Council Bill Forcing Businesses to Accept Cash Likely to Pass

submitted by Nemacolin from (ny1.com)

all 2 comments
sorted by:
top
newinsightfulfun

[–]AnarchySpeach 2 insightful - 1 fun2 insightful - 0 fun3 insightful - 1 fun -  (0 children)

Thank God. The last thing I want to deal with is the slow transaction times of bitcoin.

I wish the dollar was backed by gold again. It'd be much safer.

[–]Nemacolin[S] 1 insightful - 1 fun1 insightful - 0 fun2 insightful - 1 fun -  (0 children)

Seems like a very good idea.

Restaurants and stores around the city would be required to accept cash under a bill that's expected to pass the City Council on Thursday.

The "cashless ban" is sponsored Bronx councilman Ritchie Torres.

His measure would bar businesses in the city from only accepting credit and debit cards.

It also prohibits businesses from charging cash-paying customers more than those who don't pay cash.