• Activity
  • Votes
  • Comments
  • New
  • All activity
  • Showing only topics with the tag "business". Back to normal view
    1. Should retail businesses be required to accept cash?

      inspired by a law my local county council has been debating (local news article, press release from January from the sponsoring councilmember, and actual text of the proposed law) from the press...

      inspired by a law my local county council has been debating (local news article, press release from January from the sponsoring councilmember, and actual text of the proposed law)

      from the press release:

      During and even before the COVID-19 pandemic, many businesses in the Seattle area and beyond began shifting to cashless operation, leaving people who rely on cash with fewer options to purchase goods and services. Research, however, shows that cashless businesses most impact communities of color, seniors, people with disabilities, undocumented residents, refugee and immigrant and communities and low-income communities.

      ...

      At least 2.1% of Washington residents are unbanked, meaning they don’t have bank accounts, credit cards or other typical financial services, according to the 2021 FDIC Household Survey. Five-year estimates put that number even higher – at 3.1%. More than 17% of residents are underbanked, meaning they might have a bank account but often rely on alternative financial services, such as money orders, check-cashing services and payday loans.

      ...

      The legislation would require businesses in unincorporated King County to accept cash for most retail transactions, and to not charge higher prices than for another form of payment. It would allow for retailers to only accept up to $250 in cash payment for single transactions larger than that amount. It would allow for civil actions to be brought by someone whose cash payment was refused.

      what do you think about requiring this?

      (especially interested in responses from around the world and not just the US, since I think cash vs. card reliance varies considerably by country)

      51 votes
    2. Why is Elon Musk doing what he is to Twitter?

      From a non-MAGA’ers perspective; He took a perfectly fine (albeit starting to decline) social media platform with millions of users and derailed it completely from what it was before to a farce....

      From a non-MAGA’ers perspective;

      He took a perfectly fine (albeit starting to decline) social media platform with millions of users and derailed it completely from what it was before to a farce.

      Why even buy Twitter if you’re going to change the entire format, including the actual name of the brand? Why not build a competitor from the ground up and call it X?

      Unless you’re the melonhead billionaire your guess is better than mine, but I wonder if this bumbling incompetence is pre-orchestrated somehow or if he’s making it up as he goes.

      119 votes