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> The number one benefit of going full cashless is just controlling inflation. It's MUCH easier to regulate supply if the supply isn't physical. I don't think
by shrimp_emoji 2y ago
> The number one benefit of going full cashless is just controlling inflation. It's MUCH easier to regulate supply if the supply isn't physical.
I don't think you appreciate the experiment you're enrolling yourself into here though. There are those who would rather not suffer negative interest rates and whatever else "for the greater good as seen fit by The Fed". Fiat currency was a great financial innovation, but it has sort of mixed results, and this is turning it up to 11.
It's kind of like saying, "It's going to be MUCH easier to catch criminals if the government has a live feed from everyone's visual cortex via microchip." And you're right, but...