New York and some other cities actually made it illegal, as it's discriminatory.
New York and some other cities actually made it illegal, as it's discriminatory.
Refusing to take part in the banking system is not worth penalizing businesses for. Let the free market work.
The problem you cite is not solved by requiring businesses to accept cash—it is solved by removing the homeless schizophrenic from the depravity of the street.
1- you are on the secret unaccountable banking blacklist
2- you lack proper identity documentation
3- you are a fugitive from justice
Without a bank account, you can't get a payment card, and, in a cashless world, you can't buy food.
You don’t want those people to not be able to buy food, or the next time you go and buy vegetables or fruits or chicken breast with your own shiny metal bank card, you might find yourself paying 5x the cost.
There is a secret blacklist shared among the banks that cause them to deny or automatically close accounts held by certain people. They are not required to service anyone.
Do you not see the dangerous failure modes of allowing private companies to point and click cause someone to become persona non grata without due process? They also happily do so at the request of the state, again with no requirement of criminal wrongdoing or burden of proof, and no due process.
The Visa/Mastercard cartel has too much power.