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14 sats \ 2 replies \ @Scoresby 3h \ parent \ on: When Cash Disappears, So Does Something Else bitcoin econ

Cash is very clearly on the way out (more in the states than Europe, I can't speak to other places). There is no way to save it.

The question is just what will replace it. Credit cards have the first mover advantage. Maybe PayPal or Google/Apple pay type apps take over -- but our hope is in the greedy politicians who think they should be able to surveil and control every transaction. If the financial control regime is inconvenient enough, maybe there's a move towards the things that disregard such regulations...and as far as I can tell, there's only one of those that can actually do what it claims (Bitcoin).

the park attendant just shrugged

If guy can't get a credit card then maybe he will do more than shrug.

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108 sats \ 0 replies \ @adlai 2h
If guy can't get a credit card then maybe he will do more than shrug.
  1. walk into credit union
  2. deposit cash
  3. ???
  4. congratulations, you have a debit card [and some delta inflicted upon your credit score]

if "Bitcoin Jesus" took his epithet seriously, he'd have been working his way up corporate ladders from the tiniest shithole credit union he could find after hitchhiking, rather than shilling financial fireworks.

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6 sats \ 0 replies \ @SimpleStacker 3h
If guy can't get a credit card then maybe he will do more than shrug.

The thing is they market credit cards to anyone with a pulse, and even some without. The name of the game is make it easy to use, consequences be damned.

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