Comments on: What are the Disadvantages of a Cashless Society? https://www.moneypeach.com/what-are-the-disadvantages-of-a-cashless-society/ Clear A Path To Financial Freedom. Sun, 26 Jul 2020 20:56:00 +0000 hourly 1 https://wordpress.org/?v=6.4.5 By: Chris Petrie https://www.moneypeach.com/what-are-the-disadvantages-of-a-cashless-society/#comment-86850 Thu, 23 Jul 2020 21:43:30 +0000 https://www.moneypeach.com/?p=15063#comment-86850 In reply to Peter Rourke.

Hi Peter – you bring up something I had not even thought about yet with an EMP – electromagnetic pulse. Thank you for adding this to the article as why a cashless society is NOT a good idea.

]]> By: Peter Rourke https://www.moneypeach.com/what-are-the-disadvantages-of-a-cashless-society/#comment-86567 Wed, 22 Jul 2020 19:09:22 +0000 https://www.moneypeach.com/?p=15063#comment-86567 Your article fails to take into account an EMP event in which the US is without electronics for a prolonged time. How would people pay for food and needs? Gold and jewels become currency along with human trafficking, etc. Perhaps a contingency plan for the various catastrophes could be developed before going cashless at least people would feel better knowing a plan was in place if needed.

]]> By: How to Ask Your Credit Card to Increase Your Credit Limit https://www.moneypeach.com/what-are-the-disadvantages-of-a-cashless-society/#comment-85402 Sat, 18 Jul 2020 00:44:58 +0000 https://www.moneypeach.com/?p=15063#comment-85402 […] Over time, your limit will creep up and then you too can live the American Dream of having way more credit than you need. (which could be important if we move towards a cashless society!) […]

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