The Why Factor cover image

Why Do We Need Cash?

The Why Factor

CHAPTER

The Significance of Cash in the Economy

This chapter delves into the use of mobile payment services (MPSA) in Kenya, the significance of physical cash in the economy, the historical and symbolic importance of coins, and people's emotional attachment to physical money. It also explores the preference for cash in daily trades, the psychological motivation behind using physical cash, and the global trend towards becoming a cashless society.

00:00
Transcript
Play full episode

Remember Everything You Learn from Podcasts

Save insights instantly, chat with episodes, and build lasting knowledge - all powered by AI.
App store bannerPlay store banner