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Cashless Society

Submitted on Thursday 4th August 2011

Published on Monday 15th August 2011

Current status: Closed

Closed: Wednesday 15th August 2012

Signatures: 9

Tagged with

Crime ~ Drugs ~ Money ~ Royal

Petition Action

Cashless Society

Additional Information

Eliminating cash eliminates whole sectors of crime, which has wonderful consequences: fewer offenders, fewer prisons, fewer wrecked lives and more resources available to benefit society.

Crime sectors that would be impossible or severely curtailed by eliminating cash include: the illegal drugs trade, corruption, undeclared income ("cash in hand", e.g. in the building trade), muggings, robberies, burglary.

Furthermore, the manufacture and handling of coins and notes could cease.

A cashless society is achieved by the government introducing a free at the point of use payment system funded by a small fraction of the money saved in eliminating the Royal Mint and the reduction in crime.

Creating a cashless society is a big win for honest folk and a big lose for criminals.

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