📟 Nov 11, 2023: Life Site News > It was therefore a huge relief to remember I had paid for my $12 of purchases in #cash.

Sat Nov 11, 2023 

10:18 am EST

www.lifesitenews.com

At the time of that data breach, my husband and I were already transitioning toward an all-cash lifestyle, but after this event we went all the way – or at least, as far as we could. Our use of credit and debit cards decline precipitously. We have lived a cash lifestyle ever since.

Interestingly, last week I made some purchases (with cash) at an Ace Hardware in a nearby town. We’ve been part of their “Rewards” program for years – purchases are tallied, and rewards cards periodically issued – so it surprised me when the cashier didn’t ask for my rewards information. “It’s because Ace was hacked nationwide for ransom,” she told me. “We can’t order merchandise or tally Rewards points or process online orders. Customers are worried about their credit card information.”

Needless to say, we have never, not once, regretted the decision to embrace a cash lifestyle. Since paying with cash reduces the chances of identity theft, we no longer pay anything by credit unless absolutely necessary, with the exception of the occasional online purchase. We even opted to stop writing checks, except when paying our monthly bills by mail. Since we don’t have smartphones, we’ve completely missed the Venmo, Zelle, and Cash App revolution. Nope, for us it’s old-fashioned money all the way.

But the time is coming when this choice may be snatched away from us, thanks to the increasing push toward the “convenience” of digital currency. Despite whatever pretty words the government uses, there is no question digital currency is a horror show waiting to happen.

There are many risks. Digital currency would be vulnerable to hacking, technological glitches, and power outages. Any hiccup in the system would mean your funds are not available “at this time.” When regional disasters happen with widespread power outages, no one in the affected areas would be able to exchange currency, adding additional distress on top of existing misery.

As proof of this, consider last week’s crash of the direct-deposit system, with all major banks affected. People couldn’t pay their bills because their paychecks weren’t in the system. Where is all the “convenience” now? Will digital currency somehow be magically exempt from hacking, power outages, or glitches?

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