this post was submitted on 29 Nov 2023
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[โ€“] [email protected] 9 points 11 months ago (1 children)

I get your point, but if your government is already screwing up the economy - hoarding physical cash is no better. See African countries and India's 2016 cash crisis: massive queues at the bank for worthless paper.

[โ€“] [email protected] 10 points 11 months ago

It's not about hoarding cash. It's about privacy and surveillance. Cash is the only truly anonymous means of payment.