Philadelphia is first city to ban cashless stores and restaurants

Philadelphia has passed a law requiring most retail establishments to accept cash, making it the first U.S. city to ban a practice critics say is discriminatory.

Mayor Jim Kenney last week signed the law, passed by the city council in February, banning stores and restaurants from implementing cashless policies. It will take effect July 1, and business owners who don't comply will face fines of up to $2,000.

Cashless policies are gaining currency in a number of cities, with some business owners saying that handling cash is inefficient and invites theft. But opponents say cashless establishments exclude people who are "unbanked," or those lacking checking or savings accounts. In 2017, 8.4 million U.S. households were unbanked, according to the Federal Deposit Insurance Corporation.

Philadelphia city councilman Bill Greenlee, a co-sponsor of the bill, said the new law restores the right of everyone with money to do business in stores.

"I can go into a coffee shop across from City Hall that's cashless and get my coffee and muffin, but the person behind me that has United States currency can't get the same cup of coffee. It's a fairness issue; it creates an us-and-them kind of situation," he said.

Greenlee argues that businesses have long operated efficiently while accepting cash. "We are not asking them to do something they don't know how to do. They accepted cash before."
Amazon isn't pleased

There is no federal law requiring that businesses accept cash; around the country, only Massachusetts has a law on the books requiring stores to accept greenbacks. Yet concerns about cashless merchants is growing, with similar bans proposed in New Jersey and New York, as well as Chicago, San Francisco and Washington, D.C.

The issue is also sparking pushback from none other than Amazon. The ecommerce giant last month threatened to scrap plans to open brick-and-mortar Go stores in Philadelphia over the proposed law – which has since passed. The outlets have no cashiers and only accept digital forms of payment enabled by sensors and automation software.

It's unclear if Amazon is exempt under the new restrictions in Philadelphia. An Amazon spokesperson declined comment.

Other cashless retailers that might not feel the brotherly love with the new law include the salad bar chain Sweetgreen and Bluestone Lane coffee shops – which will be forced to accept cash if they want to stay in business locally.
cbsnews.com/news/philadelphia-bans-cashless-stores-and-restaurants/

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Wait so they're saying it's discrimination against low income people for a store to only accept cards but then banks are all allowed to charge a monthly maintenance fee that would be a sizeable portion of a low income person's money and is a factor why many don't have a card?

Jews completely blown the fuck out, it's another Holocaust to accept cash payments ever, under any circumstances. Do you know how Hitler rose to power? Cash dollars. Paper money is unacceptable; it's 2019!

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...

Meanwhile you still can't use cash to purchase a plane ticket.

Rothschild notes actively fuck over banks since each paper dollar is worth about $100 in debt funds. I'm not really sure who's jewing who here. If anything, most businesses would already want to accept cash over card since you can launder cash much more easily. All these businesses have to do honestly though, especially stores like Amazon, is just do what city bus organizations do and such in that if you put too much money in, you won't get change. Or they could simply add it as debt and not let you re-enter the store or purchase form their online platform until you pay it later, or they could make it a members-only store where you MUST have amazon prime in order to use the store, etc. All effective ways to bypass this cash law.

wtf I love fiat now

It's true though. The main reason banks want you to go cashless is because they are losing about $100 in profits for each paper dollar they have to hand you. Banks are working with millions of dollars on a daily basis so one or two faggots cashing out their paycheck isn't a huge deal, but it becomes a huge deal when a quarter or half the working population does it.

No cashiers is the current year future. Amazon store is supposed to be the same. No cashiers, you pay at a machine, so no cash.

sources:
fortune.com/2019/02/14/amazon-doesnt-pay-federal-taxes-2019/
recode.net/2018/1/21/16914188/amazon-go-grocery-convenience-store-opening-seattle-dilip-kumar
or just fucking look it up yourself

Wow so interesting. I cant believe you are discussing a thing.

Youre universe is disgusting. Ew.

Haha you worship pieces of paper you are so gross

>this means depending on (((federal reserve))) notes is good
>there are no other options. It's either (((banks))) or (((federal reserve notes)))
Wrong
The best option would be if businesses were allowed to refuse cash but were allowed to accept silver coins or something with actual value

I know how fucking Amazon cashless clerkless stores work, nigger. I'm saying it would not be that hard to make them walk in with an ID or something, and have to pay at what is essentially a "self checkout" lane if they insist on using cash, while making it city bus-style in that you won't be reimbursed if you overpay to discourage people from using cash.


I never said anywhere that silver or cryptocurrency weren't options, fag. I simply stated that banks lose fiat money on cash, so it's a question of who's jewing who. Stop fucking putting words in my mouth you schizophrenic freak.

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Was this not your statement?

My statements, in order, were:

What is inflation

Yes. Inflation. That's my point. The main reason for inflation is that more money is in circulation than is actually available. Fiat + Fractional Reserve Banking FRB where no one is held liable/can be lynched/can go bankrupt from foolish policy anyways will lead to inflation, but paper money acts as an anchor in these systems to generally prevent hyperinflation since it costs the bank more to send out and trace printed money than to work with digital numbers on a screen that don't actually have to be tracked. You can of course print unlimited money and end up with hyperinflation, however then you end up with socialist shit holes like Venezuela or Greece.

...

Inflation hurts everyone, you double nigger. Jews just benefit from the initial after-effects.

Put more accurately, when the entire system fucking collapses from inflation and no one being able to afford to eat and enforcers preventing you from using alternative forms of payment, who do you think gets lynched by the angry mob? Certainly not the enemy of the Jews.

it's funny because you act about as overly sensitive and passive-aggressive as a kike would

No, I'm just aggressive. Eat shit.

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GOOD JOB.

You're universe is desgusting

Hiding something, Stevie?

Small businesses
My local walmart cant launder

My local Walmart auto-cashier ate my $100, so now you gotta use card

Yor card says bank owes you 100 of their credits

All banks agree on what a credit is worth.

2 weeks later yor 100 credits in bank have lost 1/10,000 of their value to inflation.

But the equivalent of 100 credits in cash that you could have withdrawn would still have lost the equivalent of buying power

So how do banks lose with giving you cash?

or digital data money
It's still an illusion
Venezuela gov could say you now have 1000 credits in yor bank instead of the original 100

It's all an illusion unless it's backed up by the gold or the equivalent value in goods & services(not some make work gov. redundant service)

This is great fucking news. I dont buy shit with my bank card. I put money on pre paid debit cards for anything online and pay with cash everywhere else.

Huh. Im ok with this. Lawmakers actually doing something constructive

Venezuela could say that, but what happens when half the population demands their 1000 credits in physical form?
It's not a good anchor, but paper money acts as an anchor nonetheless.