What I’m hearing is that it’s related to the cash business side of these businesses and the banks no longer wanting to deal with transacting in cash.
There are ridiculous additional regulations these businesses have to jump through to prove no fraud, money laundering, etc. But customers want paid in cash when they sell their stacks which leaves the shops with a need to have cash on hand to replenish their stocks.
What I’m not hearing is pawn shops and jewelry stores being disenfranchised in the same manner....so I’ve been slowly adding to my cash and silver stacks....mainly silver. I think they will try the digital thing early next year.
Just ordered another 10 oz yesterday.