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Cash is one of the last ways for human persons to exchange value without having a corporate intermediary or government institution act on their behalf. Human cu
by superkuh 5y ago
Cash is one of the last ways for human persons to exchange value without having a corporate intermediary or government institution act on their behalf. Human cultures will be losing quite a bit if they allow nation states to progressively ban person to person interactions like this.
It also creates a very fragile, expensive to maintain society in which transactions are not possible during emergencies.
- 0n34n7 5y agoConsidering global wealth distribution and the "1%", how often do 95% of people make a EUR10k purchase and of those, how many prefer the safety and guarantees offered by conducting the transaction through a financial institution?