LogFAQs > #967228425

DarkBuster22904 posted...

Cash is annoying, dirty, outdated, and woefully less secure, despite what so many naysayers will tell you. Cards get stolen? I can have them frozen, with my money back by the next day. Wallet full of cash gets stolen? S. O. Fucking L. To say nothing of coins and how obnoxious they are (can only imagine how much money people just lose every year because they lose track of coins).

I keep a couple emergency $20s on hand if I know I'm going through some rural or poorer area, because shops and places around there will often only accept cash (at least for certain transactions) just to avoid the processing fees (or maybe theyre operating under the table; who cares), but otherwise, cards or apps all the way.

You'd be singing a different tune if you were in Cyprus, back in 2013 -- https://nomadcapitalist.com/finance/offshore/your-bank-account-is-no-longer-sacrosanct/ (It's a lot more difficult to "confiscate" cash, compared to electronic money in banks).

Banking is not secure at all, especially since most countries have passed the same legislation that allowed them to "dip" into Cypriot bank accounts for their own bailout, in the US, EU, and Canada -- https://internationalman.com/articles/will-they-take-all-your-money/