Some posts here on ARoseTintedWorld may contain affiliate links. This means that if you click a link and buy a product or register, then I may receive a commission at no extra cost to you. I may also use products from the companies mentioned in these posts. Thank you for supporting my blog!
A recent conversation with my friends over Zoom was part of the thought behind this post. I had already pondered over this in the last month, but it made me realise that other people think the same way I do about the safety of something we have been using all our lives. All of us have stopped using physical money. No coins. No notes. Which got me thinking. Could this pandemic signal the end of coins and paper money?
Could This Pandemic Signal The End Of Coins And Paper Money?
I don’t know about you, but I haven’t actually used cold hard cash for about a month now. I’ve only been for 3 food shops in the last four weeks. And only one of those was an actual walk round the supermarket, the other two were collections. On the occasion when I went into the supermarket I paid with my card at a self service till rather than get close to a server.
So it actually got me thinking, could this be the end for physical money?
It is no secret that physical money has probably been through the hands, pockets and purses of several people before it reaches you. My OH’s father (who owned a shop) always used to comment that it ‘could have been up someone’s bum’. Yes, it’s rather crass, but after all I have seen and heard in my medical career he probably wasn’t far out with that assumption. Money is not very clean at the best of times, let alone in a pandemic.
Remember that old experiment with peanuts in a bar? Some people still don’t wash their hands after going to the loo. So you can imagine how dirty money can be too…
Coins and paper money have the ability to pick up so many germs on their travels. And the current virus maybe is the last straw. As evidence suggests it lingers on metal and plastic surfaces for up to 3 days, then money really is the perfect transmission tool to spread the virus. In fact a lot of retailers are shunning cash in favour of card payments only. Maybe now is the impetus to lose cash for good?
And really, do we still need physical cash these days? It is so easy to pay without touching. Yes, I don’t really trust contactless paying, and have probably only used it twice since contactless became a thing. But it is still a way to pay from a distance without any possible risk.
In fact, the incentive to go contactless has been positively encouraged with the lifting of the limit for contactless payment rising from £30 to £40 here in the UK. This helps reduce the need for contact much more.
Even if you don’t like contactless, you can use the old ‘chip and pin’ method. It has been around in the UK for 15 years after all!
Obviously these days it is so easy to order everything online, from food to pharmacy goods. You can even order your Uber and pay before your travel. So why have cash?
It is perfectly possible to go on a night out, from a restaurant and bars, to your journey home using just a contactless and prepaid taxi all the way.
Old People Prefer Cash
And I really do get the argument that the older generations aren’t as tech savvy and don’t like internet banking, or paying by cards. My own mum would rather have cash that use her cards.
But it may have to come to it. This may have to be the last straw for actually having cash over cards. And I don’t believe that the older generation cannot get their heads around that.
So what do you think? Could this pandemic signal the end of coins and paper money? Or do you think that cash will always be an option? I’d love to know your thoughts. Comment below, or contact me on my social media channels.
And please do pin this post for later.