Cash will always be worth what people agree it is. Cash will be worth a lot and stable once they move to a cashless society, it just won't buy you government approved items. Cash will be a black market and outcast society currency. I'm keeping my Cash for a bit.
Its just paper then.
Look at Zimbabwe where groceries cost a wheelbarrow of cash. You're better off buying real assets like gold and silver now rather than hold a soon to be valueless cash.
Thats not a cashless society that's a destroyed fiat. If they make the transfer to digital currency paper and coin currency will have a deflationary increase over time as a barter tool between people. So I would hold a bit of cash. Not all, but a bit.
And how do you think they're going to convince people to move over to a cashless society? That's right, they're going to destroy the value of fiat so you have no choice.
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