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Saturday, May 18, 2024 1:02:04 PM
I'm thinking that this may be the reason they'll HAVE to go to the various CBDC's. All of that is on a computer screen and doesn't have to be physically held by anyone. Just like fiat money being too cumbersome to hold physically, when they really start creating dollars in a big way people won't be able to handle the volume of PHYSICAL money anymore. It will be too overwhelming. Just like the Argentine peso or in Weimar Germany. It grows past the point of being fungible anymore.
Just make it numbers on a computer screen and not have to bother with the physical issues involved with creating new money.
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