd make a lot more money.