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Originally Posted by onwebcam
For starters your examples primarily refer to "large cash deposits."
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Not deposits, withdrawals. Sure but the plan seems to be a move towards a complete ban on cash... this isn't something that happens over night, it's something that occurs in a gradual way.
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I can guarantee you the banks aren't turning down Walmart's daily deposits. What they are referring to is individual deposits.
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You're completely clueless and have totally misunderstood.
If cash (paper money) is removed altogether from the system, the only payment methods available for the purpose of buying or selling will be electronic. So there will be no cash and the banks WILL turn down ANYONE's physical cash (including Walmart) because there will be no way to transact using physical cash as physical cash won't be a part of the new system.
I suppose none of us need be surprised about this....