3 ms·
Historical precedent, and the fact that most of world trade is now dollarized, means that it’s incredibly unlikely that the US will ever deprecate cash. Unlike
by gerad 4y ago
Historical precedent, and the fact that most of world trade is now dollarized, means that it’s incredibly unlikely that the US will ever deprecate cash.
Unlike other currencies, all US currency ever issued remains legal tender [1]. Honestly, if you want untraceable transactions - using US cash is going to be way better than any digital currency.
1: https://www.federalreserve.gov/faqs/currency_12768.htm https://www.federalreserve.gov/faqs/currency_12768.htm