Re:Countries where cash is on the verge of extinction
by petre on Sunday January 01, 2017 @04:00AM
(#13295167)
We'll just use other's cash for cash transactions: US dollars. It's at least very difficult for the US to eliminate the dollar because it's used in international trade and almost everyone also has it in cash. Which also means the currency in a cashless society will deprecate against the dollar if it loses confidence. Just take a look at Venezuela - people are using USD as their currency is worthless.
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