5 ms·
Things I have transacted or had close friends transact for 4-5 figures in cash: - Livestock - Machine tools - Firearms - Farm equipment - Computer equipmen
by kyrieeschaton 8y ago
Things I have transacted or had close friends transact for 4-5 figures in cash:
- Livestock
- Machine tools
- Firearms
- Farm equipment
- Computer equipment
Cash solves the problem of escrow very effectively (if someone tries to cheat you, you physically detain them and seize your cash, which is not possible if it's bits set god knows where), does not depend on rural internet connections, cannot be reversed after the fact, has minimal transaction costs, and has a universal protocol. If you're running, eg, a farm auction, cash is by far the best option.