I need an explanation for this Business question to help me study.Discuss some of the reasons that paper money and cash are under threat of disappearing? Why are governments trying to reduce use of cash?
What are some of the specific actions that the governments are taking to discourage use of cash?
What are some of the pros and cons to a society without cash?
How important is cash to you? Discuss your own spending…how much of your spending is in cash, how much by check, how much by credit card, how much by other electronic or crypto payments?
Requirements: short answer question