Subj : the plan for destroying cash
To   : Arelor
From : Ogg
Date : Sun Apr 07 2024 03:01 pm

Hello Arelor!

 A> ..Check the plan for destroying cash, which consists of
 A> having everybody use a smartphone digital wallet instead.
 A> Such a move places all the burden of sustaining the economy
 A> on US softare running on Chinesse hardware.

Wasn't it Sweden that undertook a 100% cashless pilot project  
for almost a year?  I think it failed in some aspects,  
especially when there were power outtages.

An interesting article from 2017 though..

https://www.bbc.com/future/article/20170912-the-surprising- 
place-where-cash-is-going-extinct

Cashless makes sense when inflationary rates are so high that  
you would have to literally carry bags of money for small  
purchases.


-- 

--- OpenXP 5.0.58
 * Origin: (} Pointy McPointFace (21:4/106.21)

.