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"Let's Kill Cash!!"

PostPosted: Thu Feb 09, 2012 8:09 pm
by cesariojpn
No mentions of Silver and Gold replacing them.

http://gizmodo.com/5882836/lets-kill-ca ... ess-future

Re: "Let's Kill Cash!!"

PostPosted: Thu Feb 09, 2012 8:31 pm
by galenrog
These guys seem to favor electronic currency. I favor something that cannot disappear with a single keystroke.

Re: "Let's Kill Cash!!"

PostPosted: Thu Feb 09, 2012 8:54 pm
by Cu Penny Hoarder
No more anonymity, they want every transaction recorded and trackable. It still should be a few years before it's fully implemented and inforced.

Better buy what you need with cash now before it's gone (ie. all the Au and Ag you can).

Re: "Let's Kill Cash!!"

PostPosted: Thu Feb 09, 2012 9:20 pm
by nero12345
One of the problems with this is when you control someones money you control them. But if they control your plastic money and you want to protest or don't conform then its very easy to hit delete and then you'll have nothing. Paper money with no backing is scary enough. Plastic money is a nightmare.

Re: "Let's Kill Cash!!"

PostPosted: Fri Feb 10, 2012 1:51 am
by JadeDragon
Plastic money or completely digital phantom money. I just spotted a lot in WA State for $1600. You could build in it and it's in a small town. Investing in dirt makes sense to me. At least you can grow food. Putting money in digital nothingness.. not so much.