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You know a couple super cool features about cash?

  1. It works when there is no power.
  2. If it's person to person the gov can't tax every single fucking transaction (even thought they want to).
  3. If you want to steal it, you have to take it directly from me or where I store it (can't just pull it out of my bank account or charge a credit card).
  4. It's fungible.

None of these are true about "digital currencies".

Archive: https://archive.today/yRigk

From the post:

>In 2018 a former deputy governor of Sweden’s central bank predicted that by 2025 the country would probably be cashless. Seven years on, that prediction has turned out to be pretty much true. Just one in 10 purchases are made with cash, and card is the most common form of payment, followed by the Swedish mobile payment system Swish, launched by six banks in 2012 and now ubiquitous. Other mobile phone payment services are also growing quickly. In fact, according to the central bank’s annual payments report, published this month, Sweden and Norway have the lowest amount of cash in circulation, as a percentage of GDP, in the world.

You know a couple super cool features about cash? 1. It works when there is no power. 2. If it's person to person the gov can't tax every single fucking transaction (even thought they want to). 3. If you want to steal it, you have to take it directly from me or where I store it (can't just pull it out of my bank account or charge a credit card). 4. It's fungible. None of these are true about "digital currencies". Archive: https://archive.today/yRigk From the post: >>In 2018 a former deputy governor of Sweden’s central bank predicted that by 2025 the country would probably be cashless. Seven years on, that prediction has turned out to be pretty much true. Just one in 10 purchases are made with cash, and card is the most common form of payment, followed by the Swedish mobile payment system Swish, launched by six banks in 2012 and now ubiquitous. Other mobile phone payment services are also growing quickly. In fact, according to the central bank’s annual payments report, published this month, Sweden and Norway have the lowest amount of cash in circulation, as a percentage of GDP, in the world.
[–] 1 pt 17d

Something poetic about a site screaming "WE HAVE TO STOP DRUMPF HES LITERALLY HITLER" saying the right was right about going cashless.

[–] 1 pt 17d

I’m not for a cashless society.