Digital payments seem to be in the rise lately. More people are abandoning paper money (cash) in favor of credit/debit cards, and even crypto. Paying with cash is a rarity these days. Especially where I live. I'm beginning to wonder if cash is still King. Countries worldwide are already planning to launch CBDCs of their own. So cash's days are numbered. Am I right?
Feel free to share your thoughts. Thanks.
Feel free to share your thoughts. Thanks.
that is the that is currently happening, with digital payments becoming easier and starting to be widely used, it is possible that cash will gradually be replaced by digital payments, especially for those who do not hold cash, and indeed it can help, however in places where the internet is not available it will be difficult, but I am sure the transition from cash to digital payments will continue.