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More people WILL end up unemployed, homeless, starve & die as DIRECT-result of a sudden & radical change from paper/coin-money, to cyber/digital-currency.
Regardless of whether or not he understood exactly what he was shown (in his vision) 'John of Patmos' saw this, and wrote of it in 'Revelations'.
Does not matter whether or not anyone believes in the accuracy of said-revelations...
Cash may be widely accepted currently (but not all) but it's rare to see someone actually using it. I have had the same 2 five dollar bills in my wallet since about September.
With so many digital options plus debit cards I just don't bother with cash any more, and that's since well before COVID-19.
Jesus will you dust those bills off and go to a strip joint. Well......it may cover the entry fee......
Truthfully cash will never go away. No matter how much the.... “people who really run the world” want cash gone.
Cash is no dirtier than every doorknob, or handrail, or elevator button, or credit/debit card reader at the checkout (They're covered, but no one is cleaning the covers between customers). Do you touch the armrest on your seat at the theater, or at the doctor's office waiting room, or the bench at the park, or the gate to the dog park, etc, etc, etc? Everything is dirty. If you touch anything at all, it's dirty. Use your sanitizer after handling money if you're worried. I'm not. We can't prevent all germs and virus from getting on our skin, but we can keep our hands clean by washing them frequently and keeping them out of our mouth/nose/eyes between washings.
Cash is no dirtier than every doorknob, or handrail, or elevator button, or credit/debit card reader at the checkout (They're covered, but no one is cleaning the covers between customers).
I would say the debit credit card readers are much more likely to spread the virus than paper money. How many hundreds of people a day are using those machines, touching the same buttons? And like you said, few are bothering to clean them. I have a bleach water solution I use to clean items I bring into my house. Very easy to clean and money you get in change.
Plus covid-19 lives on plastic up to 7 days (plastic buttons or credit cards) and only up to 4 days on paper money.
Last edited by Oklazona Bound; 05-20-2020 at 04:44 PM..
A long time ago, so to speak, you could actually clean money by putting it in the washing machine. Now money is fragile and uses weird color dyes and might have special fibers running through. Otherwise I’d just wash my bills.
Don't you know money laundering is illegal? Seriously, though this just accelerated a trend already in place. Many people never use cash anyway. A few coffee shops don't accept cash anymore.
They are even changing laundrymats into debit/credit card only. No coins allowed. (Which means the machine could malfunction and wipe out everything on the card and you can't do anything about it.)
I barely use cash as it is, now will use it even less because I don't want to get someone else's money back as change.
That is an interesting thought. We are paying euros here in Portugal for our house call doctor, rent , taxis and tips. But that is all one way, with no change coming back. The paper money seem new coming out of the ATM.
You don't see worn out euros.
In the US though, I never have the occasion to use cash.
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