Kate Brightwell, a reader, shares her experience of buying her bungalow based on the convenience of having everything she might need within walking distance, including a bank branch. However, she is now faced with the closure of the last bank branch near her, leaving her without any nearby options. This situation is causing concern for her, especially since she relies on cash for various transactions that cannot be done through cards or smartphones. Kate’s worries are shared by other Telegraph readers, including Joe Amos, who believes that the move towards a cashless society is a threat to personal freedoms. Joe mentions the closure of a local bank in his area, which had long queues despite the bank being located near retirement flats and a retirement village. As a result, he and many others now have to rely on using the local Post Office for their banking needs, including cash withdrawals. Another reader, David King, recommends maintaining a small amount of cash for emergencies, emphasizing the importance of preserving the option to use cash in everyday life for the sake of personal liberty.
The Importance of Cash and Personal Liberty
David King asserts that it is crucial to continue using cash and ensuring its necessity in daily life. By doing so, the data will support the ongoing need for cash. Without the option to use cash, personal liberty could be compromised.
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