Cashless society

30-05-2018, 06:27 AM

crookiecookie Wrote: crypto is the future as this tech was made in the 80's

but the problem with it its just like the stock market big big bubble as we saw not that long ago. which is very scary as we are now moving over to a cashless society cryptos will be the currencies.

now do i have to worry that i wake one morning to find i just lost 10k per face value of 1 coin practically overnight on my standard cashflow and not investments.

i would be rather concerned because if the current trend of what just happend if this is going to be are future currency when we go completly cashless by say 2050

Many many many people are going to be stipped of there everyday cash is a giant ponzi scheme to keep people poor so they can easily be controlled

Well, the technology came about in ~2009, not the 80's.

Crypto aside, we've been well on our way to becoming cashless for quite some time now, although it varies significantly from country to country... Sweden's currently the furthest along with only 1% of the value of all payments being made in cash in 2016 (compared to about 7% across the EU and US).