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My response would be hell no, you aren't put a chip in my hand. That's some serious big brother stuff right there, hell I don't even like ADSB!
I just pulled a piece of cash out of my pocket, and it says "THIS NOTE IS LEGAL TENDER FOR ALL DEBTS, PUBLIC AND PRIVATE."
Based on that, it seems like if someone refused cash payment, you could just leave the cash on the counter and walk out with the merchandise.
I am violently allergic to metals so I for one will never agree to this. I don't even let them put metal crowns on my teeth without doing a skin test. (High noble: gold, silver, copper is what I tolerate). Unless your chips are that, I will run screaming.
Encased in silicone/plastic?
The words on the bills aren't law, and are generally meaningless.
https://www.federalreserve.gov/faqs/currency_12772.htm
In other words, they aren't worth the paper they're printed on.
The words on the bills aren't law, and are generally meaningless.
https://www.federalreserve.gov/faqs/currency_12772.htm
I would rather pay everything in gold. I mean don't advertisements claim gold is inflation proof?
Haven't been for a long time.In other words, they aren't worth the paper they're printed on.
I wonder if there's any case law on that. Judges often frown on interpretations of statutes that render them meaningless.The words on the bills aren't law, and are generally meaningless.
https://www.federalreserve.gov/faqs/currency_12772.htm
I wonder if there's any case law on that. Judges often frown on interpretations of statutes that render them meaningless.
Your link cited a statute that says it's legal tender, so the issue is whether that statute amounts to a requirement to accept cash. So far, all we have on that is SGOTI's opinion, and an opinion on an agency Web page that may or may not have been tested in court.There's no statute (except at certain State levels) requiring anyone to accept cash, which would seem to say that no Federal judge would ever hear such a case at all.
Your link cited a statute that says it's legal tender, so the issue is whether that statute amounts to a requirement to accept cash. So far, all we have on that is SGOTI's opinion, and an opinion on an agency Web page that may or may not have been tested in court.
It may or may not have been tested in court. It's probably not worth being the test case!Hard to believe but the legal tender verbiage seems to have little more meaning than some of the other verbiage on our currency.
It may or may not have been tested in court. It's probably not worth being the test case!
Q: What do you call a smiling, courteous person at a bar association convention?
A: The caterer.
Sorry, you are misinterpretting what that statement means. Nobody is obliged to take cash.I just pulled a piece of cash out of my pocket, and it says "THIS NOTE IS LEGAL TENDER FOR ALL DEBTS, PUBLIC AND PRIVATE."
Based on that, it seems like if someone refused cash payment, you could just leave the cash on the counter and walk out with the merchandise.
As with the previously linked, substantially identical, federal Web page, no mention is made of whether that interpretation has been tested in court.Sorry, you are misinterpretting what that statement means. Nobody is obliged to take cash.
https://www.treasury.gov/resource-center/faqs/Currency/Pages/legal-tender.aspx
As with the previously linked, substantially identical, federal Web page, no mention is made of whether that interpretation has been tested in court.
Hmm, maybe not. On reading the Appellate Division's decision, it appears that the applicability of the legal tender law was not decided in that case. Rather, the decision was based on the fact that he was suing under a state law, and the federal Airline Deregulation Act contains a federal preemption clause regarding "price, route, or service of an air carrier that may provide air transportation under this subpart."Looks like that case answers my question.
I have seen a lot more cash only places in the big city than in the burbs. Strange, considering the tech industry here.
Or taxes...Thats because they dont want to pay the credit/debit processing fees..
True, but I've been with a number of people who need to visit an ATM because they can't pay a small cash bill. Or they select another place to patronize. I will go to a place that only takes cash, but I prefer to charge everything I can.Thats because they dont want to pay the credit/debit processing fees..
However there would be upsides and the most positive impact would be eliminating panhandlers. So I could almost go for it.