I'm not sure that has to do with privacy and more like "help us avoid paying income taxes." No one denies that cash is completely anonymous, but that's not the intent here. This is coming from a huge advocate for privacy, but to me this is a stretch.
Avoid paying tax and avoid paying the card transaction fees, which I think is usually a few percent. The latter is valid to get a discount, but it's not going to save them 10%, so feels a bit dodgy.
The small restaurant I work in racked up at 16k in credit card fees in months. We've had to start applying the 3% fee to credit card sales.
Or just raise your prices instead of hitting customers with surprise fees. I own a small business. The vast majority of our revenue is from credit cards. We don't pass those fees into customers, we just raise our prices as needed.
Medium sized business owner here. We pay a lot more for the handling of cash than for cashless.
This is because the system hates cash and has erected all types barriers and inefficiencies when handling cash.
You should look into Monero, it is like cash but digital. No more worrying about your payment processor cutting you off because of you political views.
Credit cards transaction may only cost a few percent, but the cost to business can be significantly higher. For example visa forces you to no require a minimum for credit cards, and they charge a base fee regardless. Also if a customer issues a dispute, the business may have to pay the dispute fee, regardless of the outcome of the dispute. Louis Rosmann as quite a few good videos on this topic, eg: https://www.youtube.com/watch?v=6an5ZP4Vnzg
lol that’s a tax evader, they save 20% and you save 10%, it’s the good old Italian tradition of “you don’t really need a receipt do you”
Great, taxes is theft.
Someone doesn't want to pay fees or taxes. Privacy is just a convenient excuse
Fees are no problem, they come along with valuable services. Taxes is theft and is extracted by the use of violence then the funds are stolen, wasted, and used to commit murder.
How would a guverment work without taxes? And if your argument is that a society works without a guverment, how would that work in regards to hospitals, firefighters, cops, social programs for the poor or homeless, etc?
The government should be extremely limited and funded by fees charged for useful services it provides, if needed a small sales tax could be instituted locally.
Rights need to be restored back to the individual so people can take care of themselves as needed in terms of defense and health care instead of sending 80% of their income to be wasted relying on some horrible and inefficient system. Once we wrangle the state back down to size people will have more than enough wealth to give to charities to help the poor.
The government should be extremely limited and funded by fees charged for useful services it provides, if needed a small sales tax could be instituted locally.
Congratulations you just described taxation.
😂 instance checks out
yup, no cowardly boot lickers here
Bro you're quite literally boot licking a corporation commiting tax theft..... Try harder or I dunno basic common sense if that fails.
You would not believe how many cash payments in the end customer food and service industry never make it to the books.
What's next? "Save the Planet! Save Paper! Get 5% off if you don't need an invoice!"
Good to hear. It means less money going to war criminals.
I really don't like cash.
It's just too vulnerable to theft and robbery.
I think Monero is better than cash. Would love to see that get more use in these kind of settings.
Why is this so heavily down-voted in monero.town of all places?...
Lemmy.world gtfo you dummies
If it would be 1-3%, I understand, because that's the fee for credit cards. But 10%?? Something is clearly wrong.
They are concerned with the totalitarian psychopaths tightening their grip on society. so they are sacrificing their profits to help everyone in society not become a total slave.
or they're just doing tax evasion, which is way more likely.
either way they are helping society, taxes = theft
Private property is the actual theft.
Please feel free to give up the device you wrote this message on along with any clothing or other possessions you may have, including the food you intend to eat to continue to maintain life.
You've deprived the rest of the planet of these resources while you've been using them. Some of the inhabitants here want or feel they need them more than you.
Come to think of it, the earth itself may object to you borrowing energy from it to sustain or amuse yourself.
Selfish.
I agree with the idea and I don't have this reaction else where but when I see the cash only signs in food places it just makes me jump to tax evasion. Don't know why it's only food places that give me that feeling.
Taxes is immoral and based on violence and oppression, so evading it is the right thing to do.
Man, OP's comments in here are a ride. And I thought the tankies were bad
The cashless society thing is just idiotic religious superstition masquerading as legitimacy. A disgusting number of people still believe that "the number of the beast" from the Bible book of Revelations is literal in some way. Anything that makes paper money obsolete in favor of electronic, especially if it's an implant, is viewed by some in that capacity. It's stupid AF but then again so are religious literalists.
Rules (WIP)
