Positive Future #416 (Feature photo – Roll of Cash – Public Domain)
The argument pops up frequently that we should be on a path to a cashless society. But cash in the last few years has taken on new respect to include things like protecting against identity theft and serving significant portions of the population that do not have bank accounts.
A recent initiative in San Francisco looks to prohibit stores that don’t take cash. At the forefront is Amazon with its two new cashier-free stores it opened in San Francisco last year. Curbed news portal brings more of the story as San Francisco is looking at banning stores that don’t take cash. Estimates in San Francisco are that 50 percent of black and Latino households in San Francisco go without a bank account. You can read the full story here: