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But that’s not what decides if cash is viable. If we had a huge mugging problem, we would call for better law enforcement, not less cash.
by toxik 5y ago
But that’s not what decides if cash is viable. If we had a huge mugging problem, we would call for better law enforcement, not less cash.
- tptacek 5y agoNo, people generally carry much less cash now, and part of the reason why is that it's so easily stolen.
- devonbleak 5y agoI'd argue that's a small part of the reason. Like a rounding error vs the inconvenience factor of dealing with stuff like coins, having to go to a physical location during restrictive hours/days to obtain more than a trivial amount of cash, etc.