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this post was submitted on 23 Sep 2023
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You make me want to go out, withdraw 29k in cash and buy a car just out of spite for that. Do people launder money? Sure, but it's usually gift card scams, and very rarely done in cash at point of sale.
The only thing a card does is make something more traceable, so that if a crime were committed, you could theoretically tie it back to a person, but I don't know that it prevents these things from happening, just makes them easier to investigate?
I live in an area where I come upon cashless businesses with shocking frequency and I hate it even though I usually pay with a card. I see it as a way to hurt people without cards or bank accounts, and I'm old enough to remember pumping gas and paying a cashier in cash afterwards and people weren't constantly stealing gas.
Maybe I'm just an idealistic person, but your comment makes me sad.
let me put on a freedomite hat and say: they are a private business and are free to dictate how they do their business regarding bill-settling methods; if a customer doesn't comply they can simply go someplace else
really though, I have never EVER seen a business which would not take cash. sure, I have seen businesses encouraging card payments and there are plenty of reasons to: one is money laundering I mentioned in the previous comment; cash is fucking expensive to handle (where I live it's 0.25% markup on card transactions vs 3 to 5% markup of a cash convoy); cash can be stolen by employees or simply misplaced. I know all this varies in different countries but where I live every single shop has cashless options, even farmers' markets stalls take cards because it costs them close to nothing and they save time and money not gathering cash.
well if a business should accept cash or not make a transaction at all then they are not acting rationally by refusing business. why do you they would intentionally hurt people with no bank accounts?
One Starbucks I went to in California wouldn't, they were "fully cashless" and proud of it. I tried, they just wouldn't accept it.
Lol that's absurd