this post was submitted on 29 Nov 2023
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[–] centof@lemm.ee 15 points 11 months ago (1 children)

Think about how digital movies and games are routinely locked and blocked. Do you want the government to be able to do that to all of your liquid cash?

[–] corus_kt@lemmy.world 9 points 11 months ago (1 children)

I get your point, but if your government is already screwing up the economy - hoarding physical cash is no better. See African countries and India's 2016 cash crisis: massive queues at the bank for worthless paper.

[–] runblack@reddthat.com 10 points 11 months ago

It's not about hoarding cash. It's about privacy and surveillance. Cash is the only truly anonymous means of payment.