Greg

I concur! Western economy is based on ever growing real estate prices. If these prices stop growing or decline - it means we have much bigger problems.

That’s the envelope method

I agree with you on the need for a balanced approach, recognizing both the utility and potential issues with cash. Checks and balances in financial systems are vital.

Thank you for a thoughtful and engaging conversation on this complex matter. Your insights have certainly added depth to my understanding. Let's continue to advocate for responsible and balanced policies.

That is an excellent observation.

Could you please provide more information about the current shortage that is preventing working individuals from being able to purchase food or have access to nearby dining establishments like cantina for lunch? What about individuals who are currently unemployed? Will they need to use their savings for groceries, or is it necessary to be employed at all times, similar to the situations in North Korea or China?

I agree that makes sense and is highly needed, but I always remember the civilization-old question “Quis custodiet ipsos custodes?” (“Who will guard the guards themselves?” or “Who watches the watchmen?”). Balancing privacy with oversight is complex. Cash offers an option for privacy and autonomy. Striking a balance between individual rights and societal needs requires thoughtful governance, not necessarily the elimination of choices like cash that some citizens may rely on.

The distinction between blockchain and AI lies in their respective applications.

While blockchain companies has been associated only with money laundering operations, it is important to note that AI has a much broader range (complete) of uses across various domains involving data.

Cashless society is a controlled society. While some may misuse cash for illicit activities, many prefer it to protect privacy, maintain personal control, or avoid digital vulnerabilities. Dismissing cash usage solely for nefarious reasons overlooks legitimate concerns and individual freedoms, and equates privacy with wrongdoing, a perspective that might inadvertently erode fundamental rights and personal autonomy.

I think that implementing food tickets, unless there are significant environmental concerns such as war, post-war situations, or famine, could have various benefits. But I see no benefits for the receivers of these food tickets. Unless if they are horribly underpaid which is actually a bigger issue.

A million dollar (drachma ?) question right here

GitHub is Microsoft, do you calculations.