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[–]AnarchySpeach 1 insightful - 1 fun1 insightful - 0 fun2 insightful - 1 fun -  (0 children)

Cash isn't dead.

There's no reason to carry more money on you then you intend to spend that day. There's no reason to have more money in your bank account than you intend to spend on bills, because they're no safer than your mattress if you're concerned about losing it all.

We've all got to keep our money somewhere, but the idea of placing all of my money in a place that can be tracked, and have to ask permission to access it, has always sounded crazy to me. Paying bills and occasionally ordering stuff online. That's all it's really good for. That's not enough incentive for me to put everything I own into a business that could legally take it all at the drop of a hat.

The myth of, "If you carry more than $200 in your wallet you'll get mugged." is a joke. More people get mugged at an atm than randomly in a parking lot.