I'd hate to see cash go. There has to be a degree of anonymity and uncensorability to financial transactions. Fortunately, Germans will never accept cashless society, which means it will never be a thing EU wide.
I'd hate to see cash go. There has to be a degree of anonymity and uncensorability to financial transactions. Fortunately, Germans will never accept cashless society, which means it will never be a thing EU wide.
The privacy any physical nature of cash is the only thing that gives it an edge compared to crypto. Gonna be surprised if any developed nation can actually get rid of it fully.
Crypto does not work if you misplace your cell phone. Or if your Internet connection is not there.
Sweden is probably closest. But even Sweden maintains readiness to go back to cash during crisis. I try to use cash on a weekly basis just to support the infrastructure.