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by umanwizard
2683 days ago
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Basically everything you just said is already possible with USD instead of Bitcoin. You could demand your employer pay you real cash instead of bank credit, and so on. The reason nobody does this is because there is no good reason to -- banks in the US are extremely reliable and trustworthy. |
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What if my real employer doesn't live close to me because he's in a different country? Should he send cash in an envelope? Which cash? The one from my country? From his country?
What if you live in Venezuela, would you still trust the government money?
So no, this is not possible with USD bills.
> banks in the US are extremely reliable and trustworthy
https://en.wikipedia.org/wiki/List_of_banking_crises#21st_ce...
"Massive bail-outs of financial institutions and other palliative monetary and fiscal policies were employed to prevent a possible collapse of the world financial system."