Hurry Up Cryptos : Hard CASH Use Is Dying

I like Hard CASH. The stuff that you can hold in your hand. Coins, Paper, Plastic Notes it doesn’t really matter what physical form it takes. If I am making a small purchase I want to use Hard CASH. I don’t mind using Electronic Bank Transfers if I am paying an electricity bill or a car registration because my name is on those things already, but if it’s a Pizza or a Coffee or something requiring some discretion I don’t really want or need that showing up on my bank statement.

But Hard CASH use is dying. As much as I despise Fiat Currency and look forward to the day when Cryptos are widely accepted as a form of payment I will miss Hard CASH when it’s gone. I have had a few experiences lately where I have received an unusual response when paying with Hard CASH. The other week we were out for dinner at a newish hipster type restaurant and when it came time to pay the young waitress stuck out the electronic swiper thingy. When I insisted I was paying with Hard CASH she gave me this unbelieving look that only a young Millenial could give and said “Old School” to me. It caught me off guard.

Then tonite I was down at the BBQ Chicken takeaway place and the middle-aged guy taking my order did a similar thing with the electronic swiper thingy. As I held my $50 note up to him I pre-empted him and said “I’m Old School mate” with a smile. Then I followed it up with “Never give up your cash” to which he smiled and told me that 2 out of 3 customers are not using cash any more…..and this is at a BBQ Chicken takeaway! So I was caught off guard again.

Are we getting so complacent these days that the general population don’t even care about privacy and anonymity anymore? Are we happy for the Banks and Governments to see where every cent of ours is going? Now before you come at me with your anti-Crypto argument about everything being trackable on the Blockchain, yes sure, many Cryptos are trackable. But go have a look at Monero or any of the dozens of Privacy coins on the market before you try that old Chestnut on me.

Crypto technology and the user-friendly Wallets needed for mainstream adoption need to get a wriggle on because at this rate we will be cashless in a few years and there will be no going back. It won’t be long before these restaurants and chicken shops stop accepting cash as a payment method altogether. After all, it’s easier for them not to have to carry a float and secure all those bills from theft. It can happen soon and the mainstream won’t care. Only crusty old farts like me who want to keep paying Hard Cash will be left as bag holders for these old fiat currency notes.