lol I was at a Best Buy a couple of years ago to buy an iPad.
I was back at the ‘Apple Section’. When the useless salesman walked up and started his script, I just cut him off and said “I want this”. He gets it, and rings it up. I lay down 9 $100 Bills, and he looked at me like I had two heads. After a pause, he said: “I can’t accept that back here”. He asked if I had a credit card, and I asked him why on Earth would I want to pay $1,300 for it after interest, rather than $890. The remark went over his head, and he told me that I’d have to pay up front at a desk....
Another entity that will just LOVE a cashless society is BANKS. All transactions will flow through them. We’ll probably get 1099s(or something similar) from them for all ‘private’ person-to-person transactions at the end of the year.
why on Earth would I want to pay $1,300 for it after interest, rather than $890.I use my credit cards for most purchases > $10, and it's been decades since I've paid any interest to the credit card companies. Credit cards, when used properly, are wonderful. They provide me with an average of 15 days of "float", and they typically refund 1-2% of my purchases, so I'm actually paying less by using my credit card than if I had used cash. I do agree with your concerns about the privacy issues.