Interesting read but the theory about cash going away in 10 years
> Cash, which is awkward to immobilize for policy reasons, will be gone in a decade or two
Is a risky one. The are many culture where cash is the way to pay, you use credit card for internet but everything else is cash. I'm thinking of North Africa, which we have many of these people in Europe. There are also the old people, of course they will be gone in 10 to 20 years but then then I'm not sure it would be ok with the general population. Removing cash would have to bring advantage to be accepted.
> Cash, which is awkward to immobilize for policy reasons, will be gone in a decade or two
Is a risky one. The are many culture where cash is the way to pay, you use credit card for internet but everything else is cash. I'm thinking of North Africa, which we have many of these people in Europe. There are also the old people, of course they will be gone in 10 to 20 years but then then I'm not sure it would be ok with the general population. Removing cash would have to bring advantage to be accepted.