

I’m sure someone out there is running something on paper still, but that’s not how most things are run.
Additionally, unless people are legally required to do all exchanges on the public ledger (which seems highly unlikely), then you’d still end up with transactions not monitored on the public ledger.
I mean, have you looked at prices recently, they’ve already been going up. That’s why they didn’t want to lower the rates, it’s only going to accelerate inflation that’s been creeping up due to tarrifs.