I would expect an increase in gambling from cashless because you might not realise how much money you’re feeding in
Comment on Trial finds cashless gaming makes little difference to gambling behaviour on pokies
Darkassassin07@lemmy.ca 5 weeks ago
Why would you expect changing the method of payment to effect spending habits…?
ryannathans@aussie.zone 5 weeks ago
No1@aussie.zone 5 weeks ago
It makes it worse.
You are further distancing money from a physical/logical good to an abstract thing that doesn’t really mean anything.
The move away from cash to cashless is having the same effect.
Paying $15 when you only have a $20 in your wallet to last you to payday is a lot different to just tapping for another $500.
Ilandar@aussie.zone 5 weeks ago
idk, maybe I’m an old guy barking at the moon, but something feels really off. I think I’m going to pull out $500 in cash, and use that to pay for everything and see if it changes my perspective.
I don’t think you’re old fashioned at all. Young people concerned about their finances are still using the “envelope” trick even today because it works. I think the problem in this pokies example is the serious addictive behaviour so rational thought is not being utilised in the same way it would be it you or I were to budget with cash normally.
ephemeral_gibbon@aussie.zone 5 weeks ago
Nah, get rid of cash for the pokies. It alone won’t help with harm reduction but the pokies are one of the most common ways to launder money in this country. People use the resources taxes buy and should be paying their fair share.
We also need cashless gaming cards with default and settable hard limits with restrictions on when you can change it to help combat the addictions.
anathema_device@bne.social 5 weeks ago
@ephemeral_gibbon @No1 I'd rather get rid of the pokies completely
ephemeral_gibbon@aussie.zone 5 weeks ago
Oh absolutely, but an improvement is still good. Pokies are absolutely shit and should be ripped out, but it’ll be harder to get that to happen.
No1@aussie.zone 5 weeks ago
Yeah, I get it.
But I reckon the real tax cheats.- sorry, I mean tax minimisation! - aren’t the ones putting cash through pokies. They are using companies, discretionary trusts etc and various tax jurisdictions to avoid -oops! I mean minimise!- tax.
ephemeral_gibbon@aussie.zone 5 weeks ago
It’s both, stopping one doesn’t mean you can’t stop the othet
cuppaconcrete@aussie.zone 5 weeks ago
Because you can strictly enforce spending limits per person. The current system allows people who hit the limit to go down the street to an ATM and get more cash out. A digital card system is designed to close that loophole.
zero_gravitas@aussie.zone 5 weeks ago
No, which is exactly why the industry is pushing for a scheme like this.