Posted on 07/19/2017 9:48:33 AM PDT by Roman_War_Criminal
“legal tender for all debts public or private”
Period!
KYPD
Me too. If only to imagine the server is actually getting the tip personally, not splitting it with some crappy server who is outside having another smoke break.
There are advantages in both approaches. I would have to think that all franchised businesses would want to go cashless tomorrow if they could. It would eliminate petty theft and make the balance sheets very straightforward.
Of course, your buddy Joe who owns a bar probably prefers cash, because in those types of businesses, no one declares EVERYTHING to the government. My uncle owned a dance club in the 50s. When he died, his wife went into their safety deposit box and found $20 grand in very old cash.
Disney resorts now have a wristband that is your ticket, room key, fast pass, and credit card.
The bankers get a percentage of every transaction. The government gets a record of every transaction, time-stamped and with location. The credit card companies get details of every transaction for their data mining. What’s not to like?
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