Cashless: Coming War on Tax-Evasion & Decentralized Money


Cashless: The Coming War on Tax-Evasion and Decentralized Money - Cris Sheridan -> … hless.html



Hadn’t realised several European countries had restrictions on the use of cash



Philadelphia Becomes First Major US City To Ban Cashless Stores

PHILADELPHIA (CBS) – Philadelphia is making history as the first major U.S. city to ban cashless stores. The new law forbids stores to only accept credit or debit cards.

The bill was supposed to go into effect earlier this summer but was delayed until Oct. 1 to make sure businesses are in compliance with the law. Mayor Jim Kenney first signed off on the bill back in February.

The bill prevents most retail locations from refusing to take cash. It does not include parking garages, internet transactions and wholesale clubs that operate on a membership model.

The law also prevents them from charging people who use cash a higher price than those who use cards.