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-   -   No more cashless businesses (https://www.talkofthevillages.com/forums/current-events-news-541/no-more-cashless-businesses-346535/)

Johnsocat 01-04-2024 10:14 AM

Quote:

Originally Posted by dwoodley1975 (Post 2287783)
I hope it does not pass. Cashless is the way to go.

This would not prevent you from using your card if that's your preference. Hope it passes so consumer's have the freedom of choice.
The push for digital dollar has potential for govt oversight of every citizen.

threefootputt 01-04-2024 10:18 AM

I’m in DC a lot visiting family and just about everything is cashless, except, of course, the tip jar, which accepts only cash!

Frank Hamister 01-04-2024 11:19 AM

I believe that it has always been a violation of federal law to refuse to accept cash to pay a bill. As otherwise noted in this thread check your cash bills and note the statement “This note is legal tender for all debts public and private”

Two Bills 01-04-2024 11:20 AM

Quote:

Originally Posted by Indydealmaker (Post 2287913)
Naive.

Paranoid?

Two Bills 01-04-2024 11:24 AM

Quote:

Originally Posted by Arctic Fox (Post 2287864)
.
I suspect there was a lot of resistance when cash first came in

You are expecting to exchange your chicken for a pair of shoes and the cobbler wants to give you round pieces of metal as change instead of some carrots? I don't think so!

Plus ça change...

Bingo! :thumbup:

Cliff Fr 01-04-2024 11:34 AM

Quote:

Originally Posted by MrChip72 (Post 2287818)
So you don't have your life savings in a bank or investment account?

Unless you have your money locked in a safe in cash or in gold bars, your money is already all in digital form right now.

There's zero chance that anyone in a third world country is going to be able to hack our banking systems and drain everyone's money. There's more than enough safeguards in place for that. I work for one of the largest banks in the world. I'm not just passing on third hand information.

I believe that they are referring to individual consumers not the banks themselves

NoMoSno 01-04-2024 12:40 PM

Quote:

Originally Posted by Arctic Fox (Post 2287864)
.
I suspect there was a lot of resistance when cash first came in

You are expecting to exchange your chicken for a pair of shoes and the cobbler wants to give you round pieces of metal as change instead of some carrots? I don't think so!

Plus ça change...

Cash system started long ago.
Even the Incas and Romans had coins.
Of course, bartering was always an option.

retiredguy123 01-04-2024 12:56 PM

Quote:

Originally Posted by Frank Hamister (Post 2287954)
I believe that it has always been a violation of federal law to refuse to accept cash to pay a bill. As otherwise noted in this thread check your cash bills and note the statement “This note is legal tender for all debts public and private”

Not exactly. Here is an excerpt from "federalreserve.gov":

"Is it legal for a business in the United States to refuse cash as a form of payment?
There is no federal statute mandating that a private business, a person, or an organization must accept currency or coins as payment for goods or services. Private businesses are free to develop their own policies on whether to accept cash unless there is a state law that says otherwise.

Section 31 U.S.C. 5103, entitled "Legal tender," states: "United States coins and currency [including Federal Reserve notes and circulating notes of Federal Reserve Banks and national banks] are legal tender for all debts, public charges, taxes, and dues." This statute means that all U.S. money as identified above is a valid and legal offer of payment for debts when tendered to a creditor."

msilagy 01-04-2024 01:26 PM

Cash is inconvenient but preferable. CC's have their place.

frayedends 01-04-2024 04:42 PM

Quote:

Originally Posted by JoelJohnson (Post 2287876)
Paranoid much?

Not paranoid.

Seriously I'm shocked by the people that think we are naive to worry about going cashless. The folks saying it's not a conspiracy to control our money. It literally happened last year in Canada.

Banks are moving to freeze accounts linked to convoy protests. Here'''s what you need to know | CBC News

GoneFishing 01-04-2024 05:54 PM

Quote:

Originally Posted by frayedends (Post 2287829)
I'm afraid of the government hacking our bank accounts and freezing our assets. Not that I'm opposed to cashless, but it shouldn't be the only option. If you think it can't happen ask a Canadian trucker.

Exactly!! Also look at China.

tophcfa 01-04-2024 06:00 PM

Quote:

Originally Posted by GoneFishing (Post 2288025)
Exactly!! Also look at China.

I love your kind of fishing, but I hate the dam phishing that is happening these days.

MrChip72 01-04-2024 07:18 PM

Quote:

Originally Posted by frayedends (Post 2288012)
Not paranoid.

Seriously I'm shocked by the people that think we are naive to worry about going cashless. The folks saying it's not a conspiracy to control our money. It literally happened last year in Canada.

Banks are moving to freeze accounts linked to convoy protests. Here'''s what you need to know | CBC News

That has zero to do with your cashless society conspiracy.

"The regulations define a "designated person" who can be cut off from financial services as someone who is "directly or indirectly" participating in a "public assembly that may reasonably be expected to lead to a breach of the peace," or a person engaging in "serious interference with trade" or "critical infrastructure."

The organizers were using funding to basically shutdown the downtown of a large city. Some of the donations were from residents of foreign countries like Russia and even the US. You can bet that if the same thing happened in the US that the government would have those foreign donations shut down very quickly.

OrangeBlossomBaby 01-04-2024 10:57 PM

Quote:

Originally Posted by Andyb (Post 2287875)
I will be boycotting that business and any other cashless business.

I believe they do it for sanitary reasons - they bake on site, and touch food, and shouldn't have to switch out gloves and wash their hands every few minutes just because someone wants to hand them grubby bills that probably were used as coke straws by some addict 5 years ago and made their way into your wallet.

They only have to press the buttons of their cash register, which you don't get to touch at all and they can therefore keep sanitized.

Topspinmo 01-04-2024 11:04 PM

Quote:

Originally Posted by threefootputt (Post 2287942)
I’m in DC a lot visiting family and just about everything is cashless, except, of course, the tip jar, which accepts only cash!

So how do you rip if there no cash?


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