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The beauty of cash is that it is money, not merely pinky-promising to be money. The “cashless” world was supposed to prevent fraud but clearly it doesn’t work.
by klabb3 3y ago
The beauty of cash is that it is money, not merely pinky-promising to be money. The “cashless” world was supposed to prevent fraud but clearly it doesn’t work. Instead we’re moving into a world of reputation and heuristics, with implications down to the level of individuals and small businesses.
I don’t particularly like to carry cash. But being shadow banned from existing by deliberately obscured algorithms could be much worse.