> You want 5,000 in cash? Well let us just report you to a government agency that will monitor you for the next little while to make sure you're not doing anything nefarious.
Bullshit. You can easily change/withdraw money in casinos to your heart's content, up to either 6k or 10k dollars PER transaction, if you remove more than that, paperwork gets involved
> Each time I visit A&W and then quit, they send me coupons to get me back. Same thing with the liquor shop and I drink a single Crabbies every month.
Yes, do you pay with cash or credit card, and do you use a rewards card? If you pay with credit card or use a rewards card, that's exactly what you're complaining about. I pay in cash for most minor transactions like that, without a rewards card, and nothing of the sort has happened to me. How would it? They have no information about me.
If you're voluntarily using a credit card or rewards programs to save a few bucks or build up airplane miles, yeah you kinda made the trade off.
A cashless society legislates the tradeoff for you.
It's also every authoritarian's wet dream.
If everything can be tracked, everything will be tracked.
"Oh, we see you've been buying quite a bit of ice cream on your trips to the store. Your health insurance rates just went up. In addition, we'd like to chat with you about the 3 gun magazines you've just bought."
EDIT:
And restricting the denominations of notes doesn't seem to stop cash transactions. It just makes things into a gigantic pain in the ass. Look at Venezuela. The highest denominated note is worth ~10 cents, and most transactions are in cash.