> you need to raise your prices.

And if the competitor doesn't? Ouch.

I think there should be a "digital equivalency act" or something to hamper full digital capture, but my feelings aside, there's a few powers that dislike cash:

Free people like cash, but businesses with low-skill/low-trust workers dislike cash because despite the CC fees, there is less theft, less overhead with cash reconciliation, cameras to watch cash with, less safes to manage, less cash pickup services.

The IRS hates it because there is a cash industry (as there should be, imo, but I'm injecting too much opinion already) that doesn't report earnings. I personally know barbers, housecleaners, handymen that admit to reporting no or few earnings, and synthesize a living off cash and benefits. If you stop paying taxes, this actually works pretty well compared to a low-end tax-paying job. My housecleaner takes overseas vacations (like, thrifty ones in hostels) 2-3 times a year this way.

Banks (arguably the IRS again, deputizing them with KYC) squint at you when you deposit or withdraw significant cash - ask any weed industry participants. Untrackable currency is a natural catch-all for people they don't want to bank with, so it's just friction and headache naturally.