Posted on 07/10/2018 9:29:06 AM PDT by C19fan
Aaron Bateman pulled out a few $20 bills to pay for a taco lunch in the nation's capital. To his surprise, his money was no good in the city where money is printed.
Surfside, a popular 24-hour Mexican eatery, doesn't take cash. No cash means no register for robbers to empty out, no bills for workers to slip into their pockets and no change counting holding up lines.
(Excerpt) Read more at sfgate.com ...
Even if it takes the form of bottlecaps.
If they won’t take cash, does that mean legally there is no debt to be paid?
They should have to take exact cash.
In the olden days the $1.00 notes said...Pay to the bearer, ON DEMAND, one dollar in Gold or Silver.
Interesting that in the Civil War, Salmon P. Chase issued “greenbacks” in the form of notes and declared them legal tender.
When Salmon P. Chase became Chief Justice of the SCOTUS, he declared ONLY gold and silver to be legal tender.
Answer to why businesses can refuse cash. “Debts” is narrowly defined.
Though I will occasionally get cash in hand for one odd reason or another, roughly 98% of the time I have no money on me. In fact, I saw a $100 bill last week and I thought it was foreign currency. I was handed a quarter by my granddaughter a couple months ago and thought it was a nickel.
All that being said, going completely cashless would be a sign of the end times so many talk about. It’s one of those things that seems like it would not have an impact but the devil’s in the details. And where I live, there are plenty of places that only take cash or check. Still.
If it’s going to happen, it will have to be a natural progression. If the government tries to force it, it will be a naturally happening disaster.
Any taco lunch that takes more than a $20 better be feeding an army.
I am sure you realize that while our money is legal tender and can be used to settle debts, it is up to the vendor to decide how they want to be paid. The vendor can demand gold, marbles, or credit cards ... whatever suits him.
Cashless, electronic via cell phone or using credit cards may sound convenient but really is the government being able to monitor your every move and every money transaction. Government wants to be able to watch your money use to be able to tax every cent you earn and to detect transactions government deems illegal, banned drugs or sugar sodas, etc.
I don’t have a cashless app on my phone and I don’t use credit cards for purchases under $10 as I know small merchants have to pay the card company 5 or 6 percent on transactions.
I never use cash for anything these days. Then again, getting credit card points for travel is my new hobby.
Won’t take my cash?
Send me an invoice at the end of the month.
It’s never had any legal backing. Unless you’re paying the government, they’re the only folks that have to take cash.
Thanks for the free tacos!
What happens if you debit card is compromised? I may need to go to the grocery store before they get me a new one. We have tornadoes in my town that took down electricity for days. Debit cards don’t work without electricity and neither do gas pumps. What am I supposed to do, eat my debit card and ride my mule?? I don’t have a mule. This isn’t just a bad idea, it is a horrible idea that is dangerous. . . . I am in the banking business.
Just build the damned wall and let’s slow some of this drug trade down. That alone will put a crimp in the illicit cash transactions. Time to restore freedom in America, not restrict it further.
How about checks?
Of course, the only folks still writing checks in public are elderly. The kind who wait for everything at the supermarket line to be checked out before rummaging through their purses in search of the checkbook. After they rummage through their purses in search of coupons.
I need to work on being patient.
To be contrarian-
It’s the people with cash the slow the line down. Almost as bad as those stupid checks. no one should need more than 15 seconds to pay for anything short of a house.
It has been my experience that seniors trying to use debit/credit cards are the slowest.
I often comment how nice it would be if we had pieces of paper that could be used to pay for things.
Millennials respond with glazed eyes and slack jaws (unless that is just their normal demeanor).
Sounds like it. And clearly the real story here is tacos for lunch costing a stack of twenties! In a town where they can’t keep lamborghinis and Ferrari’s in stock. Ain’t other people’s money great!
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