Cash is dumb. No, I do not necessarily mean stupid; I mean it is not "smart" from a technology standpoint. Understandably, some folks like the idea of paper money as it allows their honest transactions to occur below the radar, and for a privacy standpoint, I understand that. However, cash also assists people that commit crimes, such as drug dealers -- and that is not cool. Once all monetary transactions are digital, and cash no longer exists, law enforcement will have an easier time tracking illegal transactions, while honest folks can more easily track and budget their finances. Digital payment systems,…
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