A look at the most commonly peddled deceptions, distortions and duplicitous fairytales about the dangers, disadvantages and ultimate demise of cash.
May 28, 2015
Currency Research, a consulting, communications and conference resource for the currency industry, used the occasion of its 16th annual Currency Conference in Mayto unveil a new report, "The Case for Cash Part II: The Justification." The document explains why central banks should invest in cash and take an active role in supporting and defending it as a means of payment.
ATM Marketplace will be excerpting the new report in an upcoming feature, but in advance of that, we wanted to take a look back at last year's report, "The Case for Cash Part I: Myths Dispelled," from Currency Research, which debunks the anticash lobby's 16 favorite falsehoods about the purported downsides of cash.
The gallery below is a highly abbreviated summary of the Part I summary. The full 23-page document is available online and is well worth a read.
all images istock