You need to use cash at the Illinois Marijuana dispensaries. No credit cards or checks. They have armed guards.

quote:

Originally posted by Oz_Shadow:
Does this mean you are opposed to a debit card for your checking account - if you have one?

Watch some Frank Abignale vids on YouTube.

Writing checks and using debit cards are silly .

Not now, not ever

Only enough in checking to keep it open to cash checks.

That's right, igi in to the bank two or three times a month.

Life is almost easier when you are close to broke.

quote:

Originally posted by bendable:

quote:

Originally posted by Oz_Shadow:
Does this mean you are opposed to a debit card for your checking account - if you have one?

Watch some Frank Abignale vids on YouTube.

Writing checks and using debit cards are silly .

Not now, not ever

Only enough in checking to keep it open to cash checks.

That's right, igi in to the bank two or three times a month.

Life is almost easier when you are close to broke.

What Frank Abagnale he says is, don’t use your own damn money.

Use credit cards… I.e. other peoples money. Every single time.

I left the over priced glasses shops years ago, I get my free exam (with insurance) and buy several pairs from Zenni each year for a whole lot less. Can't do that with cash though

The same group of people who think not using cash is great tends to be the same group of people upset that they're about to start seeing 1099s in the mail.

Keep digging that hole for yourselves, the government appreciates it. So much easier to analyze and control every aspect of your lives with that handy paper trail.

I've offered numerous times to pay small businesses via cash or check but they are just as happy to accept electronic despite the fees they are charged. Haircuts, landscaping, home improvements (gutters, electrician, etc).

Dunno why they aren't pleased to avoid the 2 or 3% fee it costs.

I think the practice of no longer accepting cash has to do with today's work force.

A questionable employee could make out with a pillow case full of cash by the end of the day and never be heard of again. It happens.

"Frank Abagnale he says is, don’t use your own damn money.

Use credit cards… I.e. other peoples money. Every single time."

Yep

quote:

Originally posted by trapper189:
I don’t know if it’s a thing...

It is most definitely a thing, as it has prompted a few states to pass laws forcing businesses to accept cash:
Paying With Cash? Retailers Must Take Your Dollars in These States.

It has also prompted Congress to introduce the "Payment Choice Act" to force businesses nationwide to accept cash. The bill has passed the House and is waiting on action from the Senate:
It May Soon Be Illegal For Businesses to Refuse Cash: An Update on the Payment Choice Act

I think businesses should be allowed to make their own decisions about what payments they accept and let the market decide, but I guess we will see if this law passes.

Personally, I usually carry around either a $20 bill or a $100 bill and never use them. I got a $100 bill back in April or May and it's still in my wallet, untouched. I've written 2 checks this year and it was just because my plumber prefers checks over cards. Otherwise it's all online/electronice payment or debit/credit card.

quote:

Originally posted by Fly-Sig:
I've offered numerous times to pay small businesses via cash or check but they are just as happy to accept electronic despite the fees they are charged. Haircuts, landscaping, home improvements (gutters, electrician, etc).

Dunno why they aren't pleased to avoid the 2 or 3% fee it costs.

Because it's worth it to them to not have to account for cash and either store it or make daily trips to the bank to deposit it.

quote:

I think businesses should be allowed to make their own decisions about what payments they accept and let the market decide,

I agree to the extent of foreign currency, checks, credit cards, debit cards, money orders, wire transfers, barter, etc.

I don't agree when it comes to cash. "This note is legal tender for all debts, public and private". If you're transacting business within the US, using US banks, in US dollars, then you should be required to accept US currency.

quote:

Originally posted by a1abdj:
I don't agree when it comes to cash. "This note is legal tender for all debts, public and private". If you're transacting business within the US, using US banks, in US dollars, then you should be required to accept US currency.

All that statement means is that cash is legal tender, not that I have to accept it for payment.

https://www.federalreserve.gov...s/currency_12772.htm

quote:

Section 31 U.S.C. 5103, entitled "Legal tender," states: "United States coins and currency [including Federal Reserve notes and circulating notes of Federal Reserve Banks and national banks] are legal tender for all debts, public charges, taxes, and dues." This statute means that all U.S. money as identified above is a valid and legal offer of payment for debts when tendered to a creditor.

I like credit cards for the rewards. Now I see this could be in jeopardy as a bill is being considered to screw with credit card rewards. Those bastards in Washington want it all. Thanks, Dick Durbin.

https://www.foxbusiness.com/po...-credit-card-rewards

quote:

Business I've been patronizing for 22 years no longer accepting cash

or maybe not?

quote:

All that statement means is that cash is legal tender, not that I have to accept it for payment.

You shouldn't have to accept it for payment. You should be able to accept whatever you'd like for payment.

But if you advertise your widget for "$4" then you are advertising you'll accept "$4" as payment. $4 is four US federal reserve notes with the number 1 imprinted upon them.

If you want to advertise your widget in exchange for Francs, sea shells, rewards points, or a series of ones and zeros using a piece of plastic with a magnetic stripe, then you should be willing and free to accept those as well.

I have this same issue with real estate sales. If you advertise X for Y then you should accept X for Y. If you're not willing to do so, then you shouldn't be advertising as such.

Yes, it is a thing. For a business like a doctor, cash is a pain. They don't have a place to keep it, they don't have good cash accounting controls, and they have to take it to the bank every day. It is a pain to accept cash, if you don't get a lot of it. Even the credit card fees are cheaper than handling cash.

Had a local business tell me that. I got out a dollar bill and read "This note is legal tender for all debts, public and private."

They said "I don't care, no cash."

I left.

quote:

Originally posted by ulsterman:
Had a local business tell me that. I got out a dollar bill and read "This note is legal tender for all debts, public and private."

That "legal tender" thing doesn't mean they have to accept it. That is a myth.

It is a push to go completely digital so we are controlled more by the whims of those in government. They want and I might say are getting more and more control over what we do and say.

quote:

Originally posted by Ozarkwoods:
It is a push to go completely digital so we are controlled more by the whims of those in government. They want and I might say are getting more and more control over what we do and say.

That is true but let’s be real we all know why the government wants to get rid of cash. TAXES