Some experts believe that we should prepare for a world in which cash will no longer be king.
Having said that, let me stress that by offering CBDC, central banks would not be aiming to replace cash, but to complement it. [9] Christine Lagarde has made it very clear: “The Eurosystem will continue to ensure that all citizens have access to banknotes at all times.” [10] Many people share Fyodor Dostoyevsky’s view that physical money is coined liberty.