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I'm not objecting to credit cards and promoting cash instead -- I'll happily support a total cash ban (quite an unpopular opinion around these circles, I believe, but that's a story for another time). I'm objecting to the cost of 2-300bps on credit cards, when it is trivially shown that they can be 30-50bps (Alipay, EU caps, etc) and everything will work just fine, just without 2% cashback.

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Significant number of people below the povery level are unbanked and live off cash which is why some jursidictoons ban retailers from not accepting cash.

What's your opinion on Buy now Pay Later for online retailers? fee is close to 5% but allows customers to pay for items with interest free installments over 90 days.

In some countries, citizens have the right of opening a bank account though

> I'll happily support a total cash ban

So if you say something negative about the govt and the govt bans your access to e payments, would you still support that?

It will never happen anyway.

We are never going to ban cash in the US because government officials need the anonymity of cash just as much if not more than your local drug dealer.

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