We should not abandon paper money. It must always be remembered that paper money is the most untraceable by governments, and digital money allows officials to completely control the financial activities of their citizens. Yes, and in many cases it is very convenient to make small everyday transactions in cash, especially if transactions are made between citizens. Therefore, I think that cash will always be in demand. Their mass will undoubtedly decrease, however, to a certain level. In addition, cash should be kept at least as a backup option, when the use of technical devices for making non-cash payments becomes impossible due to various technical failures and large-scale disasters.
It's not safe to keep cash on a large scale because the government is always making new banknotes and the thing to fear is that the banknotes you keep will be withdrawn from circulation and that will expose yourself. for the next few decades, people will definitely continue to use paper money because the government also recommends that, but the use of digital money will shift the dominance of paper money.
I dont think that dominance would really be having some shift in compared to fiat and with digital on which we know that paper fiat would really be that significant if we do talk about existence because as long
government does exist then money would really still existing because this is what they do like on something that could really be handled and monitored out.It is really just that hard to believe that they would be
letting other things to be in control which is something decentralized.They would definitely be trying out to block in out and would insert up on things according to their preference.
We do know on how government do behaves in talks like this.