Re:Harvard Economist Is Trying to Kill Cash
by ddorian43 on Saturday September 10, 2016 @09:20AM
(#12469050)
How much do you keep in cash? Enough to pay your lawyer ?
Re:Harvard Economist Is Trying to Kill Cash
by sneak on Saturday September 10, 2016 @07:10PM
(#12471304)
I have plenty of assets which I can sell for cash in a pinch - should cash actually still exist.
When everything is a bank transfer, your very right to transact is at the mercy of the government.
Re:Harvard Economist Is Trying to Kill Cash
by ddorian43 on Sunday September 11, 2016 @03:35AM
(#12472396)
Agree that makes more sense.
Re:Harvard Economist Is Trying to Kill Cash
by ci5er on Saturday September 10, 2016 @01:19PM
(#12470094)
> How do you pay your lawyer when the state or bank decides to steal from you?
In my (limited?) experience, unless the lawyer costs <$5000, you have good friends, or the lawyer likes you an awful lot, you kind of still need to tap your (now frozen) bank account for this use-case.
I do not recommend being in this situation.
How do you pay your lawyer when the state or bank decides to steal from you?