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RE: The counterfeit chain

in LeoFinance2 years ago

I have been finding myself using less and less cash over the years. I know it is probably dangerous because some places only take cash. Especially in the small town areas where I live. In the future, I think that will be less of an issue. Hopefully digital currency will be the norm and everyone will take it!

Posted Using LeoFinance Beta


In many places, cash is the go to for two main reasons - the gateways for cards can be expensive. Cash doesn't always end up taxed. In some places where there has been a history of needing to hide wealth (like Germany), cash still has a lot of support, but it is changing.

Personally, I don't like cards - but that is more about who issues and owns the cards , than the cards themselves. Also, cards tend to lead to more spending as there is no "feel" for what is being spent.

Posted Using LeoFinance Beta

I can appreciate those sentiments. It's more of a convenience thing for me. Plus whenever I have cash in my wallet my wife always finds something she needs it for.