Will cash be obsolete

Started by Pabitra, March 18, 2019, 06:42:32 PM

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cmerc

Civilization, as we know it, will collapse at some point. Cash will certainly be needed at that point!
Defending this hobby against a disapproving family since 1998.

chrisild

Quote from: cmerc on December 17, 2021, 02:24:19 PM
Civilization, as we know it, will collapse at some point. Cash will certainly be needed at that point!

If civilization actually "collapses", that may well include cash management and circulation. ;) 

Elak

Quote from: chrisild on December 17, 2021, 03:39:09 PM
If civilization actually "collapses", that may well include cash management and circulation. ;)
Gold will live again as a currency then, and people may well make it into shiny triangular slabs of specific weights for ease of counting and portability.

Figleaf

It's the other way around, Elak. If gold becomes money again, civilisation collapses (restraining myself from holding a long and boring economic exposé on the quantitative theory of money). :D

Peter
An unidentified coin is a piece of metal. An identified coin is a piece of history.

Elak

Shiny pebbles then! Or whatever the farmer who is producing the food can convince the taxman to accept in payment.