Why keep paper money?

By matilara14 | Cripto experiences | 28 May 2022


How much do we spend across the world in printed bills?

Inflation is shattering the economy all over the world and putting everyone on the edge.

So at this point we start to wonder how much longer the current financial system can endure. And probably its maximum exponente: paper money.

This small pieces of paper, printed and really expensive to make realiable and hard to duplicate are the main engine of nowadays economy.

But if you think about it, they are the weakest piece of the whole system: they are dangerous (if you carry enough of them you're an easy pray for stealing for example), have a really high cost of creation and distribution and makes transaction untraceable for the worst.

Isnt it time to start transitioning towards fintech in order to make a huge endorsement to enviromentalism and finances in general?

Just leaving an idea.

 

 

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matilara14
matilara14

I'm from Argentina, passionate about human rights defense and sustainable development.


Cripto experiences
Cripto experiences

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