Post
Topic
Board Economics
Re: China moves further towards cashless society
by
Betwrong
on 03/10/2018, 12:03:47 UTC
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A security guard later helped Xie process the payment with cash, the report said.

This is, imo, the most important part of the article. If we want more payments were made without using cash, we have to realize that some people, elderly in particular, probably will never adjust to that. The security guard in question is a hero imo, and we need people like him in every store if we want the transition to be as painless as possible. Also, every place with a sign "We accept Bitcoin" have to be always happy to accept cash as well. Only this way we can avoid unnecessary hostility towards its usage.
I agree and I appreciate what the security guard did to his fellowmen instead of discriminating he helped him process the payment with cash. Such good deed will be rewarded and remembered. It would also be nice if there is another choice to pay for fiat as cashless payment may not be adopted by old or younger people that are not exposed with the so called technology that trigger a cashless society.

Younger people normally adjust to new technologies quickly and easily, so there's nothing to worry about here. While older people are those who need some help in this case. Although over 50% of the World's Population is under 30 (I was surprised myself, but it’s true) , it would be morally wrong to not take older people into account. If they prefer to deal with cash we have to provide them with this opportunity.