I thought about adding a caveat about this, but the trend is clear: cash money is getting more difficult to use and fewer people are using it. For me, the biggest point is this: you can't use cash online. It's such a huge problem, and really kind of incredible when you think about it.
In some countries it's not, and measures are taken to keep it in place.
reply
What fiat currency can be used on the internet without a middleman?
reply
Where did I say that?
I said that in some countries using cash is not getting more difficult, and measures are taken to keep the cash system in place.
reply
I see. I still think no amount of preservation stops this train. In the internet era where people are used to the convenience of electronic payments, cash can't compete. People want convenience. I will be surprised if there are very many jurisdictions that protect cash money payments ten years from now.
reply