Discussion in 'Paper Money' started by dlts, Jan 16, 2021.
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1984 is already in our rearview mirror.
great idea! A currency that's as easy to steal or lose as cash, but as fragile and vulnerable to cyber-attack as a cheap PC!
Cash is done for. I may not live long enough to see cash made explicitly illegal, but some businesses around here already refuse to accept it.
But-but-but Bitcoin! And gold!
(I'm still not entirely sure why people consider Bitcoin "anonymous" or "untraceable", when all Bitcoin IS is a trace -- a global record, globally visible, of every transaction that takes place.)
thinking about the price edict of Diocletian, the penalties were severe but people still didn’t care and an entire cottage black market industry arose from it.
I see a similar thing with cash - some merchants will demand cash or coin, even if it’s “illegal” in the state. Therefore, a black market for currency will arise and we’re back to square one.
I always use half dollars and pennies when I get a single taco or whatever in the drivethru
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