Philadelphia Bans Cashless Businesses – Bad for Bitcoin?

in bitcoin •  6 years ago 

Democrats are leading the charge on these laws, viewing them as a way to protect people who don’t have credit or debit cards.

Interesting article about Philadelphia banning cashless businesses. They can try all they want, but the future is going to be cashless, just look at the trend in motion in Asia. Governments trying to force their will on the free markets again......

Read the full story here...
https://www.ccn.com/philadelphia-bans-cashless-businesses-bad-for-bitcoin

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"cashless" meaning people will use some type of peer to peer currency in some way. Gov may make their own crypto dollar. But, if store owners can accept that crypto dollar, they will also be more than willing to accept the other non-gov currencies.

The funny thing is that the federal government wants to move toward cashless, so they can track all your transactions for tax reasons. After all, only criminals use large amounts of cash, lol.

Or people that just hate banks!

Yet another example of government overreach

Yep!

Talk about government overreach, check out this article.....
https://www.nytimes.com/2019/03/08/us/politics/elizabeth-warren-amazon.html

Bitcoin around $3930 right now....

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