#plus its easier to use for stuff like yard sales and other community events.
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cutekittenlady · 2 months ago
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A cashless society is also just... Not... A good idea? Like literally every cashless option available is tied up entirely in technology and services provided almost exclusively by private enterprise.
Most notably banks whose entire business model is predicated on you giving them their money and lending said money out to other people in the form of loans and also investing said money back into the bank so they can make more money to then pay YOU back. Make no mistake banks are very much a business. Always have been. But the thing is you can't privatize currency.
No I don't care what the fucking bitcoin techbros or paid off pseudo economists say. It is to literally NO ONES benefit (no not even rich people) that we privatize currency.
If we went cashless we would, inevitably, have to fully bring banking under the wing of the government because at that stage allowing banks to make decisions based on the free market would present catastrophic consequences globally. But that wouldn't be good either because the government running all the banks would give them an INSANE influence on the private sector that it WOULD exploit.
having cash is like having secret money. like whos gonna find out i’m buying tacos with this crisp $20 bill??? not my bank account, that’s for sure
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