On the other hand, I think a lot of this "cashless" debate can be fixed by mandating any merchant of goods or services to accept cash. Parking meters, brick-and-mortar stores, etc. have all been accepting cash for a long time, so it's a solved problem.
> mandating any merchant of goods or services to accept cash
The fewer people actually use this option, the more likely the merchant is to be very passive-agressive about refusing it. Like claiming not to have change.
I highly doubt I would find any dealer on the street taking crypto tho. Alone the transaction times of 10+ minutes don't fit in a real world drug exchange.
There is little space for PUBLIC and AUDITABLE ledgers of any kind when discussing private payment.
My impression is that bitcoins contain a lot of dark money. How is this handled then with regards to sanctions or money laundering for example?
- for me personally cashless is fine and way more convenient
- I can totally see why a minority of other people don't find that
- some people are excluded from the system for bad reasons
- some people are excluded from the system for ""good"" reasons, or at least reasons that get deep into unpopular public policy (should you be allowed to use the cashless system for crime/drugs/terrorism/funding hostile countries/taking bribes from hostile countries?)
- cash handling is NOT free, ask any small business
- as a Scot, I'm used to the idea that paper money isn't quite as universal as you might expect