Is it not amazing that the vast majority of Americans do not carry cash? We all rely on our banks to do everything for us. We don't balance check books, we don't take any time to count our earnings. We just carry around pieces of plastic that are direct lines to all of our money as a whole, instead of carrying around only a section of our total wealth while the rest inaccessible from our person.
Would it not be more intelligent to carry cash rather than debit/credit cards? If your robbed they can go to the nearest store and max your card in minutes. Now all of your money is gone. Also what if your bank fails? Transmission errors may occur, the store your at could be experiencing technical errors with their card readers or payment methods due to issues at their data hall. It is not an uncommon experience for banks, stores, and many systems to fall prey to hackers as well. Microsoft recently pulled all support for windows XP, which is the primary OS used by most businesses. No more security updates, no more help running it. What's to say that these businesses who are in the business to make money, not give you money, will not pay to update their systems, they will save money and remain on the same system. Which will leave your information open to hackers to exploit. Most cash register systems at small time businesses flash your information from the swiped card on their screen. Address, name, ect. Is that secure? If you use cash, this can't happen since all you do is hand them bills, they hand you change, you leave. They don't have your account number going through a system or your personal info. If you carry cash it doesn't matter if they're system is down you still have money.
So why the paperless society? False sense of security, and laziness.
- TheMLGKakashi
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