Cash must not be made the scapegoat. It’s astonishing that alternative means of payment, such as bitcoin – very popular among cybercriminals – are subject to much less criticism than cash despite the risks they entail and the scope for misuse.
Cash as legal tender allows equality and participation The store-of-value function of cash is directly linked to property rights.7 The easy accessibility to cash, especially for the elderly, the socially vulnerable or minors, allows people to participate in society and, for example, allows children to learn how to handle money.