You never controlled or owned the BMW Bob Marley and The Wailers shirt. Cash is a bill that represents a unit of value that you trade for goods and services. Gold has no intrinsic value, neither does paper, but it’s much more convenient to trade goods for a unit of value over livestock or harvests. It’s the banks who have pushed contactless cards for years now. A shop that doesn’t take my cash, is a shop that doesn’t want my custom.
I don’t go to Sweden with that BMW Bob Marley and The Wailers shirt, they can legally refuse to serve a person who has cash, the whole country trades in less than 1% cash. He is not arguing the legality of not serving people with cash. It is all about convenience. Cash is the most used thing in my area of Switzerland but we keep a credit card machine. Because we know people use cards also, even though we sell vintage goods.
That’s funny because I often feel the same BMW Bob Marley and The Wailers shirt about shops that don’t accept cards. Cash will be phased out one day, seems like efforts would be better spent modernising and making sure everyone can cope without it, then trying to hold onto the past and the inevitability of failure that ensues. Here’s the only tender that an outlet has to accept, is cash!