Bitcoin is a hedge against the cashless society

When cash is gone, where will you turn to transact with a basic level of privacy? What money do you hold when negative interest rates start eating away at your bank account?

Why do countries go cashless?

“Severe recessions have historically required 3–6 percentage points cut in policy rates. If another crisis happens, few countries would have that kind of room for monetary policy to respond.”

“those engaged in tax evasion, money laundering and the financing of terrorism, and those wishing to store the proceeds from crime and the means to commit further crimes.”

Problems of the cashless society

Bitcoin as a hedge against the cashless society

Independent cryptocurrency researcher

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