The Future of Cash: RBA details benefits of cash in latest bulletin

Discussion in 'Currencies' started by SpacePete, Dec 17, 2016.

  1. SpacePete

    SpacePete Well-Known Member Silver Stacker

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    Extracts from a new RBA bulletin - The Future of Cash

    Note that they point out the risk of outages with electronic payment systems, and risks associated with commercial bank viability during a financial crisis.

     
  2. SilverDJ

    SilverDJ Well-Known Member

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    Good to see the RBA being realistic on this.
    Everyone who thinks cash is going vanish is on a losing horse.
     
  3. Ag bullet

    Ag bullet Well-Known Member

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    digital currency and privacy/anonymity. there's an oxymoron if ever i heard one.
     

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