Under the proposed law, businesses providing "basic needs, selling or offering for sale goods or services during regular business hours" would be prohibited from requiring payment by a central bank digital currency. It would also bar them from prohibiting the use of cash.
Oklahomans For Responsible Transportation gathered at the Capitol to hear from lawmakers and Attorney General Gentner Drummond about a more transparent state government.
Imagine if there was no cash. It would be impossible to hide even the smallest transaction from the government’s eyes. Something as simple as your morning trip to Starbucks wouldn’t be a secret from government officials.
Under the proposed law, a retail establishment would be prohibited from requiring payment by credit card or a central bank digital currency during normal business hours. Retail establishments also could not legally prohibit the use of cash, nor penalize cash customers.