Transcript of the above video: 

Yeah, this is a phenomenon that has been irking me for a couple of months now. I didn't make a video on it when it initially happened to me about 6 months ago. I went to a Subway here and I walked in and I began ordering and they said "hey just so you know, we don't accept cash!" The other day I was just in a mall here on Silom Road within the past day or so of the making of this video, I was in an Auntie Anne's, the pretzel place, and I walked up, and I was about to order and bear in mind I was about to order like a pretzel at 35 Baht and probably a lemonade. I would doubt my total would come to above 100 baht or it would be close to a 100 baht if it went over it, and I was told "oh we don't accept cash" and I immediately walked away because it really, really, rankles me when people refuse cash. But more to the point, it's illegal to refuse cash. I don't get why this, again we've seen this during COVID, these pushes, these sort of extra-legal or quasi legal, I mean illegal is really the right word, pushes to do things that aren't in line with the way we've done anything up to that point and there seems to be this concerted effort at least in the multinational corporate world to do things in spite of the fact that sort of legality be damned. We're just going to do it and then we'll sort of morph the laws later to our liking. I really don't like this for a variety of different reasons. 

So I went over initially to the Bank of Thailand's website, bot.or.th, and under Thai Banknotes Security Features: "Banknotes are legal tender for all debts, public and private." Therefore, in order to maintain its reliability as medium of exchange "banknotes" are to be produced with particularly anti-counterfeit features." Point that is worth making there is they have to put in place anti-counter fitting countermeasures so as to maintain the integrity of cash itself, but the reason for it is, cash is legal tender, again, "for all debts, public and private”. It's legal tender. I don't see, where does anybody get the right to refuse legal tender in any jurisdiction in a legal sense? In my opinion, they don't have that right. Also, my response to anybody that doesn't want to accept cash is really "do you not want to do business?" I mean and beyond even that, so now we're being told by these so-called private operators, these multinational corporations - and I noticed this, specifically these were chain stores and I'm pointing them out and again both of these occurrences, one happened at the Subway on Silom Road, the other one happened at an Auntie Anne's on Silom road so you want to say that this didn't happen, this happened. I'm not making this up. I walked in and they said, "oh we don't accept cash!" Well you don't have that option. I mean where did people just unilaterally decide that we get to just ignore the stuff. 

Beyond even that, it goes even deeper. I went over to bot.or.th and I found the Exchange Control Act. Under Section 3 of the Exchange Control Act in this Act, quote:

"Currency" means legal tender in Thailand. 

"Foreign currency" means legal tender in any other country other than Thailand including foreign exchange."

So, I mean this is legal currency; it's legal tender. Where does Auntie Anne's or Subway get the authority to say "oh we're not accepting that " The answer is in my opinion they don't have that Authority, they're just doing it because seemingly it looks like there's this push through multinational corporations, supra-national organizations, the World Economic Forum etc., etc. the list goes on, of all of these sort of quasi-conspiratorial oligarchic entities that operate internationally and sort of in this kind of ethereal misty kind of realm where they kind of don't really have to abide by any rules. Well guess what? People are sick of this. The rule of law is supposed to mean something and one of the bases of the rule is the notion of legal tender, and when businesses just unilaterally decide to flout the law and just ignore cash, again where's the consequences for that?