What you think of when you say physical cash? Precious metals?
Discussion
nope, whatever they accept in the shop for payment is money if it's an immutable transaction.
ACCEPTANCE=🔑
cash = private and irreversible payment. just like bitcoin and lightning, and physical fiat tokens.
nobody accepts precious metals except pawnbrokers.
i predict that the amount of places accepting lightning will continue on the current trend and acceleration though. 2024 should see it hit mainstream recognition, and become a gimmick for tourist destinations.
You both are right.
Metals is an ancient time thing.
Meanimg money from the past.
Meaning for us it is a fall back solution if current system brakes.
Just from a perspective of someone that spend a part of his life in prefinal comunism.