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2025-04-25 10:46:25 UTC
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HighlandLawyer on Nostr: nprofile1q…s60lz Well banks charging as much, or more, for business cash deposits ...


Well banks charging as much, or more, for business cash deposits as for card payments incentivises business to retain cash & use it for purchases. Which leads to an ever increasing pool of cash held by legitimate businesses which doesn't get banked; that's even before you get into businesses which prefer cash to under-report turnover for tax reasons and illegitimate business (or even legitimate business which falls under financial service providers "morality clause" exclusions)