Hotels going cashless (i.e., refusing cash payment) & implications of refusing cash
Apr 30, 2018, 7:50 am
#46
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Apr 30, 2018, 9:53 am
#47
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It's always amusing when people think everyone else is coming from the same background as themselves. No the $1000 was not a typo, Although to be fair, the Canadian $1000 bill is now being phased out, so he will have to carry more $500 bills. For everyday walking around money, $100s and $50s come in handy. Anything else is, 'keep the change'. After all, how much change can there be from a $50 if you have lunch in a decent restaurant.
If you take 5 friends to dinner in a good downtown Toronto restaurant, how much change do you think you get from $1000 if you have a couple of bottles of decent wine? Answer, not much.
If you take 5 friends to dinner in a good downtown Toronto restaurant, how much change do you think you get from $1000 if you have a couple of bottles of decent wine? Answer, not much.
May 1, 2018, 12:33 am
#48
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It's always amusing when people think everyone else is coming from the same background as themselves. No the $1000 was not a typo, Although to be fair, the Canadian $1000 bill is now being phased out, so he will have to carry more $500 bills. For everyday walking around money, $100s and $50s come in handy. Anything else is, 'keep the change'. After all, how much change can there be from a $50 if you have lunch in a decent restaurant.
If you take 5 friends to dinner in a good downtown Toronto restaurant, how much change do you think you get from $1000 if you have a couple of bottles of decent wine? Answer, not much.
If you take 5 friends to dinner in a good downtown Toronto restaurant, how much change do you think you get from $1000 if you have a couple of bottles of decent wine? Answer, not much.
May 1, 2018, 5:21 am
#49
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$1000 note withdrawal
Yes, but existing notes are still legal tender. That time is very limited, though.
Yes, but existing notes are still legal tender. That time is very limited, though.
May 1, 2018, 8:52 am
#51
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There is still $735 million in $1000 bills in circulation. It takes quite a while from when they stop producing new bills to when all existing bills disappear from circulation.
http://www.cbc.ca/news/politics/bank...bill-1.4554758
http://www.cbc.ca/news/politics/bank...bill-1.4554758
May 7, 2018, 3:28 pm
#54
Join Date: Jul 2002
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Governments and others spying upon targets (i.e., individuals, groups, communities, a country) via electronics financial transactions isn’t post-apocalyptic nor a conspiracy theory.
Governments and others trying to control people via cutting off a target’s electronic financial transactions is also neither post-apocalyptic nor a conspiracy theory.
An economic hit or other economic-related problems due to being cut off from electronic financial transactions is also neither post-apocalyptic nor a conspiracy theory.
Governments and others spying upon targets (i.e., individuals, groups, communities, a country) via loyalty program transactions isn’t post-apocalyptic nor a conspiracy theory; but targets being controlled or otherwise restricted via loyalty program points isn’t as easily and broadly effective as targets being cut off from electronic financial transaction facilities.
But since this is about hotels going cashless, one of the implications of hotels going cashless is that it may become harder to get all the hotel points for at-property spend than used to be the case. Note that for some hotels, hotels going cashless may mean that hotel restaurant meals and some other on-site services previously chargeable to the guest room may no longer be added to the hotel room folio. And yes, I would want those transactions to still as easily result in hotel points for me as they used to do before some of these properties went cash-less.
May 7, 2018, 3:46 pm
#56
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It's always amusing when people think everyone else is coming from the same background as themselves. No the $1000 was not a typo, Although to be fair, the Canadian $1000 bill is now being phased out, so he will have to carry more $500 bills. For everyday walking around money, $100s and $50s come in handy. Anything else is, 'keep the change'. After all, how much change can there be from a $50 if you have lunch in a decent restaurant.
If you take 5 friends to dinner in a good downtown Toronto restaurant, how much change do you think you get from $1000 if you have a couple of bottles of decent wine? Answer, not much.
If you take 5 friends to dinner in a good downtown Toronto restaurant, how much change do you think you get from $1000 if you have a couple of bottles of decent wine? Answer, not much.
May 7, 2018, 5:45 pm
#57
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May 7, 2018, 9:54 pm
#58
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I must be seriously stupid, because I don't understand how going cashless means, or could mean, the hotel not allowing meals etc to be charged to the room. If anything going cashless would in my view make it more likely the hotel permitts such charging. I realize my failure to understand is on me, but I do, indeed, fail to understand.
The move to cashless status for hotels has sometimes resulted in some hotel restaurants no longer accepting billing the restaurant charges to the room; but I haven’t received a confirmed, consistent explanation of why it has resulted in that in some hotels that went cashless. And it’s even more perplexing given it has not resulted in that at all hotels that went cashless (even if looking at one hotel brand with multiple properties in a single market). One hotel restaurant had staff that even told me this was an “experiment”, but some prior explanations from the same hotel restaurant indicated, for example, IT system/communication-related limitations.
May 7, 2018, 9:57 pm
#59
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$500, $1000, $5000 and $10000 US currency notes are legal tender. However, if you plan to use them to pay your hotel bill, could you please give me a note, I'd be happy to exchange them to crisp, new $100 notes and take you (very old) currency notes away.
May 7, 2018, 10:04 pm
#60
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