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That's a reason why you might have cash, not why you would use it. For example, you might own a gun in case society collapses. It stays locked in a hard to find place in your house. You don't walk down the street with it on your hip. Similarly, you don't pay for goods and services with cash when you're not in a crisis unless you're breaking some law, whether or not you want to figure out if you are or not.


There's something like $13 trillion in consumer spending in the US each year, and something like 9% of that is in cash.

That's like $1.2 trillion in boring, normal, law-abiding cash transactions each year.


What makes you think that it's law-abiding? You're aware that literally the entire goal of money laundering is to appear law-abiding, yes?


What country are you from? I’ve only seen this kind of hate towards cash in the European countries. Last time in Sweden and ask to use cash they looked like they were about to kick me out of the store.


You should get out of your bubble more?


Heh, I’ve been to about 30 countries, how about you?


112, disaster response is a great way to see the world.




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