Can America replace cash with a credit card?
Cash is used to pay for illegal activities. If cash were eliminated the computers would have a record of every time money changed hands, that would make things difficult for criminals.
Cash is used to pay for illegal activities. If cash were eliminated the computers would have a record of every time money changed hands, that would make things difficult for criminals.
Nuff Sed
False dichotomy. There are more choices than cash or credit card. There are also checks and bartering. I know an accountant who would be paid by stock in trade from his merchant clients: butcher, baker, etc, rather than in cash.
Foofa
Because of course there's no such thing as credit card fraud.
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It would also make it easier for the government to have even more information on how citizens spend their money.
Mark
And would also mean no more garage sales and farmers markets if there were no cash. I have been to a store before and their debit machine is down and were only taking cash.
What some countries have done to combat cash in illegal activities is to eliminate large denominations with $100 being the largest bill.
Anonymous
🥴
No.
Theyd just find another way around it as usual.