Cash is still monopoly money, but at least it's on something physical. Gold, silver, bartering, and crypto (if you don't put all your eggs in the basket) are freedom. Cash is however infinitely less harmful than a CBDC would be.
"Fiat" money is a few steps higher than Monopoly money. The fractional reserve banking system utilizing fiat money sure has lifted a lot of humanity out of poverty tho
Cash is still monopoly money, but at least it's on something physical. Gold, silver, bartering, and crypto (if you don't put all your eggs in the basket) are freedom. Cash is however infinitely less harmful than a CBDC would be.
"Fiat" money is a few steps higher than Monopoly money. The fractional reserve banking system utilizing fiat money sure has lifted a lot of humanity out of poverty tho