• 800XL@lemmy.world
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    4 months ago

    The difference is that if someone decides to freeze your cashless bank account they can by a mouse click and you’re destitute. Whereas if that happens in a cash-based society they have to come and get it from you.

    • HubertManne@moist.catsweat.com
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      4 months ago

      well that is sorta my point. I keep some cash on hand but the majority of my money gets auto deposited and debited from there when I pay bills. If someone steals the majority of my money and I have somelike 1 to 10 percent its not a much better situation than them stealing all of my available funds. I mean it is which is how come I do keep a bit of cash on hand.