I betcha even I could breed a new horse faster than you could build a new car.
Of course I'd need some 'money' — diamonds, gold, indentured labour, peppercorns (look it up) — for the mare and stud fees, but the point of cash, and it's real value as money is that we can all see it, and touch it and count it. All that's very, very low-tech, and that's we all value that 'money'.
How does Cook propose we value money's that's nothing but invisible electrons moving at light speed because someone — not you — told them to? And only 'exists' because some screen tells you it does?
So we're back to who do we trust: Gold? God? the US Federal Reserve who sticks His name on every bill? or Satoshi Nakamoto (look him up) ?
You south Americans have taken forever to trust coloured cash, and still clog purses with actual pennies and one dollar bills. Maybe you could tidy up some of those antiques cluttering the 'official' money system before handing Cook and Co. carte blanche to privatize it.
You didn't imagine invisible money you need ApplePay and such to even use was anything but a corporate profit point did you?
