Also if you need a law to be able to buy pizza with cash you need the permission of government.
Except that example demonstrates the opposite of your point. It was private businesses trying to take away consumer’s ability to pay in cash, with the state protecting it.
By definition, hypothetical post office banks can do anything, including clipping your dog’s toenails, beating IBM’s Watson at chess, and whipping up a dandy batch of crepes Suzette at a moment’s notice.
OK, you don’t like “my way or the slippery slope” thinking. Shows good sense, and I agree.
Sounds like, “my way or the slippery slope to global money laundering” thinking to me. Did some Russian bot insert this line right after the previous paragraph, or is it really yours?
Because my wanting to buy a pretzel from a street vendor with cash is exactly like moving billions in fraudulent gains around the planet. You win the False Equivalence of the Year award, and it isn’t even February yet.
Thanks for bringing that up. Financial privacy, a basic human right, is now only available with cash (or certain cryptocurrencies, sort of). Since we now know that Visa, Mastercard, Paypal and other financial giants are agents of U.S. policy (thanks to the extra-legal Wikileaks financial blockade) opting for privacy by default by using cash seems like a reasonable general policy.
This is especially grating if you are making minimum wage. You can loose up to 15 cents to the dollar paying these fees to have the privilege to using a bank. They can and will take all your checking account money that way, Whereas a 2.1% or $1.00 fee whichever is greater flat fee at a check cashing store keeps them in business. If your not making decent money or saving regularly regular banks are a suckers game.
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