Everyone was laughing on Ray Diallo when he said his famous phrase "cash is trash" on 2019 and they even laughed more when his hedge fund tanked 30% under water on early 2020. guess what, US stock markets are bullish again and on a stunning V-shaped recovery and Gold recently hit all time high and bitcoin of course in its way to break new price record. So, who's laughing now!. he was damn right.
We're still not in the cashless society so we couldn't say that cash is trash. We still need cash because crypto isn't still acceptable in most countries. In order for us to purchase something out of our cryptocurrency, we still need to convert it into cash. Despite the developing technology which includes the existence of cryptocurrency, cash will always be useful in so many ways for us to sustain our living especially during the situation that we have right now.