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I’ve been to a few places that banned cash. Most recently did some training near Ground Zero, in New York City. I am not a huge fan of business licenses. With that being said, if a business takes a license from the government, and that government print dollars that are good for all debts public and private, wouldn’t this be a violation of that business license and be grounds for a lawsuit?
I’ve been reading that several states are putting laws into effect that will disallow businesses from banning cash. I don’t remember for sure but I think the links to articles can be found at LewRockwell.com. That would be older posts from the past week. Either in their main articles or in their Political Theater section.
It seems that banning cash is mostly effecting the poor and senior citizens. Makes it difficult for these folks to function if we have a cashless society.
Over 35% of Americans are still using and prefer the use of cash. Credit cards are for big things and debit cards are for getting cash at the bank’s indoor ATM, period.