Think about how digital movies and games are routinely locked and blocked. Do you want the government to be able to do that to all of your liquid cash?
I used to work in manufacturing. One place used the Japanese standard of manufacturing with paper based progress gates and faxing copies to other sections. They also paid cash for any outside contracts. The whole system worked flawlessly. Those negatives are not as bad as they seem.
Pretty common in China too. I'd regularly make deposits and people would come in with cases of cash and deposit alongside the rest of us.
Sometimes they'd use the cash deposit ATMs, and the rest of us online would be like f****** okay just take 10 minutes there inserting stack after stack of cash. cool of you
I'm not against cash, but being cash only would be a nightmare.
Cash is filthy, and it takes time to have to look through and work out (for all stakeholders). It costs money to secure it as well. It wears out over time and has to be minted.
Things here are ahead in some ways, but not in the (very publicly visible) ways they used to be. Robotics, particularly as relates to manufacturing and elder care, comes to mind.
Excluding bullet trains, these are just bazinga-brained Disney world attractions. Could have put mixed use zoning on the front, and toxic grindset work culture on the back.
What kind of infrastructure is like that in the US? I worked in IT for one of the largest power companies in the country and the worst we had was win2000 in one location that was being decommissioned anyway.
Tbh I’d say they’re way less cash-based than believe to be. Obviously just my experience but most places take visa or Suica from Tokyo to Hiroshima to Kanazawa and everything in between.
But a lot of small Japanese business, particularly in food/drinks, do not. PayPay and such are making some inroads in that space, but I know bar owners here who got rid of it as it wasn't worth their take/fees.
People in the US still don't believe me that there are DVD rental stores everywhere in Japan. Although the wildest low tech thing I've seen though is one time I had to go to a rural post office out in Gifu prefecture and the workers there had honest to goodness abacuses instead of cash registers.