Disclaimer: This article is a work of satire and intended for humorous purposes only. It is not based on real events.
In an unprecedented move that has left economists and satirists equally baffled, South Carolina has announced its plans to become the first state in the nation to completely ban cash transactions, shifting entirely to digital currency. This bold initiative, dubbed “The Digital Dollar Declaration,” aims to catapult the Palmetto State into a futuristic financial era.
The decision, which emerged during a recent, very unofficial meeting of state officials at a local barbecue joint, was inspired by a collective frustration over a broken vending machine that only accepted cash. “If we can’t get our soda on time because of cash, it’s time for a change,” argued one unofficial spokesperson, who prefers to pay for barbecue with Bitcoin.
In an effort to ease the transition, the state will introduce the ‘SCoin’, a state-specific cryptocurrency. According to unverified sources, the SCoin will feature a digital motif of the state’s beloved Palmetto tree and the mysterious Lizard Man of Scape Ore Swamp, a local legend, as a nod to South Carolina’s rich folklore.