Quote from: Hydrogen on December 13, 2018, 06:24:56 AM

China appears to be adopting the inverse polar opposite of a cashless society.

I read it more as a statement that they don't want to implement it too soon. They have a valid point about the elderly population who probably aren't ready for a cashless society to be thrust upon them--and I don't think it should be, not in China and not in any country. I think it's a good move on the Chinese government's part to make the decision they did.

For better or worse, a cashless world is coming. Such a thing would have been unheard of in the 1800s, and boy how times have changed. I worry about power outages, loss of smartphones, hacking, too much trust in banks, and a few other things when I envision cashlessness. People do love paying for things with plastic and with their smartphones, but I don't think cash should ever be made obsolete.

Quote from: dmamigo on December 13, 2018, 07:46:38 PM

Mostly, Old people are still orthodox, quite a few of them have coped up with the advanced society.

Yeah, that's the big problem. They're not ready for this yet and shouldn't be forced to abandon cash. I don't see the need to rush the adoption of a cashless society. As I said, it's a good move by China.