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Maintaining cash currency will cost the US roughly $877M[0], out of the Federal Government’s $4.7T budget, or 0.01% of the Federal budget. So in your view, sac
by save_ferris 6y ago
Maintaining cash currency will cost the US roughly $877M[0], out of the Federal Government’s $4.7T budget, or 0.01% of the Federal budget.
So in your view, sacrificing people’s privacy by giving this sensitive data to Facebook and ceding the government’s distribution control for what amounts to minuscule savings is worth it? Just for scale, if you were operating a $100k budget, you’d be saving $10 while giving a private company immense control of the financial system.
How do you justify that?
0: https://www.federalreserve.gov/faqs/currency_12771.htm https://www.federalreserve.gov/faqs/currency_12771.htm
- I_am_tiberius 6y agoSorry, I don't understand your answer as I'm clearly against Facebook's strategy. And so are you as I understand.