Fenton Lum
Gold Member
- May 7, 2016
- 22,735
- 1,442
. That's why our cash system ruled, and it still should rule. Technology in this field has made us less safe not more safe.. Hmmm, my credit card has insurance that keeps me from worrying about scammers doing anything.
Yes, that's true, but there is identity theft to worry about as well. They even have some sort of contraption that can scan your credit card right from your pocket. So now they sell metallic wallets to prevent people from doing that to you.
That's what us older folks do. But then again, all my tenants pay rent in cash so I have to get rid of it somehow. I don't use my debit card for much of anything.
When your cash is based on fiction it doesn't much matter.
What's fiction about it?
What is it tied to? Certainly not gold. This system now generates wealth via the issuance of more debt. Wealth generation in america now has no ties to production, goods/services, work or anything that benefits society as a whole.