Cash on the Verge of Extinction?
Electronic payments are wonderful but are the banks going to MAKE us give up cash?
http://www.bbc.com/capital/story/20160922-the-countries-where-cash-is-on-the-verge-of-extinction
Electronic payments are wonderful but are the banks going to MAKE us give up cash?
http://www.bbc.com/capital/story/20160922-the-countries-where-cash-is-on-the-verge-of-extinction
Really?
“Don’t they realize that they’re sending a message to clients that they’re not helpful partners? Well, yes they do, but they’re also aware of another factor that’s more important to them. As the economic crisis gets ever-closer, they understand that the day will soon come when a banking emergency is declared and the banks will shut their doors for an as-yet unknown period of time (presumably until a solution is found).”
“Therefore, in the final stretch of this race to the bottom, they want to be holding as much of your money and metals as they can.”