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by felsokning
759 days ago
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> While it maybe expedient for merchants... Expediency is a gross over-simplification of why the cashless society is a growing tend. For example, it costs more wealth than the value of lower denominational coins to produce said coins.[1] There's a correlation between the decrease in financial-related crimes and cashless vendors.[2] It is believed that cashless systems lead to less tax evasion.[3] Having said this, I agree with the remainder of your statement - that it has the potential to discriminate against people who don't have and/or are unable to obtain bank accounts. [1] - https://archive.is/T7nz8 [2] - https://archive.is/MMY2b [3] - https://archive.is/lCfNX |
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What's your problem? You selectively quoted a fraction of my statement and threw in a strawman.
Merchants don't want to keep registers to be stolen from cashiers, to be robbed, to have to deal with counting cash, or deal with deposits. That's 4 good reasons in their minds, and I've dealt with all of these. Have you?