Unless we collectively decide to take action against giving payment providers that much power and private data, but I don't think that was the driving force behind this policy.
163 karma · joined January 12, 2017
Unless we collectively decide to take action against giving payment providers that much power and private data, but I don't think that was the driving force behind this policy.
Is it obvious though? I find it's more ideological than an actual well thought out plan: https://quillette.com/2019/02/27/why-renewables-cant-save-th...
Which to me seems to be the case for most scenarios where government adds regulations on the market for the "greater good". In general I favor letting the market decide where things should head.
I'm not against government intervention to help those affected by changes catch up and adapt (even though I often disagree with the policies put in place to achieve this). But I do tend to oppose when the government tries to force the market's direction instead. If people drive the market to want to go cashless, the effort should be in helping everyone do so.
But if places are forced to accept cash, people who haven't adhered to cashless forms of payments have no incentive to swap. If it is a significant part of the market, then cash-accepting places should still out-compete cashless. If being cashless is such an advantage that the reverse is true, then people should be given incentives to change. This feels to me like a government action that goes against economic interests (whether or not it should still be done is another question, but I'd personally vote against this regulation if given the option).
I find a more interesting argument against this to be the fact that cashless payments actually depend on a corporation or third party entity doing the payment for you. Which, lacking appropriate regulation, would give them the power to ban certain people or business from doing transactions altogether (think China social credit systems).
edit: Regarding the first point, I just mean the government seems to be taking action in the wrong area just for appearances, when the issue would be investigating why people don't have cashless payment options and promoting change there
(disclaimer: that this does not mean I think an effort should not even be made. But there will always be outliers as that is the painful reality we live in. I do think OP is justified in their complaint and wanting more accessibility. But I don't think it is their "right" to expect that demand to be met)