^ Just so you can finally shut up repeating the same old argument over and over. Yes, we are going to a cashless society. That is probably already irreversible, it's just a matter of time.
No, I don't think states are supporting Bitcoin for that nor they really need to but if that were the case it would go to the moon first.
Now just fucking stop FFS.
What do you mean we are going to a cashless society?
The only time I have used cash in the past 12 months was when I was defeated by a parking machine in a UK seaside town which would not let me out without a pound coin. I had to go to an ATM and then to a pub to buy a beer so I could get a coin. Fucking savages in the UK.
Well that's exactly what I mean. I still profusely use cash because of reasons. Most people don't because of convenience. But we are going onto a path where soon will come the day that we won't be able to use cash (for the most part) even if WE WANTED TO.
Most euro countries you can not even buy a high end TV set using cash. It's forbidden by law. They will keep decreasing the max limits over time.
Why?
Because cash is way harder to control than banking fiat or even Bitcoin.
I only use cash for herbs or while in Japan. Too lazy to pass by an ATM otherwise.
What's the deal with those max limits though? And how recent is that? I bought a high-end TV some 10 years ago with cash and didn't have an issue with that. Granted that was pay cash on delivery, but still.
The restrictions started a few years ago. The max limit has been gradually being lowered. It depends on each country, currently it is 2500 in Spain. They tried to change it to max 1000 for this year, but it didn't pass. It will eventually do. The reasoning behind is that it is a way to counter money laundering and tax "avoidance" (which makes sense indeed) among others.
Also, 500 notes have been stopped to be printed and will be gradually be retired out of circulation during the next few years, leaving the (even more rare) 200 note as the highest cash denomination.
Yes, we are going to a cashless society not only because people is already used and prefer to avoid it and just use credit cards, but because the states will have more control that way.
No, I don't like it. That's one of the reasons I am into Bitcoin.