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Originally Posted by Vendor
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Maybe because he fears a collapse of the banking system, a bankrun and customers shut out, a collapse of the paper money. Or he wants just anonymity and privacy in his payments and consumer behaviour, which is a perfect liberal right in my book.
All that paper toy stuff like cheques or bills of exchange and whatever will not help you if the bank locks customers out. Or when the state plunders private savings of its customers, even breaks into the private safe deposit boxes customer hold in the basement of a given bank. We have had it all, we have seen it all, we have been there.
I am not surprised that he did like he did, I am only surprised that he kept it all in paper cash instead of changing it into a different form of wealth storage that could outsit a rapid fladsh hyperinflation: may it be gold or silver, diamonds, precious ancient coins or whatever.