to any sort of cash-free economy. this is a roadblock to multinational financial institutions continuing to exercise carte-blance restraint in the way they charge fees for their services. A cash free economy and a privately controlled electronic banking system are two different things.
can we bite the bullet and conclude that electronic transfers and card based transactions are so ubiquitous as to become a right of the people? Grow some balls, amend a few laws, and lets make a national payment card system that works with our existing currency and doesnt require some per-swipe "fee" to pay for a server to connect to a database and decrement an integer over SSL.