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Green Bay Forum
Cash Free Lambeau - Printable Version

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Cash Free Lambeau - k.d. - 10-07-2020

Lambeau Field goes cash-free
https://www.wbay.com/2020/10/07/lambeau-field-goes-cash-free/?fbclid=IwAR3fOLmYpCRUN1EPgZC7nU_kwmuGEjnn0ZDg2OZrsCwL5COZhdknubtiw7c

Just one more reason not to support this NFL franchise.

RE: Cash Free Lambeau - j.p. - 10-07-2020

I've been going cash free for 5 years or so. It's pretty easy. I think I've been at the bank 5 times over that time.

RE: Cash Free Lambeau - k.d. - 10-07-2020

The banks and government, especially the IRS, love you. There really is nothing like letting them know your every transaction, where you've been, what you've done and with whom.

RE: Cash Free Lambeau - j.p. - 10-08-2020

That was my feeling a few years ago. However nothing has come of it. So I'm ok, the cost and the convenience outweighs the remote risk. The IRS already knows everything.
I'm too "small potatoes" for them to worry about.

It's the merchants that you should worry about. They are forever getting hacked with folks stealing your personal info.

RE: Cash Free Lambeau - k.d. - 10-08-2020

Quote:So I'm ok, the cost and the convenience outweighs the remote risk.
Do you realize "Negative Interest Rates" are coming to banks? It is already happening in Europe.


Quote:They are forever getting hacked with folks stealing your personal info.


That's your info, dude.

RE: Cash Free Lambeau - j.p. - 10-08-2020

I don't know what negative interest rates have to do with electronic transactions.

Yep. It's my info and I get perturbed when there are breaches. But so far it hasn't cause me any problems.

RE: Cash Free Lambeau - k.d. - 10-08-2020

Quote:I don't know what negative interest rates have to do with electronic transactions.
Who stores the money used for those transactions? Do you think those transactions are free?



Quote:Yep. It's my info and I get perturbed when there are breaches. But so far it hasn't cause me any problems.
Maybe the odds are in your favor, but what about all the people whose lives get disrupted? And don't you think that somewhere along the line their disruptions and the settlements are going to cost you and everyone else in general?

RE: Cash Free Lambeau - j.p. - 10-09-2020

Sure, you would forgo the tiny amount interest you would otherwise get . But demand (checking) accounts are generally not for investment.

RE: Cash Free Lambeau - k.d. - 10-09-2020

I'm sorry for you if you can't see that these financial institutions are ripping you off.

RE: Cash Free Lambeau - j.p. - 10-09-2020

(10-09-2020, 09:59 AM)k.d. Wrote: I'm sorry for you if you can't see that these financial institutions are ripping you off.
They are making money off of me. But simply holding cash creates a higher cost.