0 sats \ 2 replies \ @Rothbardian_fanatic OP 26 Oct \ parent \ on: Money in a Free Society (2023) econ
Yes, critical, but the supply can be any size and still be adequate. Increasing the amount of money in circulation doesn’t help anybody, especially if done quickly.
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10 sats \ 1 reply \ @Bell_curve 26 Oct
agree
I should have added cash is critical for privacy and freedom
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21 sats \ 0 replies \ @Rothbardian_fanatic OP 26 Oct
I think that privacy is the largest incentive to use cash in an electronically driven society! Do you know the saying, “I only take cold, hard cash”? It speaks to metallic objects in hand. BTC are good, too, but BTC is hard to hold in your hand. :)
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