alt Hacker NewsNot advocating for cashless only, but cash also has costs: banks charge for deposits and coinrolls, and you need to protect against robbery
Not advocating for cashless only, but cash also has costs: banks charge for deposits and coinrolls, and you need to protect against robbery
That, + logistics and logistics security in general. I agree, the costs are real; in general, anything physical with mass = costs. So the cost savings are real too - my point is that those are instantly eaten by inflation, so going from cash to cashless and then back to cash isn't a no-op; rather, the first leg quickly turns into a no-op, then the second leg would be increasing costs.