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I was at a bar last week in Santa Barbara that was cash only. I couldn't help but feel it was a ploy to extract more money out of their customers with their wel

I was at a bar last week in Santa Barbara that was cash only. I couldn't help but feel it was a ploy to extract more money out of their customers with their well-advertised ATM.

pstuart 8y ago
No doubt. Double bonus is that cash isn't tracked for taxation.
- Waterluvian 8y ago
  It must be so easy and so attractive for a percentage of your alcohol to just go missing. And my understanding is that margins are so thin on bars and restaurants... Can't say I wouldn't do it if it kept me from having to shut down.
  - sjg007 8y ago
    In CA, a bar has to buy their booze from a state authorized liquor "wholesaler". They can do some fancy math to figure out if your cash flow matches up with your usage.
nrclark 8y ago
Ah, Elsie's. So many memories.
- iammiles 8y ago
  That's the one! Really great spot despite my annoyance with its cash-only nature.