491–500 of 849 posts
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All of these scenarios can be addressed with a fungible cryptocurrency.
Yes, that is the argument I am making. But it is important that these fungible cryptocurrencies are as cash-like as possible. So, no global ledger.
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We can fix that, and it is being addressed. Cash is a great answer to a whole lot of basic commerce, small scale, freedom style, between adults just adulting. The problem IS businesses refusing cash. The public really does not benefit and we have not shown we are able to avoid abusing electronics. One day maybe. Right now? Not a chance. Cash remains necessary and the costs are not crazy enough to warrant all the abus…
> The problem IS businesses refusing cash. The public really does not benefit I benefit quite a lot from not having to use cash. I pay all my bills with credit cards. That means I can do it remotely, taking a few minutes a month, without having to leave my house. Having to pay each bill in person, in cash, would be a huge cost to me in time and effort. And if the companies I'm paying those bills to had to have the pe…
The shop refusing cash is not accepting legal tender for all debts public and private.
I raised that issue and my local shop does now take cash.
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Presumably, the US government still accepts payment of taxes in cash, so that cash-based businesses that can't get a bank account can still pay. Perhaps the situation could arise in other countries though.
> Presumably, the US government still accepts payment of taxes in cash, Not directly, though it works with partner companies that accept cash for an extra fee, with limits on per-payment and per-day payments. [0] > so that cash-based businesses that can't get a bank account can still pay. It would seem to be impractical for a non-trivial business to work with the cash payments limits. [0] https://www.irs.gov/payments…
https://www.irs.gov/payments/pay-your-taxes-with-cash
https://www.irs.gov/payments/what-to-expect-when-you-pay-cas...
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Nah, you're just not thinking about it. Trivial solution: I walk to bank some day once a month, give them cash, give them account numbers, sent. It'd be done in all of ten minutes. Does it exist where you live? Maybe, maybe not. Hell, if I knew you I'd do it for you, I'd enjoy obfuscating my accounts. And no-one is saying that literally every transaction has to be done in cash, just that it should be _possible_ to do…
> Trivial solution: I walk to bank some day once a month, give them cash, give them account numbers, sent. It'd be done in all of ten minutes. I've never heard of any bank offering that service. > no-one is saying that literally every transaction has to be done in cash, just that it should be _possible_ to do so. Agreed. But it should also be recognized that there are many people who have good reasons to use payment…
So don't use it. Non issue right?
Otherwise, dealing with the public comes with some costs. The benefit is being able to do business and turn a profit.
Picking and choosing is an abuse of the public.
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It sounds like you're talking about taking cash to your bank and depositing it into your own bank account, which of course you can do. The original commenter was talking about taking cash to your bank and somehow very quickly distributing it to everyone you owe money to this month.
> The original commenter was talking about taking cash to your bank and somehow very quickly distributing it to everyone you owe money to this month. Exactly.
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You don't need a bank account to use cards to pay for things. You also don't need to use an attempt at humor about fat people to add authority to your argument.
It wasn't an attempt at humor. It was a statement of fact. I'm a fat guy. I'm not going to buy cookies there. Try not to invent imaginary offenses on behalf of strangers.
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Please quote the exact "mountain of evidence" in your link about the arson case. All I see relevant to the convoy is the quote "when a group of men they believed to be convoy demonstrators". Ok, so they believed they were a part of the convoy. That's it? If there is no other evidence in the arson case, then like I said it's nothing more than a smear campaign.
> Please quote the exact "mountain of evidence" in your link about the arson case. I was referring to the other documentation of violent and otherwise criminal behaviour by protestors, not the arson case.
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>The problem IS businesses refusing cash. They legally cannot, at least not in the USA, and I doubt in most countries. Thanks to the legal tender laws, businesses cannot legally refuse the legal tender, especially in its cash form. Once a deal is made and cash is offered, service must be rendered or it is considered stolen. A fun way to exploit this (before coin machines) was to go to tow truck lots, offer pennies, a…
Cash is only legal tender for debts. I can run a business that refuses cash as long as services or products are not rendered before payment. I can say that if you want to eat at my restaurant, you need to use credit or debit cards only.
Debt
If they pay prior, not debt.
And yeah, there are times I would not choose your establishment and recommend others avoid it as well.
Being able to use cash is a basic thing I value highly. I realize we disagree, and we get to do that too.
No worries, but just know while you do you, I'm doing me.
Wish it were different.
If the problem is that accounts were being frozen without due process, then couldn't it be solved by adding some due process to it, instead of just banning freezing accounts outright? Treat it more like an arrest. People who are arrested still have rights; it should be the same here. It should be strong enough to limit criminals while still allowing the innocent proper recourse. Have a version of the writ of habeas c…
Digital Jail? Seriously? Show me the concern when the feds seize the assets of someone they accuse of being a terrorist or a drug kingpin.
HN suddenly cares about this because of some generalized hatred of Trudeau, but I can't remember a thread generating thousands of comments about companies trying to force employees to accept pay on fee heavy debit cards.
The way that discussing a Canadian protest about vaccine mandates has come to take over HN feels bizarre, agenda pushy, and like a bunch of crocodile tears.