Cash
The new $20 was announced today, and I’m relieved. I was afraid it would be pink or baby blue, or something like that. It turns out, it’s amost exactly like the current $20, just with shades of color, rainbow-like, across it. It’s not too bad. Still, I’m kindof sorry to see the all-green go.
The real problem is with paper money. If we had electronic money, then counterfitting as we know it is impossible. You only have to worry about digital counterfitters. So far, that hasn’t been a problem, as people are much more likely to steal real digital money (or credit cards, which is the same thing) than to attempt to create their own. Personally, I would love to do away with cash all-together. Yes, this makes all transactions traceable, but that can be gotten around, and I have less of problem with traceable transactions than I have with cash. I don’t buy *anything* with cash, other than fast food, so I obviously don’t have a problem with traceable transactions. Of course, as long as the contents of the purchase aren’t recored, then tracing that you bought something at place X isn’t really a problem, and there will be PayPal-like places that offer anonymization of purchases. So, all in all, I’d like to see a fully digital money system.
Discussion Area - Leave a Comment