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#cash

Bitcoin’s Value: Probably A Lot Higher Than You Think
Michele Grant 1/30/2018 1:30:55 PM

Richard Shaw was kind enough to share this article with me:

money.cnn.com/.../index.html

Looks like hackers stole $530 million worth of digital currency yesterday. That's even more than the famous $400 million hack of Mt. Gox back in 2014. This is one of the greatest risks of #cryptocurrency and why I enjoy the peace of mind of my FDIC insured #cash.

Modi’s Demonetization Is A Cure Worse Than The Disease
Oliver Mani 12/2/2016 1:55:07 AM

When it comes to #demonetization, it's a mixed reaction among people. The author said it right, it's the low-income group (middle class) who get affected. Being a #cash dominating society, many are currently facing issues due to the cap of withdrawing a max of Rs. 24000 per week from the banks and max of Rs. 2500 per day from ATMs. Inspite of the inconvenience caused due to this cap, people still appreciate the decision taken by the government. #modi #india

The Needed Acception Of Cryptocurrency Today
Samantha Wolf 11/30/2016 1:59:32 AM

My concern with #DigitalCurrency is that anything is hackable. And when there is no paper trail, you are simply out of luck. That's why I'll never invest in #bitcoin. Look at all those people who lost their #bitcoins when Mt. Gox went under. #Gold and liquid #cash are always a safer investment.

War On Cash Turns To $20, $50, And $100 Bills
Anastasija Janevska 9/20/2016 3:28:05 PM

I am against going digital, I believe people have the right to privacy, and therefore #cash. But I think #Rogoff's compromise is a great idea. You tell me: why do non-criminals need access to denominations higher than $10? I don't believe they do.

Yet forcing criminals to deal with such low face-value bills places an extreme hardship on them. Back alley deals with an envelope or briefcase would have to be replaced with scheduled deliveries by 747s and fleets of armored cars. Impractical and very expensive. If you disagree, I'm happy to hear why. Perhaps I'm missing something.

War On Cash Turns To $20, $50, And $100 Bills
Barry Hochhauser 9/20/2016 3:12:35 PM

Fascinating ideas here. But wouldn't criminals prefer more convenient, untraceable forms of currency over #cash or #gold? For example #bitcoin or other digital currency?

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