> someone who... has been spending time on the streets, is going to have a very hard time maintaining a bank account or obtaining a credit card without an income.
Slightly tangential to your main point, but in this day and age electronic transfers are money; cash is in effect just a fallback option for situations where there's no connection to the Internet. I believe that, in the absence of central bank digital currency, banks should be required to have a process for issuing current accounts to homeless people (albeit not necessarily with credit, just like customers who do have fixed homes). That measure alone would immediately fix a range of issues that homeless people face, wouldn't it?
It absolutely would, as would Postal Banking, which there's already a movement afoot to bring back(? I think it was around before? I'm not super up on it).
Slightly tangential to your main point, but in this day and age electronic transfers are money; cash is in effect just a fallback option for situations where there's no connection to the Internet. I believe that, in the absence of central bank digital currency, banks should be required to have a process for issuing current accounts to homeless people (albeit not necessarily with credit, just like customers who do have fixed homes). That measure alone would immediately fix a range of issues that homeless people face, wouldn't it?