Cash is here to stay for a long time. And i dont undestand hate around it, let people decide what to use
Most of the time the hate comes from the governments themselves, if all transactions were made using a digital medium then they will have a way to monitor everything that you do, this particular news about New York saying that stores needs to give the option to accept cash as well to their customers is very interesting because it goes against decades of efforts to try to push people to use digital options and it could be the beginning of a new tendency.
providing services to receive fiat currencies, is an effort of the government to protect its people, making it easier for the people in terms of payment methods, perhaps this effort to encourage economic improvement so that more smoothly. but I think one day will use a full digital system
There is no doubt that in the future all the purchases will be made using digital currencies but we are still far away from reaching that day, there is still a lot of poverty around the world and most of those people do not have access to electricity or the Internet and I doubt this is going to change dramatically during the next years so businesses should accept cash until we come to that point in time, but also for all of us that care about our privacy this is a good law that allow us to retain some privacy in a world that seems to be against it.