I wrote The War on Cash a couple of years ago and it appears people are quite interested in the subject – now more than ever.
I was recently combing through the reviews of the book and there were some interesting comments that I’m posting here:
“People have already become accustomed to buying with credit and/or debit cards. At points of sale one observes fewer and fewer cash transactions. Governments and banks are encouraging citizens to go further in that direction by giving up cash as a means of purchase. Scandinavian countries have already begun to move in that direction. Though in some countries (The USA for instance) citizens still want cash to be available, the trend appears to be towards a cashless society.
Governments encourage the move, giving as reasons that it is easier to pay electronically, and it cuts down on money laundering and tax evasion. The author points out that a cashless society becomes one that is more under the thumb of Gov’t. control and Gov’t. invasion of privacy. Mr. Moran advises readers to become more serious about saving and using cash rather than cards (or electronic devices) in their everyday transactions. By using cash the buyers avoid having the Gov’t. and others being privy to what buyers are doing and where they are doing it.
This pamphlet carries a message that should be required reading. Some will say that keeping and using cash causes the holders to be subject to loss by robbery and burglary. But having money cards and devices that are subject to being stolen and used fraudulently is just as much of a risk in the opinion of this reviewer. Others will believe that their Gov’t. would never use its power to (such as) automatically empty people’s bank accounts while giving as reason that it was necessary for public safety and the defense of the nation. This reviewer suggests that those who innocently allow a Gov’t. to gain too much control over their lives, will find their lives to be much less pleasant than they had been.”
“Nothing new here if you’ve been following the topic, but for those who haven’t it should be eye-opening. For all the apparently good reasons to abandon cash, it follows that the “cashless” sacrifice freedom and privacy, at the very least. Those who depend on cash for a little income (e.g. panhandlers, yard- and garage-sale folks, Facebook ***Deals, etc.) would be left out. What are they supposed to do? Carry smart phones and card readers? The banks would make out like bandits, charging the consumer and business for every transaction.
I recommend the book for the curious. It’s short, easy to read, and to the point.”
“Given that most of what was derailed I’m this book is seen or experienced every day, it is done in silos and so the regular person doesn’t conceptualize the entire picture. Thus book bought it all together!”
“The book War on Cash by Andrew Moran provides an interesting insight into the cashless world. The author outlines the history of cash, its many benefits and talks about how, despite technological advancements and the infiltration of credit cards, debit cards and even digital currencies, cash continues to the safest, simplest and most effective monetary instrument. He also talks about the role technology has played in the demise of cash and how we are moving towards a cashless society simply because of government policies, banks and the millennials who are shunning it in favor of plastic. Overall, this is an excellent read and provides an interesting perspective of retaining cash as the primary mode of carrying out financial transactions.”
I am grateful for these kind reviews.
For those making a comment about the length, I do plan on writing a second longer book on the topic. I am currently working on a book now, so once that is done then hopefully I can immediately start penning a second one.
Also, I noticed someone selling a copy for $900. I’m deeply flattered that someone thinks it is worth that much!