There has been a movement to remove cash for a long time.
Yes, Bill Gates and his “Better than Cash Alliance” are working diligently to impose forced-banking on everyone, to get everyone licking the boots of giant corporations, as he was quite successful in doing with Microsoft.
Europe will not eliminate cash because the EU has exclusive competency over the single euro and legal tender status and meaning. If you read any court docs like that of the Hessischer Rundfunk, it’s very clear that there is a hard line prohibition on any attempts to abolish euro cash banknotes.
The problem is that while the continued existence of cash is guaranteed, forced-banking is still happening in parallel. You might have a right to buy a burger using cash banknotes but you’re not free from banks if a tax payment via bank transfer is imposed. That’s the problem. We have the worse of both worlds.
Banks still have an incentive to earn your custom as there are (still) different banks so you get to choose,
It’s not good enough. It’s easy for 6 or so banks to “compete” against each other as they collectively screw people over in various ways. Cash from the central bank is a competitor that will /never/ force you to run a smartphone app, for example, or charge you a fee. Cash is the single most important competitor banks can have.
Thanks for the feedback. So if the company is collecting pics on the parking, then the company is apparently complicit in bike racks getting stuffed.
They do have the rackless boxes where I am, but not everywhere. I’m not sure if the companies have a requirement to finance those and rent the space, but in any case they are not pulling their own weight in that respect when there is a shortage.
There is one shared bike operator where I am that has stations that the bikes are locked to. It’s a proprietary lock and they must install stalls for them. The bikes must be returned to a stall eventually, to end the billing. It’s an older system than the newer unlocked ones with tracking, but better because the company finances and manages the stalls. They take responsibility for the real estate they consume. It’s also better because your realtime whereabouts is not tracked and you don’t need an app.. you just tap an NFC card on the stall.