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<p>[QUOTE=&quot;Blasty, post: 8194347, member: 38375&quot;]Maybe I am just a cynic, but here goes. We went from specie, to certificates backed by specie, to banknotes kind of backed by specie, to banknotes backed by debt, to bits in a register backed by enormous amounts of wasted energy... so, nothing.</p><p><br /></p><p>Free people should fear a cashless society. I see it as another step toward elimination of private ownership.</p><p><br /></p><p>It&#039;s convenient for us to use cards and various electronic payment systems, but also convenient for those who wish to control you.</p><p><br /></p><p>Recently in Kazakhstan, anyone relying on electronic payment of any sort was out of luck. If the government can &quot;turn off&quot; the Internet when things get sporty, the money you thought you had isn&#039;t really yours.</p><p><br /></p><p>I don&#039;t like my ability to use my &quot;money&quot; that I earned to be turned off that easily.</p><p><br /></p><p>Therefore I am not a supporter of cryptocurrency, NFT, whatever promises ownership of something when in reality you&#039;re holding nothing.</p><p><br /></p><p>Some do well speculating in this area, effectively turning nothing into real money and assets. Good for them, that&#039;s awesome! But it&#039;s not for me.</p><p><br /></p><p>And yes I understand the irony of my post, as someone who uses Federal Reserve Notes and relies on electronic transactions in and out of bank accounts, has numbers on a screen saying he owns pieces of companies, but I am still against a totally cashless society.[/QUOTE]</p><p><br /></p>

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