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This doesn't seem right. Cashless usually means electronic currency equivalent to physical currency. Card payments are not gift cards.
by geysersam 4y ago
This doesn't seem right. Cashless usually means electronic currency equivalent to physical currency.
Card payments are not gift cards.
- nonrandomstring 4y agoWhether the form is electronic or physical is irrelevant to my argument. If you read it again carefully you'll see that it's about state-backed versus private currencies. Don't let the technology dazzle you.
- rzzzt 4y agoIn a way they are, the difference is that they have the issuer network and banks' reputation behind it and so the number of shops that accept it is not a singleton set.