I mean if your using credit cards for cashless. We have Interaction which takes a much smaller percentage.
Late Stage Capitalism
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Introduction to Socialism (external links)
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Transaction costs in my country for the most popular digital payment method are between 0.05 and 0.09 euros per transaction. At an average of 0.07 €/transaction, that's 1428 transactions before a 100€ is reached. To me, that seems like a small price to pay for some added security and convenience for store keepers.
How can I go to the sex shop and the bathhouse and buy shrooms if I don't have cash?
You can buy sex toys or mushrooms and pay by card, no issue.
Ouch for that 100$.
A bill doesn't rip that easily, so I'm guessing that was worth the exact amount of paper it was printed on.
I'm not a conspiracy theorist by any means, but I do think everyone should read The Creature from Jekyll Island. While I don't think it's 100% correct, it does bring up some very relevant points.