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Let’s assume that there was no cash limit, a malicious government could still achieve the same result by changing the currency or even just issuing new notes an
by yardstick 4y ago
Let’s assume that there was no cash limit, a malicious government could still achieve the same result by changing the currency or even just issuing new notes and instructing banks not to accept old notes.
I guess you would have an underground economy for a while by those that are willing to be old-cash only, but good luck paying tax and other items that require the new currency/notes.