My letter to Jack Forestell at Visa about his push for a cashless society. Below my letter is the article that inspired my letter.
Please tell Jack Forestell and the rest of the banksters that I like using cash. Cash is freedom. Any merchant who goes to cashless status will go to customerless status as far as I’m concerned. My money is mine – not yours. I like privacy, and what I do is none of your business.
First, the overview from the Wall Street Journal:
Visa Inc. has a new offer for small merchants: take thousands of dollars from the card giant to upgrade their payment technology. In return, the businesses must stop accepting cash.
The company unveiled the initiative on Wednesday as part of a broader effort to steer Americans away from using old-fashioned paper money. Visa says it is planning to give $10,000 apiece to up to 50 restaurants and food vendors to pay for their technology and marketing costs, as long as the businesses pledge to start what Visa executive Jack Forestell calls a “journey to cashless.”
Pensamiento Peligroso writes the truth as he sees it, and if it upsets you, then it makes you think!