Post
Topic
Board Bitcoin Discussion
Re: So Italy is now anti-cash and pro-Bitcoin?
by
rijaljun
on 11/12/2019, 16:14:55 UTC
It's not like they would be anti-fiat, they're just anti-cash just like many countries in Europe. Slowly we need to eliminate the cash utilization which is an unnecessary spending. Why use cash when you can easily use electronic payments? Of course that using cash you can make transactions "off-the-grid" sort to say, but if you are a person with high ethics the only thing that wouldn't keep you away from using cash is the possible tracking that banks or people following our accounts' transactions might operate. That is ilegal, but still are you willing to trust the banks on this? That's why I think Bitcoin will totally transform the society as we know it.

Good point! Anti-cash should be common thing in the next few years. Now is electronic era, and it is much more efficient than cash system. But still could be a long way for Bitcoin adoption cause electronic payment system has a very wide definition. The govt could be a sign to start adopting cryptocurrency or either just to use centralized electronic payment system.