Some people still care about privacy, fight against the cashless society!
Some people still care about privacy, fight against the cashless society!
Some people still care about privacy, fight against the cashless society!
I'm not sure that has to do with privacy and more like "help us avoid paying income taxes." No one denies that cash is completely anonymous, but that's not the intent here. This is coming from a huge advocate for privacy, but to me this is a stretch.
Avoid paying tax and avoid paying the card transaction fees, which I think is usually a few percent. The latter is valid to get a discount, but it's not going to save them 10%, so feels a bit dodgy.
Credit cards transaction may only cost a few percent, but the cost to business can be significantly higher. For example visa forces you to no require a minimum for credit cards, and they charge a base fee regardless. Also if a customer issues a dispute, the business may have to pay the dispute fee, regardless of the outcome of the dispute. Louis Rosmann as quite a few good videos on this topic, eg: https://www.youtube.com/watch?v=6an5ZP4Vnzg
Agreed. That’s exactly what that is.
This has nothing to do with cashless society, it's because they don't want to pay their taxes.
That's possible, though inferred rather than stated. But whether they are being forthcoming about all of their motivations for the preference, either or both are good reasons.
I mean taxation is theft anyways.
Correct, that is why IRS "agents" carry guns.
lol that’s a tax evader, they save 20% and you save 10%, it’s the good old Italian tradition of “you don’t really need a receipt do you”
Great, taxes is theft.
Someone doesn't want to pay fees or taxes. Privacy is just a convenient excuse
Fees are no problem, they come along with valuable services. Taxes is theft and is extracted by the use of violence then the funds are stolen, wasted, and used to commit murder.
You would not believe how many cash payments in the end customer food and service industry never make it to the books.
What's next? "Save the Planet! Save Paper! Get 5% off if you don't need an invoice!"
Yes that's why I pay cash. To help out the small people!
You end up hurting the small people because less taxes paid means there is less for healftcare, social work...
Good to hear. It means less money going to war criminals.
Man, OP's comments in here are a ride. And I thought the tankies were bad
It seems that crypto bros have begun to raid lemmy recently, and for raid i mean that yhey just have been coming in big quantities, since the other day i was talking bad about crypto and got downvoted a lot, which is weird since i thought most people here didnt like it since the fiasco of past 3 years on crypto and blockchain, and i got a lot of comments deffending it too.
Many are coming from reddit (another communist hellhole). State worshipers hate crypto because it is a tool for freedom. It peacefully rips the power over money from state control and by extension banker control, since the bankers fully own the bloated communist state that we have in all developed nations today.
He's one of the rare cases where this picture fits perfectly.
LOL, communism is so gay.
If it would be 1-3%, I understand, because that's the fee for credit cards. But 10%?? Something is clearly wrong.
This would be illegal some places.
I believe this is illegal if its in the UK. The EU introduced regulations a few years ago banning fees for credit card payments. As a consumer it was great because lots of businesses were taking the mick charging more than they have to pay but knew people really prefer credit cards. I think this method of trying to get around that is in fact illegal because you are effectively charging more for credit card payments.
Yes, in communist hellholes.
I agree with the idea and I don't have this reaction else where but when I see the cash only signs in food places it just makes me jump to tax evasion. Don't know why it's only food places that give me that feeling.
The cashless society thing is just idiotic religious superstition masquerading as legitimacy. A disgusting number of people still believe that "the number of the beast" from the Bible book of Revelations is literal in some way. Anything that makes paper money obsolete in favor of electronic, especially if it's an implant, is viewed by some in that capacity. It's stupid AF but then again so are religious literalists.
I was wondering... how much does a credit company know if I pay with my cc? Do they know every detail of my lunch menu? If so, that does have something to do with privacy, I'm not very comfortable. If they just know the total amount I pay, then I wouldn't mind too much, though.
Yeah something like this would prevent me from eating at this place.
I am sure they would not want you there abyway.
good job on increasing monero.town's reach
I really don't like cash.
It's just too vulnerable to theft and robbery.
I think Monero is better than cash. Would love to see that get more use in these kind of settings.
Cash still should always be an option. Many people do not have access to anything but cash.
Why is this so heavily down-voted in monero.town of all places?...
Lemmy.world gtfo you dummies