Before my summer break, I was discussing the efforts by central banks to introduce digital currencies. The last part of that series mentioned that one reason why central bank may want to do that is that with a universally accepted central bank digital currency, the abolition of physical cash may become a practical possibility.
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Cash is still king – at least emotionally
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Before my summer break, I was discussing the efforts by central banks to introduce digital currencies. The last part of that series mentioned that one reason why central bank may want to do that is that with a universally accepted central bank digital currency, the abolition of physical cash may become a practical possibility.