A new bill introduced by D.C. Council member David Grosso targets cashless restaurants in Washington. If passed, it would impose penalties on restaurants that post signs indicating that cash payments are not accepted or charge different prices depending on payment method. Even if city council doesn’t like it, cashless transactions are the wave of the future.
A mandate that restaurants accept cash will hurt local businesses, both now in existence and yet to be born. It will probably also guarantee that fewer restaurants will locate themselves in D.C.’s higher-crime neighborhoods.
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