Over the past year, I've read several articles saying we should move away from cash. 'cause criminals use cash.
India just got rid of big bills.
The 500 Euro is under attack.
The $100 US bill is under attack.
Stores / retail businesses are converting to Credit / Debit card only. No cash and no checks.
The $10,000 limit on depositing cash without IRS reporting is changing for the worse. The limit was $10,000 when mom worked at the bank in the 1960's. Now, "The Fed's" will "get you" if you make several smaller deposits (or withdrawals). Rush Limbaugh was nearly charged for withdrawals. Dennis Haster was convicted of too many withdrawals. Several family owned business have been prosecuted.
Today, $10,000 cash doesn't have the buying power it had in the 1960's (or whenever the limit was set).
A few years ago, the Feds cracked down on Payday Loan business. I think they used the same regulation on Mcmillan stocks.
In states that have 'legalized' marijuana, the businesses can't use banking services.
There seem to be a lot of forces pushing everyone (world wide) away from cash and into banking.
In the US, Banks and Regulators are beginning to abuse their authority.
Just among friends:
How do you buy guns or ammo if all transactions must be done with a credit card and banks won't accept them from 'evil' gun business?
What do you do if your current occupation gets classified as 'evil'?
What do you do if you get reclassified as 'evil'?
See you at the range
NRA Life, TSRA Life, USPSA Life, Mensa (not worth $50 per year so it's expired)