Another prediction of cash’ demise
this time in the context of Digital Acceleration. Key takeaway from the opinion piece: “n other words, treasurers are hoping and preparing for a wave of digitisation.” Long form read, so about six minutes but with ample supporting references.
Comment: corporations might be hoping and preparing, but its not clear to what extent individuals are wiling to give up cash. Sure, there has been greater acceptance of digital payments, but its by no means pervasive presently. Also many aren’t willing to give up the anonymity of cash.
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