Elfonomics - with Elf Lyons and Dr Gerard Lyons cover image

What is money?

Elfonomics - with Elf Lyons and Dr Gerard Lyons

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The Decline of Cash Transactions: Trends and Insights

This chapter examines the significant reduction in cash usage over the years and highlights the shift towards digital payments. It provides data trends predicting that by 2029, only one in ten transactions may involve cash, while also considering the global disparities in cash reliance.

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