Cash is the First P2P Service: Difference between revisions
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People have used cash for over twenty five hundred years. While cash is created by governments, it exists as an anonymous form of personal exchange around the world. Unlike many cryptocurrencies, which use vast amounts of electricity often generated from dirty power plants, the use cost of cash is trivial. Other digital payment systems, such as Paypal or Venmo, are centralized, charge a fee and are not anonymous. Cash is a true peer-to-peer form of exchange and we oppose businesses requiring payment using digital means. We urge everyone to support local businesses by cutting out financial intermediaries, such as credit cards, and the predatory cut they take, and to instead use cash. | People have used cash for over twenty five hundred years. While cash is created by governments, it exists as an anonymous form of personal exchange around the world. | ||
Unlike many cryptocurrencies, which use vast amounts of electricity often generated from dirty power plants, the use cost of cash is trivial. Other digital payment systems, such as Paypal or Venmo, are centralized, charge a fee and are not anonymous. | |||
Cash is a true peer-to-peer form of exchange and we oppose businesses requiring payment using digital means. We urge everyone to support local businesses by cutting out financial intermediaries, such as credit cards, and the predatory cut they take, and to instead use cash. | |||
'''Adopted:''' [[May 4th, 2023_Meeting]] | '''Adopted:''' [[May 4th, 2023_Meeting]] |
Revision as of 21:37, 11 July 2023
People have used cash for over twenty five hundred years. While cash is created by governments, it exists as an anonymous form of personal exchange around the world.
Unlike many cryptocurrencies, which use vast amounts of electricity often generated from dirty power plants, the use cost of cash is trivial. Other digital payment systems, such as Paypal or Venmo, are centralized, charge a fee and are not anonymous.
Cash is a true peer-to-peer form of exchange and we oppose businesses requiring payment using digital means. We urge everyone to support local businesses by cutting out financial intermediaries, such as credit cards, and the predatory cut they take, and to instead use cash.
Adopted: May 4th, 2023_Meeting