Atm has been disappearing for years now (not completly 
). With the Covid crisis, people were encouraged to pay by CB on the pretext that banknotes could carry viruses. Some banks refuse cash deposits and withdrawals. Some currencies are worthless: sometimes they're used to fuel fires, or to create bags (Venezuelan bolivares, for example). What does the future hold for cash, and can btc become an alternative?
Thank you
). With the Covid crisis, people were encouraged to pay by CB on the pretext that banknotes could carry viruses. Some banks refuse cash deposits and withdrawals. Some currencies are worthless: sometimes they're used to fuel fires, or to create bags (Venezuelan bolivares, for example). What does the future hold for cash, and can btc become an alternative?Thank you
I think that in some countries Bitcoins are already a great alternative to the local currencies. Countries that have very high inflation makes dealing in their Fiat money hard as the value of the money changes so quickly. When businesses needs to change their prices multiple times a day to account for the hyper inflation, things are very bad and consumers might look for alternatives. Bitcoins would be the perfect alternative in such a case as it won't be affected by inflation in the same way. Another factor is the comfortability of paying with digital currencies, we don't need to carry around large amounts of cash anymore and can have a better overview over our expenses. When paying digitally we already have a summary of all our outgoing transactions, with cash it's much harder to keep on track of all the things we bought.