Post
Topic
Board Economics
Re: Why the fuck do we still use cash?
by
Ron~Popeil
on 08/06/2014, 02:07:04 UTC
when we already have crypto currencies, master cards, paypal and other shit, why do we use cash?

As a matter of fact, many governments WANT to try to abolish paper money because it is bad for them. People can do illegal shit, can earn money without paying taxes, are anonymous ect.

Online cash (paypal, CCs ect) are perfectly traceable and the governments LOVE that.

maybe I'm wrong but the governments love paper money because they can print as much as they want? so I think it's impossible they want to abolish paper money.

You don't need to print it to increase the supply, you can just do it electronically.