this post was submitted on 28 Nov 2023
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Everyone who is saying there is nothing wrong with cash is right. However, there is one major drawback to cash which is no longer a big problem in societies which are mostly cashless. Namely, if your wallet gets stolen and you have $300 in it, you've lost that $300 forever. If your wallet gets stolen and they get your cards, you can just cancel them and aren't even charged for fraudulent purchases.
I realize that means less privacy, but I can't afford to lose that kind of money just walking to the supermarket to buy groceries.
Valid point. But I assure you if you lose your wallet in Japan with $300 in it (because, statistically, nobody will steal your wallet), you'll find it at the police station next day.
(That's the most statistical thing that can happen, please do not try.)
Went there on vacation recently and my girlfriend left her luggage in an elevator and forgot it for 15 minutes. It was at the police box a block over.
Finally a positive post on Lemmy!