Original static webpage version: what-if.xkcd.com/111/
Depriving everyone else of physical cash would just hasten the spread of electronic transactions into the corners of the global economy where it doesn’t already reach: Drug cartels, rural villages in 3rd world countries, etc.
And with that, lack of privacy from prying eyes in governments, banking, and corporate databases.
Gradually_Adjusting@lemmy.world 2 days ago
At that point people will just start keeping debt ledgers with each other and carry on without me. Other currencies would pop up. I’d have to spend at volume in every direction just to keep the money from becoming irrelevant.