Re:How U.S. Banks Took Over the World
by raxxorrax on Wednesday September 04, 2019 @11:15AM
(#20877927)
History of recession might be a factor.
Personally, I like cash. Better for tips, pocket money and other things. I also like to not leave any transaction history, even if banks are mostly privacy aware.
If you are dependent on social security and the state has the power to look through your finances, you begin to see the advantages again. Because they would rob you of your last 20$.
Cashless paying is convenient and fast, but otherwise isn't really something many people strive for.
Heard about the finance crisis in Greece and how access to their bank accounts became restricted? Another hint.
Personally, I like cash. Better for tips, pocket money and other things. I also like to not leave any transaction history, even if banks are mostly privacy aware.
If you are dependent on social security and the state has the power to look through your finances, you begin to see the advantages again. Because they would rob you of your last 20$.
Cashless paying is convenient and fast, but otherwise isn't really something many people strive for.
Heard about the finance crisis in Greece and how access to their bank accounts became restricted? Another hint.