3 ms·
> After all, only drug dealers and people too lazy to lift themselves up to bankable condition need cash. Right? Even if we accept that line of fallacy, the su
by bicubic 8y ago
> After all, only drug dealers and people too lazy to lift themselves up to bankable condition need cash. Right?
Even if we accept that line of fallacy, the sum threat of everything that could be done with illegal cash transactions is orders of magnitude smaller than the threat of a cyber attack or natural disaster disabling all exchange of money.
I don't think even the staunchest anti-cash proponents could seriously advocate for building a house of cards out of our monetary system and creating a much bigger problem than what anti-cash purports to solve.
- a3n 8y ago> I don't think even the staunchest anti-cash proponents could seriously advocate for building a house of cards out of our monetary system and creating a much bigger problem than what anti-cash purports to solve. I don't think anyone who could influence that decision would hesitate for an instant, if it brought them money or power in their lifetime. You really have to apply Kissinger's model of international relations (nations can be relied on to act in their own self-interest) to individual politicians and other wielders of direct power.