Just to be clear we are a mostly cashless society and the majority of currency is not physically in existence around the world and somehow it manages to be protected by and large.
The difference is that if someone decides to freeze your cashless bank account they can by a mouse click and you’re destitute. Whereas if that happens in a cash-based society they have to come and get it from you.
well that is sorta my point. I keep some cash on hand but the majority of my money gets auto deposited and debited from there when I pay bills. If someone steals the majority of my money and I have somelike 1 to 10 percent its not a much better situation than them stealing all of my available funds. I mean it is which is how come I do keep a bit of cash on hand.
Just to be clear we are a mostly cashless society and the majority of currency is not physically in existence around the world and somehow it manages to be protected by and large.
The difference is that if someone decides to freeze your cashless bank account they can by a mouse click and you’re destitute. Whereas if that happens in a cash-based society they have to come and get it from you.
well that is sorta my point. I keep some cash on hand but the majority of my money gets auto deposited and debited from there when I pay bills. If someone steals the majority of my money and I have somelike 1 to 10 percent its not a much better situation than them stealing all of my available funds. I mean it is which is how come I do keep a bit of cash on hand.
Good thing jobs pay in cash, oh wait, only shady jobs do that.