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Re:Israel bans use of cash for purchases larger than NIS 6k ... by nebula8804 on Friday July 29, 2022 @11:44PM (#32284101)
Its unsustainable and is another probable leading indicator that they won't last in their current state long term(among MANY other indicators).

Only concern is whatever nonsense happens in either Israel or the UK tends to be a test run for an eventual roll out to the US. We inherit all the bad (surveillance society, erosion of rights etc.) and none of the good (universal healthcare, some decent safety net etc.)

Re:Israel bans use of cash for purchases larger than NIS 6k ... by inglor_cz on Saturday July 30, 2022 @02:00AM (#32284630)
It is, unfortunately, completely sustainable. I used to be a great friend of cash, but with automatic cashiers everywhere and a Garmin watch that you can import your card into, I don't even need to carry a wallet if I just want to buy a few apples. And Covid introduced card use to many people who used to be reluctant about it. (The older demographics, which was most threatened by severe disease.)

I still realize all the privacy and civil rights ramifications etc., but cash is slowly becoming an equivalent of steam engines fighting against diesel and electricity on the railway; high maintenance and inefficient.