4 ms·
> While I do not foresee this being adopted in the US I won't put it past lobbyists to try. The article isn’t actually talking about a government policy FWIW.
by mcintyre1994 5y ago
> While I do not foresee this being adopted in the US I won't put it past lobbyists to try.
The article isn’t actually talking about a government policy FWIW. It’s basically falling demand for ATMs and bank branches leading to less of them. Less bank branches means some stores don’t want cash because it’s more of a hassle when there isn’t a bank branch around the corner.
There definitely are reasons for governments to want less cash and to force people to have more easily controlled money. But that’s not what this is talking about, it’s just people having less access to cash because of businesses taking decisions with government not being involved at all in those decisions.