This is LA where I live.

And three LA City Council members were joined by other officials at a press conference a couple weeks ago

to propose a ban on cashless businesses in the city.

There are a lot of businesses out there that are moving to a cashless basis.

No cash.

See that all the time.

You either do a debit card or you do a credit card and that's all they want to see.

And there are good reasons for it.

You've got security.

You don't have to go to the bank.

You don't have to carry this cash

around and then have someone deposit money at the bank because when you're dealing with a credit

card or a debit card is instantaneous. And so you've got to find, and then of course, you know,

the thought of someone knowing that there's a cash business there and then

following that person to either the ATM or the bank. I mean, there's some real issues.

It makes a lot of sense to engage in a cashless society if you're a business. Here's the problem

is that what do you do with poor people, even homeless people that don't

have credit cards or debit cards?

They live a cash life.

And what if you don't want to have a credit card or a debit card?

You just don't have one because you just want to use cash.

Therefore, you are precluded.

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