this post was submitted on 31 Oct 2023
1839 points (96.3% liked)
Microblog Memes
5832 readers
1564 users here now
A place to share screenshots of Microblog posts, whether from Mastodon, tumblr, ~~Twitter~~ X, KBin, Threads or elsewhere.
Created as an evolution of White People Twitter and other tweet-capture subreddits.
Rules:
- Please put at least one word relevant to the post in the post title.
- Be nice.
- No advertising, brand promotion or guerilla marketing.
- Posters are encouraged to link to the toot or tweet etc in the description of posts.
Related communities:
founded 1 year ago
MODERATORS
you are viewing a single comment's thread
view the rest of the comments
view the rest of the comments
Yeps. Banks make no money if we keep it in paper in our wallet and big retailers don't have to deal with the infrastructure to deal with paper money. Part of the reason why government economists want to ban all non-digital currency.
In the past governments banned people from owning gold. In the future they will ban us from owning paper currency. And pretty much for the same reason. There will be a financial system that you simply can not opt out of. You will need a bank and it will be one of the few remaining banks left after stress tests and corporate mergers finished the job 2007 started.
The later this happens the better, fortunately we don't live forever.