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originally posted by: bigpatato
I was thinking they might do something like they incentivise merchants to not accept it anymore.
Would they ever get rid of Cash??? and if so how soon do you think?
originally posted by: Bhadhidar
The state of California, 8th largest economy in the world were it a nation on its own, already refuses to accept cash in payment of personal and business income taxes.
In fact, the State requires you to file a request for waiver if you are unable to pay in anything but cash.
I do not think they would incentivize people to not use cash, which is basically paying them money to not take money, they would disincentivize people from taking cash; i.e. fines.