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RE: War on Cash is Ending

in #money7 years ago

Look I agree with you fundamentally, I just don't think your strategy proposal is good.

Cryptos are not mature enough to replace cash yet, nor do they have any privacy, in some cases even worse than cash.

Until this issue is addressed, we still have to hold it.

I think we have to delay the cashless society as much as possible until the cryptocurrencies mature.

If the banking system would go all out tyrannical tommorrow, or if they would implode, that would cause untold amounts of damage, people are not prepared for that.

They don't have any money, their assets are all collaterals. First they need to have some assets, in order to survive this, and then, maybe then, they can ride out smoothly the collapse.

Sort:  

We're on the same team, wanting the same goal.

Different approaches must be proposed before we get to this goal.

We do the best we can. We help ourselves and we help others. We create awareness of the problem and we propose solutions.

The rest is out of our hands. Great convo!