Cash News

Economists define cash as a physical form of money, such as banknotes and coins. Bookkeepers and financiers explain cash money as a current asset, including currency or its equivalent, that can be accessed immediately. Cash existed in the form of coins until Venetian merchants started using the first banknotes in the early Middle Ages. Today, most cash is being replaced by digital money, which has become the largest share of the total money supply. While cash is not useful for remote payments and is not as fast as digital currency, it is very convenient for private and secure transactions — though this is gradually being replaced with cryptocurrencies. In 2016, 1 out of 7 people in the UK were reportedly no longer using cash, which may indicate the possible existence of a cashless society in the near future — proposals of which are coming from around the world.

News
Millions more Americans posted unemployment status last week, but does that mean anything for Bitcoin?
Recent Unemployment Numbers Might Not Mean Anything for Bitcoin
Benjamin Pirus
2020-05-21T20:30:13+01:00
3984
News
BIS Innovation Hub head asserted the decline of cash use amid the pandemic has renewed the pertinence of bank-issued digital currencies.
BIS Innovation Hub Head: COVID-19 Has Exposed The Value of DLT
Samuel Haig
2020-04-25T15:33:00+01:00
5248
News
Square has launched an online portal allowing U.S. citizens to divert their stimulus payments to its Bitcoin-friendly Cash App.
Square's Users Can Route Stimulus Payments to BTC-Friendly Cash App
Samuel Haig
2020-04-13T01:00:00+01:00
10158
News
Hedge fund manager, Ray Dalio, described the reasons cash is a poor investment, but failed to mention Bitcoin as a viable alternative.
Ray Dalio Bashes Cash, Doesn't Mention BTC Alternative
Benjamin Pirus
2020-04-12T01:00:22+01:00
12741
Analysis
As the pandemic challenges the global economy and forces people to abandon cash, a CBDC might be the right tool to fix the financial system.
Coronavirus Crisis Accelerates CBDC Race, Cash No Longer Untouchable
Stephen O'Neal
2020-04-10T15:15:00+01:00
3986
News
Amid growing concerns regarding the transmission of COVID-19, the Bank of International Settlements is pushing for digital currencies.
BIS Calls for Central Bank Digital Currencies Amid Coronavirus Pandemic
Samuel Haig
2020-04-05T05:00:00+01:00
8104
Analysis
The CBDC race has long been on, and some countries might finish sooner rather than later.
Eastern Caribbean Central Bank’s CBDC Could Beat China to the Punch in 2020
Stephen O'Neal
2020-03-18T13:03:00+00:00
3111
News
Multi platinum-selling artist Akon will launch his Akoin cryptocurrency on the Stellar network.
Grammy-Nominated Artist Akon to Launch Cryptocurrency on Stellar
Andrew Fenton
2020-02-28T15:00:00+00:00
4605

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