Finance: Does Cash Still Have a Future? - Essen-Ruhr

Cash is not abolished worldwide, but its use is decreasing in many countries. While some countries such as Sweden, Finland and Denmark are actively working to be cash-free by 2030, cash remains an important means of payment in Germany and other parts of Europe. Although the European Central Bank is planning to introduce a digital euro, it is not intended to replace it, but to complement it. Many experts stress that cash benefits such as anonymit…