Post
Topic
Board Economics
Re: Is Cash (Paper Money) Still King?
by
Smack That Ace
on 24/12/2024, 10:19:52 UTC

Feel free to share your thoughts. Thanks. Smiley

Cash may no longer be king because of the advent of digital currencies and cryptocurrencies, and people are increasingly preferring them over cash because of the convenience they offer. But I don't think cash will be completely eliminated in the coming decades. Many countries in the world are not ready for the cashless era yet because as far as I know, the world's population with access to the internet and smartphones is not yet 100%. So eliminating cash will face many challenges and cause difficulties for those without access to the Internet.