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by strofcon 1453 days ago
"This is the value of cash. People can choose how much they want to trust 3rd parties and how much personal responsibility they want to take on. Some people may always choose a centralized mechanism for managing their assets, some will choose to manage their assets completely on their own, and others will decide on a case-by-case basis if they want a 3rd party involved."

Fixed that for ya.

1 comments

Cash is fantastic for personal freedom, but for many reasons, cash isn’t a viable alternative in the digital age, especially as we move to fully digital, government-controlled money that loses all the freedoms that come with using cash.

Cash is also hard to move and secure in large quantities, which makes it impractical to self-custody.