Quote:
Originally Posted by Topspinmo
Cashless will account for every penny. Which maybe good for some of us and not so good for others?
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That's not true at all. Cashless doesn't mean there will be a centralized system cropping up all of the sudden. Cryptocurrencies would've been made illegal a long time ago if that was the direction that things were going.
Most people have their money in a variety of places like investment accounts, bank accounts at multiple banks in multiple countries, crypto, Paypal, etc. I work for one of the biggest banks in the world. There's no way that a government would be able to handle tracking all that, and there's no real benefit in wanting to manage all of that.