mrsun

Will InfluxDB IOx eventually replace InfluxDB v2?

One of the main points is mentioned in the article:

> Germans were already well known for their love of physical money and data privacy.

I think the most important point here is privacy. If you deposit $10k into a bank account, of course you are tracked. But if you put the $10k into a bank vault you are not tracked.

> Also, no "cash owner" would buy gold to save vault space.

Saving vault space is only one of the reasons. Gold is more stable than cash.

banks don't care but the cash owners do. If you have 10.000 euros in cash and buy gold (in order to save space in the vault) the transaction will be registered. The government gets all details (name, date, amount etc). Instead if you put the 10.000 euros directly in the vault nothing will be tracked.

Additionally, the cash limit to anonymously buy gold is now 2.000 Euros (since Jan 2020). https://news.bitcoin.com/germans-rush-to-buy-gold-as-draft-b... You need a lot more space to store 10.000 € in cash than in gold.