I'll clear it up, cashless is annoying because instead of being able to walk outside with a couple of bills, I have to bring my whole phone or wallet with me because some vendors just don't accept cash. Sometimes I even prefer paying with cash because it helps the vendor avoid the fees they have to pay for each digital transaction.
> instead of being able to walk outside with a couple of bills, I have to bring my whole phone or wallet
That still doesn't make any sense. Firstly, 99% of people carry their phone with them pretty much everywhere so you're already a special snowflake.
Secondly, instead of "a couple of bills" you have to carry... a single card. Wow. So much hassle.
> Sometimes I even prefer paying with cash because it helps the vendor avoid the fees they have to pay for each digital transaction.
Yeah I have more sympathy with this but my feeling is vendors prefer cashless even with the fees - at least debit card fees (~0.5%), maybe not credit card fees - because cash isn't free. You have to spend time taking it to the bank, dealing with employee theft, etc. etc.
> Secondly, instead of "a couple of bills" you have to carry... a single card. Wow. So much hassle.
In case I’d get robbed, I would only loose a couple of bucks vs losing my debit card (which does not require PIN until a limit). I live in a bas neighborhood, so walking outside when it’s dark side is not fun. So having no valuables on me feels good.
> Yeah I have more sympathy with this but my feeling is vendors prefer cashless even with the fees - at least debit card fees (~0.5%), maybe not credit card fees - because cash isn't free.
I have the totally opposite experience, most small shop owners I’ve spoken to have often asked me if I had cash instead of card, some would even give better deals and include free fries If I had cash in me, it’s on that level and one if the reasons why I often prefer cash now. I actually had a discussion regarding this with my local barbershop and he told me how much he hates people who pay with cars because of those fees he has to pay.
I had no idea about CBDC, had to look it up. It’s an interesting concept.
I'll clear it up, cashless is annoying because instead of being able to walk outside with a couple of bills, I have to bring my whole phone or wallet with me because some vendors just don't accept cash. Sometimes I even prefer paying with cash because it helps the vendor avoid the fees they have to pay for each digital transaction.
It's got nothing to do with remembering.