Submitted by DN-BBY t3_1276ml4 in wallstreetbets
NRA-4-EVER t1_jed43m1 wrote
Reply to comment by DN-BBY in Lecture One | Currency Master Class 101: Fiat, Gold, Bitcoin, Stablecoin by DN-BBY
How is it misinformation? You can still use banks, but once you remove cash, it is now off the "grid" if you will. The only thing that tracks the money is the system. You scream "misinformation" because you won't admit that you were wrong.
I try to never buy things that can be tracked. If I'm buying something online I'll even buy gift cards to do it, like PSN cards. Obviously if you register a car or buy a house, it's going on the record in other ways, but that's not cash's fault. I remember when I bought my last Jeep I bought in an envelope of cash, but they convinced me to save money through some shady banking and when they ran my SSN, they couldn't find any record of me. They said they only see that with people who have been in jail for 10 years. It was pretty funny.
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