“How would they track small cash payments?”
If they make it a law, then tracking it is easy. Deposits. If a bank receives deposits of cash, and a small amount won’t keep a mom and pop doors open, they will be required to report it to the government. And they will be threatened if they don’t.
This type of action is exactly the opposite of what a good economy is founded on...the growth of the entrepreneur. Socialism frowns on this and this is one way to slam the door shut on it. For the new ones trying to get into business, they will make it impossible to get a business license. Hoops and/or cost. Socialist’s can’t have competition with what they control. This is why they never stay around because of the actions of the people they govern when they can’t earn money and get hungry because uncle sugar can’t provide enough and some at the bottom of the fish tank (dwellers) don’t get the food coming down.
wy69
But, why are you opposed to cash payments at all? That’s very anti-freedom.