Facebook claims its new cryptocurrency will bring financial inclusion and opportunity to billions, pushing cash further to the fringes. Is that a good thing?
An increasingly rare sight.
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Large-scale emergencies can be a strain, even in one of the world’s richest countries. Population growth, income inequality and fragile supply chains may make the problem worse.
The ‘war on cash’ is slowly eliminating paper currency.
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The courts are saying that down-and-out Americans have a right to seek curbside alms despite efforts to ban the practice. Two scholars have come up with an alternative to anti-panhandling ordinances.
The RBA found Australians are increasingly using cards instead of cash for in-person payments.
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India’s recent move toward a cash-free society helped reveal just how important physical currency is to the informal economies that the poorest families depend upon.
Back in the day…
Lloyds Banking Group Archives & Museum,
Currency first hit the scene thousands of years ago. An anthropologist explains the early origins and uses of money – and how archaeological finds fill in our picture of the past.
Using an ATM isn’t risk-free, but there’s a lot of security already.
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Pradeep Atrey, University at Albany, State University of New York
Fifty years after the first ATM went into service, the main problem – identifying authorized users – remains the same. But methods for doing so have improved significantly.
The announcement that Harriet Tubman will be the first woman on U.S. currency in more than a century recalls the history of female – and African-American – portrayals on money.
The demise of cash is not yet locked up.
David Gray/Reuters