cash

“In fact, now, if you go to a bunch of stores in China, paying through digital payments Will get you a discount, and it will actually be cheaper than if you paid with cash.”

“This was one of the early misconceptions out there about cryptocurrency, that you could shut something down like Bitcoin. That would be like saying, let's go shut down cash or the internet. Not only not possible, but also not desirable.”

“And in fact, this is the part that I find really interesting is that if I pay with cash, It's now a little bit of a negative social stigma.”

“Cash will go away. It seems almost inevitable except for like, you know, black market activities, perhaps.”

“There's a legitimate case that cash, like a lot of people want cash to go away. Like the people that want cash to stay are the drug dealers and the people that are the members of the underground economy.”

“And then on the topic of cash you know, the top 10 biopharma companies came into 2018 with about a hundred fifty billion dollars of cash on the balance sheet.”

“I think a lot of people in the space can have a lot of followers, but not the cash, and cash is key.”