We are becoming a cashless society, but very, very slowly. And important reasons for that because cash is actually important for things that it does better than other things do. I mean, what's important, Ken told me not once, twice, three to his death threats over this. I mean, this book was was was heated. And Ken told me that we should not do away with small bills, one, five, 20, even up to maybe up to 100.
And in fact, one of the things that caused there to be not as fast to take up by banks, a Fed now as you might have hoped is this fear of they don't have the resources yet for handling checking on fraud in an instantaneous fashion? That's really tricky. I have to ask Bitcoin, help me here. You're in class. You've got a piece of chalk in your head. Six of the kids are multimillionaires cause they bought it. Or Matt Miller.
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Bron: Crypto_Potato - 🏆 568. / 51 Lees verder »