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That's correct provided the customer pays up-front. For example if you went into a restaurant, ate a meal, then found out they only accept cards. If after eating you offered cash payment, legally you have offered payment, and they have refused.
What I'm getting at is they can't allow you to incur a debt first. Because if they do, and refuse legal tender (i.e. cash), they won't have any legal standing.
I think you'll find if they adequately advertised it was card only on the entry of the premises they wouldn't be legally bound to accept cash. But then the argument would be if the signage was sufficient enough or adequate notice was given, and the onus would be on the business owner to prove that to the courts. It would be within the restaurants best interests to accept cash payment in this instance.
I guess that's the technicality of providing a service and creating a debt prior to receiving payment. Businesses definitely have a duty to give their customers notice they don't accept cash before engaging in services. I still feel there's be a bit of grey area when a business adequately informs the customer prior to providing a service. The customer is essentially engaging in a contract with specified terms.Not entirely correct. Even if there were a sign, and you created a debt with that business, the legal tender law requires that they accept cash as settlement if it's offered.
Legal tender in Australia means that if a debt already exists, the creditor is obliged to accept payment in legal tender to discharge the debt.
However, a business can refuse to enter into a transaction in the first place or set conditions of payment before a debt is created.
There's also the fact that you're not legally obligated to have a bank account or credit card. The courts won't make you get a bank account or credit card if you've offered legal tender (cash) as settlement.
Did u read the story of the 17 yrs old girl & the taxi ? ( the way it was written, not sure if it was true or an example )the driverless taxis, can only be booked with an app, mobile one, followed by digital payments
shops with no person in there, may not have that cash/coins machines
Agree with majority of your thoughts mate but what is the solution? Small % of us can use trade/barter system and the increasing control and gov lies has woken up many as reality dawns and were screwed, and this among many other reasons has helped pushed PMs into more mainstream. But then do we exchange for cbdc? Can we take profits will we be able to, then buy what? My own ignorance n lack of real information not just possibility has me worried...i put trust in what has always had value but if can be raised or crushed at whim or simply denied transaction? Real estate becoming dead dream where do we go on limited $ within a system of restriction and control when other then PMs real ownership of anything is almost done and future impossible. If shit slides to far to fast my vague plan is national parks,etc as far away from the shitshow as can getSoon they will have total control over you. And there will be fuckall you can do about it, because humans think like sheep.
Unfortunately for most fiat is still no1....and it will be for a whileGet that dollar sigh out of your head as it it just a symbol. Fiat is fucked, and not worth the paper it is printed on