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by nonamenoslogan 1536 days ago
I don't know where this idea that governments want to abolish cash comes from. The crypto-world loves to bandy this about, but in reality a HUGE portion of the people still transact constantly in cash. Granted in the US only about 10-15% of people are "cash-only," but 85-90% use cash daily. Cash isn't going anywhere anytime soon, no matter how great Starlink gets, no matter how much Illuminati-conspiracy the Internet dreams up, electronic only money is a pipe dream in the foreseeable future. Maybe in another 50-100 years? Who knows.
1 comments

The dollar lost 99% of its value in the last 100 years. Eventually folks will wake up and not want to earn or accept money that melts away so quickly. It should take a lot less than 50y at the rate of print.