The new forums will be named Coin Return (based on the most recent vote)! You can check on the status and timeline of the transition to the new forums here.
The Guiding Principles and New Rules document is now in effect.
Replace paper money?
Nakatomi2010
Registered User regular
Registered User regular
So... And I'm sure this has been discussed before, but why not replace paper and coined money?
How much money does this country spend on printing money? Most of us just use our debit/credit cards for purchases, so why not make that the standard? Issue everyone in the country who doesn't have a bank account a cash card backed by the government and just put everyone's money in there... We already several companies paying their employees who choose not to get direct deposit with cash cards, so why not just make it government funded/mandated?
Is it not cheaper to issue/reissue plastic than it is to print money? Plus the security would technically be higher if you're ever mugged since the cards would all need pin numbers and such to use...
Problems I'd forsee is a new business in making fake cards, but honestly since those would take more skill and know how than just putting a bill on a photocopier and hitting copy... Not to mention that it'd probably become easier to track conuterfeiters because they'd have high prices.
What about cash only businesses? Couple choices, either have the government issue free card readers with cellular capabilities for remote card swiping, or have a new business of folks selling these things, but only if the person has no existing card swipe thing already....
I dunno, call me crazy, but haven't we finally reached a point where we can at least begin abolishing paper money? And would we save money as a country by issuing plastic cards?
How much money does this country spend on printing money? Most of us just use our debit/credit cards for purchases, so why not make that the standard? Issue everyone in the country who doesn't have a bank account a cash card backed by the government and just put everyone's money in there... We already several companies paying their employees who choose not to get direct deposit with cash cards, so why not just make it government funded/mandated?
Is it not cheaper to issue/reissue plastic than it is to print money? Plus the security would technically be higher if you're ever mugged since the cards would all need pin numbers and such to use...
Problems I'd forsee is a new business in making fake cards, but honestly since those would take more skill and know how than just putting a bill on a photocopier and hitting copy... Not to mention that it'd probably become easier to track conuterfeiters because they'd have high prices.
What about cash only businesses? Couple choices, either have the government issue free card readers with cellular capabilities for remote card swiping, or have a new business of folks selling these things, but only if the person has no existing card swipe thing already....
I dunno, call me crazy, but haven't we finally reached a point where we can at least begin abolishing paper money? And would we save money as a country by issuing plastic cards?
Check out me building my HTPC (NSF56K) (Updated 1-10-08)
Movie Collection
Foody Things
Holy shit! Sony's new techno toy!
Wii Friend code: 1445 3205 3057 5295
Movie Collection
Foody Things
Holy shit! Sony's new techno toy!
Wii Friend code: 1445 3205 3057 5295
Nakatomi2010 on
0
Posts
Also I'm not wild about the idea of the government being able to track all my purchases in real time.
y'all should at least get plastic notes like Oz's though. And someone really ought to figure out some kind of antibacterial treatment...
It does cost money to make currency. It's pretty retarded.
I am a fan of occassionally cashing my paycheck in dollar coins and carrying it home in a pirate chest.
Do you really want your mobile phone provider controlling access to your money?
I don't know, maybe you've had better experiences with them than I have.
Message: ＤＵＤＥ Ｉ ＮＥＥＤ ＳＯＭＥ ＣＡＳＨ ＰＲＯＮＴＯ
Oh sure, yeah, I thought you were talking as a replacement for paper money. I'd be happy enough to have the capability to pay stuff by phone, but I wouldn't want it to be the de facto method of carrying out a transaction.
It seems like bigger denominations ($5 coins, $20 coins, $50 coins...) would cover a lot of that problem. Plastic and cash cards could take care of the rest.
The great thing about pound coins, though, is that you can put your hand into a packet full of change and still have hope that there's enough in there to buy something.
Part of the problem is that not everyone has one. The homeless, for instance, often need to buy things, and often don't have cell phones. Also, the very young. Or the deaf.
If something is going to become the new legal tender, it has to be usable by everyone.
Yeah, literally everyone. And everyone must be able to easily use it. My gramma has a cell phone, but it's not like she knows how to properly use it.
Not everyone has a cell phone, so replacing other forms of payment with phones would not be feasible.
This is already fairly standard in Korea. However, they have laws that limit the amount a minor can charge to their cell phone to around $40 a month if you are under 18. You can also use your cell phone or a credit card with a radio chip in it to pay for the subway, buses, and some of the taxis here. This is almost a necessity here because the largest denomination of paper money is only worth around $7.50 USD. Unfortunately the cost of living in Seoul is fairly high so unless you want to walk around with a very fat wallet, electronic transactions are the way to go.
The government actually gives a fairly significant tax credit at the end of the year for all transactions that are done through credit/debit cards. This is to encourage people to use payment methods that are easier to track for tax purposes. You can also do it for cash purchases if you ask the cashier for a special tax receipt, but it's a hassle because you have to basically give the cashier your Korean ID number or have it assigned to your cell phone.
Bank transfers between people are also extremely common in Korea. It's not uncommon here to pay back someone $15 through a wire transfer. The reason it's so common is because they don't charge any additional fees to transfer money between Korean banks. Another big plus is the fact that you can do the wire transfer from the internet and it occurs instantly. Basically if you are out of cash during lunch, you can ask your coworker to spot you for meal, go back up to your office after lunch and simply wire him the money from your office computer.
Looking for a Hardcore Fantasy Extraction Shooter? - Dark and Darker
From what I understand, it really depends.
For instance, not all deaf people understand written language, let alone understanding English. American Sign Language differs from English dramatically in terms of grammar and structure. Least of which is to mention that facial expression constitutes a significant part of the communication in sign language.
The whole having more people starving isn't too great, and it won't do anything to prevent people from being homeless. I won't have to deal with them asking for money or conservatives telling me stories about how much money they guy that smells like piss and sits on the corner all day is bringing in.
government has to actually put effort to track all my purchases
also it would kill inter-citizen business.
Kind of eh on dollar coins but a lot of that was due to a botched launch and bad support for them.
In the mid-90s there was a try with "Cash cards" - chipped non-personal cards you could charge with up to about 200 USD. I think it failed horribly at the time. Might fare better if it's tried again now.
.
I came in here ready to say both of these things, and silly japan said it already.
GM: Rusty Chains (DH Ongoing)
No it wouldn't. We already not-give homeless people money. The shelters give the drunks bus passes to go look for a job, so they just hang around the transit center downtown and try to sell their bus pass to people, or someone gives them a can of pop and they try to sell that after they leave
Do you think that a bus pass will get you a job?
Because, last time I checked, they were pretty interested in permanent addresses and phone numbers. So, if you had neither, and someone gave you a buss pass like it was the ticket to salvation, then the rational thing to do would be to sell that fucker.
When the thing is worth $1.30?
They set up appointents for them. They give them a bus pass to get there. Drunk takes bus pass, goes down to transit area, and sells them for 50 cents apiece so he can go get drunk for one more day before finding his way back to the shelter.
They don't even sell mouthwash downtown anymore because too many guys were drinking that straight.
I'll restate:
the ones panhandling have no interest in finding a permanent home or getting a job, they just are looking for their next beer or high.
The homeless that actually want to turn their shit around are at the shelter or at the shelter's classes or at the appointments the shelter set up for them.
These guys have brand new State IDs with the homeless shelter as their address.
Shelters are crowded, and ironically, if you want to have a cot for the night then you need to camp out there early the previous day--how's the job search going then?
Honestly, look at your life and then the life of a homeless person. If it were trivially easy to have everything that you do, then why would they ever stay homeless?
ASL is very conceptual, but finger-spelling to give specific labels(names) to items is fairly important, because a specific sign may not exist or be known. Even deaf people need to know what something is 'called' to think about it meaningfully, so reading tends to be something they are taught. Any sort of long distance communications for the deaf is going to require reading. TTY/TTDs and later texting and e-mail are very important tools for deaf people.
Facial expression kinda works like inflection. A typical use would be differentiating being between an imperative and a question. Hearing people actually do most of it when they are talking too, but it isn't as distinct.
All deaf people have people have phone is obviously an incorrect statement. That many have them, and that all but a very few could use them with little training probably isn't. They need written language if they want to do much of anything outside a very small portion of the deaf community.
The shelters are not crowded. Some of them get kicked out by the other homeless from the shelter for being too aggressive, wanting to fight, etc. A lot of homeless guys only come to the shelter for winter, and that's because the police give them the option of going to the shelter or going to jail, either way they are not staying outside.
The bums panhandling are not going to be obsoleted by changing how tender works. They'll still have ways to panhandle. The homeless that are actually working on fixing their lives get plenty of help from the shelter and don't need to panhandle. The bums that panhandle need to do it because the shelter won't buy them booze.
Of course, you can keep trying to tell me that the reality of homelessness that I have experienced is completely false when you have probably never seen it yourself firsthand. I can always tell when a bum was "exiled". We know all of their campgrounds and the police/churches do too. They have hundreds of avenues of help but they turn them down or don't work with them because they're pretty much 'lifers'.
My contrary impression may just be a product of the fact that my ASL prof was fairly old. She spent a lot of time working with deaf people who didn't understand English at all. She even worked with deaf people who didn't have any language at all--their parents were hearing, and there was no support network at the time they were young, so they had no language growing up. It was just basic guesses at what people wanted.
The most affecting story she told was about a deaf guy who was in prison for life for a crime he not only didn't commit, but completely didn't understand. But he couldn't defend himself in court, because he didn't have language of any sort, not even sign language.