Lawmakers Around The United States Introduce Bills To Protect Cash Usage
Philadelphia was the first city in the United States to ban cashless stores.
There are more than 10 bills, with 2 introduced on the federal level, that are seeking to ban the prospect of cashless stores.
A growing number of retailers today have opted to refuse accepting cash as a form of payment, they argue that this has made transactions faster and improved customer service, among providing other benefits.
Less cash on hand at the restaurant or business establishment also makes it less likely that they will be targeted for crime. But many people today still use cash as their preferred payment method and they aren't ready to drop cash for a cashless-only market.
Unfortunately, what is sacrificed here is the freedom of the individual to choose what they are willing to accept in return for the goods that they are selling. If party A wants to sell something to party B, then the two of them should agree upon what payment method is acceptable; government shouldn't be interfering with its own violence to try and bring about its own agenda of preserving the cash payment option.
If a business wants to operate on a cashless basis and risk the chance of losing those customers, and failing as a result, then that should be their right.
This only works in a world where there is real competition.
We do not have that.
You get upset at a grocery store, or they decide to go cashless... well, i guess you can shop at the local liquor store ... for your groceries.
There are many cities where the Walmart is all that is there. (after they killed everything else)
We live in a world where there are a few corporations who supply goods in a certain sector. And they are usually controlled by the same group of people.
Upset at Gillette? Just try to buy from a company that isn't funnelling money to the same people.
allowing people freedom of choice 'only works in a world where there is real competition?" wth are u talking about 🙈 🙈 🙈 🙈 🙈 🙈
Lets say you live in a city where there is only a Walmart.
And Walmart goes cashless.
You, an unbanked person, how do you get food?
I am speaking, there literally is no other choice.
Maybe you can catch a ride to another city 100 miles away.
I am totally against going cashless. It is going to hurt those in poverty and in cities where there is little to no choice on grocery stores. While I understand that governments would love it for ease of taxation I don't see benefits out weighting the cost.
I for one am not in favor of a cashless exchange or society. When things are digital you give up control and it can easily be hacked or deleted. I hear in China folks are disciplined by the quality of their social credit score. IF the govt does not like you they can restrict your cash and turn off your chip. That is dangerous on freedom particularly with a tyrannical govt. Thanks @doitvoluntarily