this post was submitted on 04 Dec 2024
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Electric Vehicles
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What fraction of the population still use cash? Most people I know don't even bother carrying it anymore.
There's reasons to keep cash around. It's used by disadvantaged people or people without bank accounts, i.e. people that need it really need it. It's a physical object that you own and can't be deleted in a database by a malicious government. It's also resistant to tracking, and allows things like paying for products in a legalized state when it's illegal federally.
Most people can live their lives right now without worrying about any of that, but we'll see what the next 4 years brings
Good points. I suppose cash still does have its place.