• huppakee@lemmy.world
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    20 hours ago

    Why not “have to be registered with the government”? That’s still allow law abiding citizens to do whatever they want with their money.

    Also, people saying digital money on your local bank is different than paper money of the central bank; both are merely a promise. Back in the day the promise was related to a value in gold, now either are relatively empty promises. All banks do is keep track of the numbers, a bank note is proof your unregistered number is valid.

    • Pantherina (he)@feddit.org
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      18 hours ago

      How exactly would a payment registered with the government be “whatever they want”?

      I get, that cash is a critical exchange method and shouldnt be limited. This forces people to use banks and/or online payment providers

      • huppakee@lemmy.world
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        3 hours ago

        Registering is not limiting people’s actions though. You can drive your car wherever you want yet it carries two plates making it very clear it is registered and if you break a rule it can be traced back to you. Sure criminals can use fake or stolen plates, but my point is that registering a transaction means you can still make that transaction. If it is a lawful transaction it does not limit your movement.