141–150 of 222 posts
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This argument always confuses me, as if "it makes it easier to not pay our taxes" is a legitimate argument for using cash
Yea. But the paper trail argument is a good one. Banks holding minutely detailed info of your purchase history. A PII goldmine waiting to be exploited.
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Pro tip: Coinstar wont take a cut if you get it as a gift card. The times I've used them I just opt for an Amazon Gift card or one for the local grocery chain that I'm already going to be spending money at.
That's, uh, taking a cut, albeit a smaller one. You'll lose the cashback or other rewards that you would've gotten for using a credit card. Gift cards can also commonly be obtained for under face value.
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In Europe it is generally cheaper as a merchant to take credit vs cash, because they have low credit processing fees. Because of this they take credit for pretty much any transaction. In the US, it's not uncommon to see places only take credit for purchases over $20, especially restaurants.
Have you been to Germany? Good luck with getting any cards accepted. And I think you misuse credit for debit - in UK many online retailers only accept debit cards and until the lockdown many mom and pops still really seemed to hate getting out that card machine.
Plenty of places in Europe don't accept AmEx, it still has high fees.
It's true that Germans prefer cash, but that's not necessarily because of the cost of processing cards. Most supermarkets accept cards, but the average German uses a card slightly more than once a week.
https://www.euro-area-statistics.org/classic/payment-statist...
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This argument always confuses me, as if "it makes it easier to not pay our taxes" is a legitimate argument for using cash
Yea. But the paper trail argument is a good one. Banks holding minutely detailed info of your purchase history. A PII goldmine waiting to be exploited.
Earlier quoted context omitted.
Yea. But the paper trail argument is a good one. Banks holding minutely detailed info of your purchase history. A PII goldmine waiting to be exploited.
The same amount of PII is on file for your account regardless of your transactions.
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Yea. But the paper trail argument is a good one. Banks holding minutely detailed info of your purchase history. A PII goldmine waiting to be exploited.
As if supermarkets don’t track your purchases...
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The same amount of PII is on file for your account regardless of your transactions.
If you only extract once a week from an ATM and pay in cash? No way.
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Either you live in Scandinavia, or you aren’t sufficiently tipping coat check, valet, bellhops, delivery runners, et c. Cash is also essential for grease/bribes.
Well, there’s the issue. I’m a middle class person who has never (in nearly 50 years) interacted with coat check, valet, bellhops, delivery runners, etc. As for grease/bribes... I’ve definitely never even considered doing such a thing. I think you live an entirely different lifestyle than us poor peons.
Sure, cards are convenient, but you are in effect tipping 15% less for your own convenience.
Additionally, most of the big food delivery apps have a history of skimming or outright stealing in-app tips, so it’s best to always tip delivery drivers in cash, too.
Always tip in cash. It’s the only way to make sure they get all of it, without a portion being skimmed off to pay for bombs to mass murder Afghan kids.
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I had the opposite experience. Big Bank would not take my loose coins but happily gave me paper tubes and accepted the rolls a couple days later.
That was my experience as well. It’s all odd because coins can be accurately weighed if the denomination is separated.
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Either you live in Scandinavia, or you aren’t sufficiently tipping coat check, valet, bellhops, delivery runners, et c. Cash is also essential for grease/bribes.
> Cash is also essential for grease/bribes. Am I not bribing enough people? I've never had to.
The complication was that it was 1am, new year’s day (NYE night, an hour after midnight), on Union Square in NYC, and it was raining.
Not ideal conditions in the pre-Uber world.
Had I not had $400 in cash to flag down a limo(!) and dissuade him from his scheduled appointment, she would have spent the next 3 hours bleeding either on the subway or on foot as we walked back to Brooklyn.
Another time, I got stopped on the highway to the Cancun airport driving back from Tulum. The cop kept saying something about how he would have to write me a ticket, over and over again. Eventually it clicked, and I asked “is it okay if I just pay the fine here?”
Sometimes, cash saves the fuckin’ day.