Talking about getting rid of copper coins again

The whole point of the debit card system was that even small transactions could be cashless. I'm sure the merchants were forced to slash their fees in the last couple of years as they were too high and discouraging small transaction values.
 
What about old people and IT wary sorts who do not like "online" and "digital experiences"...
I'm sure they'll be finding like minded souls and share knitted jumpers, goat hair socks, and sweeties from a little paper bag that has been in their coat pocket for a few years...

Nah sorry I am not buying that, if my nan of 98 can do it electronically following so many changes in the world then surely middle aged men can handle it as well. ;-)
 
My daughter would strongly agree that small change should be kept, especially as she gets to claim it from me at the end of the day if I have any
 
My daughter would strongly agree that small change should be kept, especially as she gets to claim it from me at the end of the day if I have any
Now that is the best argument for yet :thumbs:
 
Nah sorry I am not buying that, if my nan of 98 can do it electronically following so many changes in the world then surely middle aged men can handle it as well. ;-)

Sadly some people are more equal than others...

Perhaps the non believers could be lined up and shot in the face. Then I might just buy into it as it would help keep the numbers down :D
 
Debit cards are no longer cheque guarantee cards.
I know I was kinda Jethro Tull-ing it
(Living in the past :D )

Nah sorry I am not buying that, if my nan of 98 can do it electronically following so many changes in the world then surely middle aged men can handle it as well. ;-)
Well for every example there is a counter example, my mum @ 90 has no idea what a computer is or looks like, nor does she have any wish too ;)
 
I know I was kinda Jethro Tull-ing it
(Living in the past :D )


Well for every example there is a counter example, my mum @ 90 has no idea what a computer is or looks like, nor does she have any wish too ;)

My FIL too. And let's face it in their lifetime. ..or for that matter mine...it ain't gonna happen.
 
Sadly some people are more equal than others...

Perhaps the non believers could be lined up and shot in the face. Then I might just buy into it as it would help keep the numbers down :D

Phew I had to like that, I was really concerned about you for these last few days. I'm glad to see you are ok.

I know I was kinda Jethro Tull-ing it
(Living in the past :D )


Well for every example there is a counter example, my mum @ 90 has no idea what a computer is or looks like, nor does she have any wish too ;)

My FIL too. And let's face it in their lifetime. ..or for that matter mine...it ain't gonna happen.

When designed well, they wouldn't even have to realise they are using a computer, that is the point! :thumbs: I can't stand those designs by techies, do it well and they wouldn't know the difference. Naturally if they haven't got a Scooby about how much money there is in their bankaccount(s) then we another challenge, but their is always power of attorney.
 
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Counting bits of copper may have no added value to mankind but it does pay a lot of mortgages. I agree progress will always happen but there always seem to be victims who find themselves out of work as a consequence... There never seems to be a happy consequence, I for one look forward to working a full time 24 hr week, but suspect I will be waiting a long time.

I remember many years ago, there was this place I worked at really awful it was. It was night work long hours and poorly paid. The boss had me there for ages counting up the copper, that I had to bag up. When I finally had it bagged up, I said all done. He said good that's your wages take it home.

I never forget that night walking home, with all that copper in my pockets. Took me ages to get home it did :)
 
He's old...he's not an imbecile.
I wouldn't dismiss it out of hand. I makes sense to get these things in place whilst not an imbecile, likewise with moving the assets into trust etc....
 
I wouldn't dismiss it out of hand. I makes sense to get these things in place whilst not an imbecile, likewise with moving the assets into trust etc....

I agree.
But his unwillingness to utilise the internet for his financial business now is no reason to implement such powers.
 
I agree.
But his unwillingness to utilise the internet for his financial business now is no reason to implement such powers.
Don't forget we were discussing it in the context of using cash, or actually not using cash if it doesn't exit ;)
 
I agree.
But his unwillingness to utilise the internet for his financial business now is no reason to implement such powers.

We have an old chap who lives in our block, he is on the internet but he keeps having problems. He will give his details out to anyone who rings him up, I had to help him with his broadband the other day. Somehow he had managed to change all the log in setting. Not sure if he gave the details out to a scammer, or he simply did it himself!
 
Don't forget we were discussing it in the context of using cash, or actually not using cash if it doesn't exit ;)

Exactly. And he prefers cash.
 
Don't forget we were discussing it in the context of using cash, or actually not using cash if it doesn't exit ;)
Exactly. And he prefers cash.
Exactly the same as my mum.
And don't forget it wasn't that long ago they tried to abolish cheques, that failed dismally too ;)
Mum will write out the odd check IF something has to be paid by post, but failing that its cash,
( inc bills over the counter)
 
If they did get rid of cash, would it not cut out a lot of crime instantly? How would you pay for stolen, or illegal goods? Or other iffy services :rolleyes: There would be an electronic trail of all transactions, so if you made a transaction with a dodgy character, you could be investigated.

People could not hide cash from taxman..
 
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If they did get rid of cash, would it not cut out a lot of crime instantly? How would you pay for stolen, or illegal goods? Or other iffy services :rolleyes: There would be an electronic trail of all transactions, so if you made a transaction with a dodgy character, you could be investigated.

People could not hide cash from taxman..
And TBH I think thats the way its heading, look at all the rules that are slowly being put in place to stop money laundering,
No money no need for that, that'll put a government dept. out of a job too :D
 
Don't worry, there will be alternatives ;) alternatives to having illegal means. That is if you are clever enough. Computer nerds rule :p
 
That is if you are clever enough. Computer nerds rule :p
And when it all comes crashing down you are right royal f***ed :p

Have you never seen the Matrix? :D
 
Exactly the same as my mum.
And don't forget it wasn't that long ago they tried to abolish cheques, that failed dismally too ;)
Mum will write out the odd check IF something has to be paid by post, but failing that its cash,
( inc bills over the counter)
It only failed because they want it to fail. It is very simple, just abolish it and people adapt.

Hey these old folk have seen several wars, even survived the Thatcher years :) they can handle this change as well.
 
And when it all comes crashing down you are right royal f***ed :p

Have you never seen the Matrix? :D
You are asking the wrong questions. Who gains when it all crashes ;)
 
And TBH I think thats the way its heading, look at all the rules that are slowly being put in place to stop money laundering,
No money no need for that, that'll put a government dept. out of a job too :D
Just wonder when :(


Don't worry, there will be alternatives ;) alternatives to having illegal means. That is if you are clever enough. Computer nerds rule :p
Shh, but do you know any good ones :rolleyes:

Could this be within ten years? If so, think we all need to get out and enjoy life while we can lol
 
Debit cards are no longer cheque guarantee cards.
using any sort of card adds serious costs to the retailler, most do not accept them under £5.00
Banks make silly money charging businesses to pay in cash or cards.

They certainly do so it's good news for them, rather than have money (which must cost to make) they just move it around in the ether at virtually no cost and charge you for the privilege.

I like Cash myself, I have an up to date account balance on me at all times that way.
 
Hey these old folk have seen several wars, even survived the Thatcher years :) they can handle this change as well.

Possibly.

Good thing is, they won't have to :-)
 
You are asking the wrong questions. Who gains when it all crashes ;)
If they totally "blue screen" then no one wins, we are all screwed,
as we relied on them for too long.

Zager & Evens anyone? ;)
 
If there is a blue screen then there is still power :) when there is power nerds can perform their magic.
 
If there is a blue screen then there is still power :) when there is power nerds can perform their magic.
Ok then if its a total power out, melt down, hissy fit, dead as a Dodo etc :p
 
Then we'll resort to guns and gold pieces.
 
Then we'll resort to guns and gold pieces.

I was thinking of investing in gold coins, but don't know where to even start. Besides doubt I will ever have enough pennies to exchange for a gold coin :(
 
I can see a day where the 1p and 2p goes, we got rid of the 0.5p coin after all.
And the excuse at the time IIRC was that it was "too small"
So going on that logic, the 5p is next as is the 1p.
More excuses to inflate prices ;)
 
I remember being in a supermarket many years ago, my items came to £10.01p I only had a tenner on me. Supermarkets don't let you off with pennies, so I fumbled about in my pockets, I don't know why really, as I knew I only had a tenner on me. A lovely little old lady behind me, gave me the 1p and saved me having to put something back. So I now make sure I have a bag of change also just in case that should ever happen again.
 
Debit cards are no longer cheque guarantee cards.
using any sort of card adds serious costs to the retailler, most do not accept them under £5.00
Banks make silly money charging businesses to pay in cash or cards.

Around .15p for a debit card, and you can be sure the bigger retailers would have negotiated an even better rate than that.
 
I remember being in a supermarket many years ago, my items came to £10.01p I only had a tenner on me. Supermarkets don't let you off with pennies, so I fumbled about in my pockets, I don't know why really, as I knew I only had a tenner on me. A lovely little old lady behind me, gave me the 1p and saved me having to put something back. So I now make sure I have a bag of change also just in case that should ever happen again.
And with a debit card you would have had the 0.01 pound on you. Or not but then you have different issues.
 
My garage doesn't take debit or credit cards, it's cash or cheques only.
He doesn't want the internet or a computer, but recently has had it enabled as it was the only way he could reduce
his phone bill, not sure how that works but he doesn't have anything connected to, only time it does is if I or someone else goes
in there and uses it.
I was a surprised a while back when I asked if he would prefer cash or a cheque, to find that the banks now charge businesses to pay
cash in as well, so it made little difference
 
Actually I just remembered that visa debit cards have moved away from fixed pricing. We pay 0.5% on visa debit cards now. So £5 transaction would cost us 2.5p. Remember that when the retailer wants to charge you 50p for using your card.

MasterCard debit is still a fixed cost, regardless of transaction value. Around 15p, but I believe they are also changing to follow visa soon.
 
@Gremlin Hopefully one day he won't have that choice.

He is also limiting his clientele, you can't fix modern cars without a computer.
 
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Hopefully one day he won't have that choice.

He is also limiting his clientele, you can't fix modern cars without a computer.

He seems to manage quite well, he is a mechanic not a fitter (his words)
You actually don't need an internet connection to run the diagnostic programs
 
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