Why We Shouldn't Allow Cashless Retail Stores

Ritchie Torres, New York City council member: 'If you open a dollar bill, it reads “this note is legal tender for all debts, public or private”. The language could not be clearer, and yet even if you have this dollar bill, legal tender, with the full faith and credit of the United States behind you, there is a rising tide of businesses here in New York City and elsewhere in the country that refuse to accept cash, that only accept credit.