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Why not both? I would hope the government could do two things at once. There's no reason the post office couldn't also function as a basic bank, the same way it
by Larrikin 3y ago
Why not both? I would hope the government could do two things at once. There's no reason the post office couldn't also function as a basic bank, the same way it does in many other countries, while eliminating a discriminatory business practice.
- dools 3y agoYes a postal savings system would be a way to provide a government run electronic payments system. The point is that there are many benefits for businesses to not accepting cash payments, especially if they're maintaining the service for a decreasing portion of their customers. Also, if customers had access to a government run cashless payment system (the same privilege that private banks enjoy) then they might find themselves less interested in carrying cash in the first place.