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Cash is not redundant or a backup system.
It's a parallel system and a requirement for national and sovereign security.
Just think, if all banks E facilities were down for say, 3 days.
What a crap fight it would be for the herds.
For me, the old merchant saying still applies,
"In God I trust, all others pay cash".
It's a parallel system and a requirement for national and sovereign security.
Just think, if all banks E facilities were down for say, 3 days.
What a crap fight it would be for the herds.
For me, the old merchant saying still applies,
"In God I trust, all others pay cash".