Stores to customers: "Cash not welcome here"

See BS News ^ | August 12, 2016 | Aimeee picchi

[upchuck]

Cash is still King. Lots of places to eat that welcome cold, hard cash. SweetGreen can stick it.

[Jonty30]

A lot of this is being pushed by insurance companies, because it’s less risky for robberies if the cash available is very limited. It’s also a great way for the government to trace everything.

[Resettozero]

It’s started. The idea is getting out there.

Next, get a number or buy no bread.

[LS]

Technically that is not legal. It’s on the money: this is “legal tender for all debts public and private.” By law, they have to accept it.

[Iron Munro]

The government would love nothing more than to eliminate cash transactions.

Cash transactions cannot be tracked.

[P-Marlowe]

If they don’t take cash, they can’t be robbed.

[Jonty30]

Actually, they don’t have to accept it. It may be legal tender, but if a business doesn’t want your money, they don’t have to take it. It’s a good idea to take it, but they don’t have to.

[Lazamataz]

... Some merchants such as SweetGreen, a salad chain, refuse to open their registers for cash, telling customers they can pay only with mobile payments or cards. With some newer vending machines, only a card or mobile wallet will get that cold Coca-Cola to roll down the chute.

I wish I could find one of these outfits here.

The resulting lawsuit means I would own the business.

[sparklite2]

I went cashless years ago. No more pennies piling up on the dresser, no more visiting ATMs, no more worrying about if I have enough on me. Now, I get cashback from Discover, pay one bill automatically on line once a month, and I’m done.

[P-Marlowe]

Try buying something online with cash.

[Pilgrim's Progress]

Considering how long it took a clerk to change me .10 after I have her $1.25 on a $1.15 purchase . . . I sort of understand why. And this clerk was old enough where Common Core had not ruined her mind.

I stood there for almost five minutes while she tried to figure it out in her head. I would have helped her, but frankly I was enjoying the moment too much.

[Biggirl]

Are you sure about that?

[JBW1949]

Your identity is not known when dealing with cash...Once everything is card required, the government has the ability to shut down your purchasing power completely...

They will have the ability to freeze your assets, something they cannot do with real cash...

[sparklite2]

Read the excerpt? It’s up to the business owner.

[AEMILIUS PAULUS]

“666”

[sagar]

True currency is precious metal, not a piece of paper looking fabric we call cash.

[Moonman62]

It’s also a great way for the government to trace everything.

...

Yep. It’s what the government wants.

[MarchonDC09122009]

Thanks for posting this! Here's the Money shot / All you need to know - ​Stores to customers: "Cash not welcome here" - CBS News http://www.cbsnews.com/news/stores-to-customers-cash-not-welcome-here/ Cash isn't in any danger of disappearing, *but maybe it should: The U.S. has much to gain by phasing out cash, according to researchers from Tufts University. Writing in the Harvard Business Review, they noted that the U.S. spends $200 billion each year to keep cash in circulation. (China also has high costs related to reliance on cash, they noted.) They added: *"Both the U.S. and China would do well to adopt policies in partnership with market actors to nudge their already digitally ready societies towards digital money and unlock massive savings -- in time and money -- in the process."* BTW: interesting that CBS promotes the US should harmonize our market and money policy with China... The super-secret TPP (Trans Pacific Partnership) trade agreement that Obola is urgently shoving down our throats just so happens to anticipate China as a signatory for the trade agreement.

[Donglalinger]

Add 3% fee to every transaction, pure genius

[left that other site]

Well, “SweetGreen” in Boston was in the news this week for health code violations.

Eyew.