The main problem is not the cashless society but that real money does not exist in real terms apart from the equivalent of the Petty Cash Tin that most companies had to purchase small items from local shops in the good old days
When we had the Bank Crash a few years ago Banks and Building Societies went under because people queued up to collect the "cash" they had in their accounts but the only real money was in the Petty Cash Tin/Cash Tills and when that ran out the Bank/Building Society went bust
Our wealth is a number of digits on a hard drive that only exists as long as every one accepts that those digits are real
Billionaires are only wealthy in terms of digits assigned to assets, if a billionaire wanted to liquify his wealth in cash he would probably be a millionaire in real cash terms
The danger in all this is if all records of how many digits we all have accredited to us were wiped out and could not be recovered we would not have any means of purchasing food etc or paying bills
When we had the Bank Crash a few years ago Banks and Building Societies went under because people queued up to collect the "cash" they had in their accounts but the only real money was in the Petty Cash Tin/Cash Tills and when that ran out the Bank/Building Society went bust
Our wealth is a number of digits on a hard drive that only exists as long as every one accepts that those digits are real
Billionaires are only wealthy in terms of digits assigned to assets, if a billionaire wanted to liquify his wealth in cash he would probably be a millionaire in real cash terms
The danger in all this is if all records of how many digits we all have accredited to us were wiped out and could not be recovered we would not have any means of purchasing food etc or paying bills