The GoFundMe cancelation of the truckers' money should make you all aware of how a cashless society will work. The government gets mad at you and they wipe out your money. The end. Think they can't get mad at you, you're a good citizen? Welcome to the social credit system.

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[–][deleted] 2 insightful - 2 fun2 insightful - 1 fun3 insightful - 2 fun -  (2 children)

Same problem even if you keep your money in a bank. And holding cash means you're taking a loss due to inflation over time. If that money isn't growing that money is shrinking.

Crypto can be outside government purview though, and you can stake stablecoins.

[–]Tom_Bombadil 3 insightful - 2 fun3 insightful - 1 fun4 insightful - 2 fun -  (0 children)

And holding cash means you're taking a loss due to inflation over time.

Probably not this time.

Cash is King during the bank runs.

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

Silver and gold. Pirate? Sure...