So I understand why so many places like stadiums and airplanes are going cash free, but then I wonder if that’s even technically legal as cash literally says legal tender for all debts public and private.
The only place I ever use cash anymore is to fuel my sporadic video poker habit.
I damn near feel like a criminal using it anywhere else.
And the day you can go throw your debit card into a video poker machine is the day I stop gambling. As ferociously disciplined of a gambler as I am (and I am ferociously disciplined with my budgets) I cannot in any way see that eventuality as ending well for any customer.
Anywho, rambling tangents complete, I wonder if cash will remain viable over the forthcoming years.
That’s correct. Legal tender can be used to settle all debts. In a retail transaction there’s no debt until a purchase agreement is made, so they can refuse cash before the agrrement.
Yeah, u definitely can’t budget gambling if they have a card with all your money on it. Maybe they’ll have what arcades have now where you buy a card, and load it with money or something. I also wouldn’t gamble in a cashless society. As it stands right now, you win a few bucks, you just get cash. If it’s all traceable, uncle Sam is going to want a cut of your winnings every time.
So I understand why so many places like stadiums and airplanes are going cash free, but then I wonder if that’s even technically legal as cash literally says legal tender for all debts public and private.
The only place I ever use cash anymore is to fuel my sporadic video poker habit.
I damn near feel like a criminal using it anywhere else.
And the day you can go throw your debit card into a video poker machine is the day I stop gambling. As ferociously disciplined of a gambler as I am (and I am ferociously disciplined with my budgets) I cannot in any way see that eventuality as ending well for any customer.
Anywho, rambling tangents complete, I wonder if cash will remain viable over the forthcoming years.
I’m guessing one could argue the right to refuse service to those not using their preferred kind of payment.
That’s correct. Legal tender can be used to settle all debts. In a retail transaction there’s no debt until a purchase agreement is made, so they can refuse cash before the agrrement.
Yeah, u definitely can’t budget gambling if they have a card with all your money on it. Maybe they’ll have what arcades have now where you buy a card, and load it with money or something. I also wouldn’t gamble in a cashless society. As it stands right now, you win a few bucks, you just get cash. If it’s all traceable, uncle Sam is going to want a cut of your winnings every time.