People I don't think inherently 'love' cash... I mean think of all the germs on the money you get from a convenience store or McDonalds? I guess a cc can still have germs, but it's also more convenient to not have to step foot near a bank to get it.
I know plenty of people who've never heard of HN who use CC and Debit Cards religiously. I don't think it's too much of a stretch to someday completely move away from physical cash. From a waste standpoint it makes sense, why waste money/physical resources just to create fiat currency when it can all be digitized?
Yes, I tend to be one of those people and know many. The difference is they have very little political power. When both the "elites" and suburban America is against you - you likely are not going to have a good time.
Sure, I'll take your $10K diamond ring for my $1K gun. Or did you want to chop off the corner?
(more seriously: I think people are going for a substantial reduction in practical feasibility more than anything. The inefficiency of barter is unlikely to affect that.)
While we’re kidding around, once I have your gun, all I need to do is trade a $1 bullet to get my ring back!
Given the fanaticism of the gun debate, if laws don’t prohibit the medium of exchange, you can bet that anything from scrap copper plumbing and wire, to lumber, to livestock would be accepted in some circles, in order to breathe life into a market with enough demand.
