Hi All,
I'm sure many of you have been noticing that we are starting to see a larger and larger reduction in places that accept physical change/cash.
While this may not matter to many, I think it is important to look at this and understand why?
First and foremost I guess it isn't worth very much. Second, governments and bankers want you to transact digitally as it helps them understand and potentially control behaviors. Lastly, they are trying to pave the way for a central bank digital currency and this is a strong avenue to do that.
These are some of my thoughts, but you guys let me know what you think!
Best Regards,
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